1 SEPTEMBER 2021, Kuala Lumpur – Amid the COVID-19 pandemic, Malaysian government has highly promote hygiene awareness and social distancing among its citizens while encouraging the adoption of contactless payment. Hence, an upward trend of contactless payments that is accelerating the shift from cash to digital options. In a bid to drive cashless payments in the country, Revenue Monster announced a collaboration with Sarawak Pay – the fintech platform owned by the Sarawak State Government. Revenue Monster, a Malaysian financial technology company focused on pioneering business digitisation, will add Sarawak Pay e-Wallet to its roster of payment options.
Now more than half a million users of Sarawak Pay e-Wallet will be able to conduct transactions with Revenue Monster’s merchants, who already benefited from Revenue Monster’s unified payments solutions that features payment acceptance enablement for 14 e-Wallets, MasterCard, Visa and FPX for online banking.
In the midst of the Covid-19 pandemic situation, Ken Lim, CCO of Revenue Monster shared that this collaboration will drive safe and convenient cashless payments among businesses and users alike. “It is well timed to announce this collaboration at a time where Malaysians rely on cashless payments now more than ever.”
“Businesses and customers alike rely on digital payment solutions so much for things as simple as grocery shopping during these times. Now, West Malaysian based businesses in Sarawak can utilize Revenue Monster’s unique offerings to seamlessly reach more customers. As such, we’re truly proud to be working with Sarawak Pay to bring our seamless cashless solutions to business owners and consumers in Sarawak,” Ken continued.
“As a state-owned e-Wallet ecosystem in Malaysia, we take our commitment to providing ease of cashless transaction to our users very seriously,” commented Lucy Wong, Head of Business at SiliconNet Technologies Sdn Bhd, the company appointed to operate Sarawak Pay.
“Cashless payments are now a crucial tool for every Malaysian as we continue our fight against COVID-19. Working with Revenue Monster will diversify the reach of Sarawak Pay e-Wallet to a wider range of merchants. We hope to make available a greater pool of businesses whereby Sarawak Pay users can conduct safe and seamless payment transactions.”