Visitors will get to experience the convenience of digital transactions at their fingertips.
Kuala Lumpur, 23 March 2024 – In support of digital commerce, Bank Simpanan Nasional (BSN) has partnered with Tech Hunter Global Sdn Bhd (PayHunter) to introduce BSN’s DuitNow QR Soundbox, a digital payment terminal to facilitate cashless transactions for Ramadan bazaar stall vendors. This initiative is aligned with the government’s Geran Digital PMKS Madani (GDPM), aimed at enhancing digital solutions for micro, small and medium enterprises (MSMEs).
The BSN DuitNow QR Soundbox is available and activated across 24 selected Ramadan bazaar spots in Kuala Lumpur to benefit vendors and customers alike. This deployment follows the success of last year’s #TechMeToBazaar event at Ramadan Bazaar TTDI, demonstrating BSN and PayHunter’s commitment to enhancing the digital commerce landscape and empowering MSMEs with digital capabilities.
The event was graced by Yang Berbahagia Datuk Seri Sr Haji Kamarulzaman Bin Mat Salleh, Mayor of Kuala Lumpur, who also witnessed the launch of the first Dynamic DuitNow QR Soundbox with Card Acceptance by BSN and PayHunter. The launch of this digital product is meant to better empower MSME business owners by providing them quick, secure, and direct access to their accounts without the hassle of handling cash.
BSN and PayHunter have also teamed up to offer new and existing Ramadan bazaar vendors the opportunity to become BSNeBiz merchants. As a bonus, vendors will receive a complimentary BSN DuitNow QR Soundbox. The deployment of the BSN DuitNow QR
Soundbox at 24 Bazaar locations was meant to simplify operations for the Ramadan bazaar vendors, offering secured transactions.
The Dynamic BSN DuitNow QR Soundbox is expected to be rolled out in the next quarter. BSN and PayHunter will also continue to upgrade the QR Soundbox, offering a new feature where merchants can input product prices directly into the device that generates accompanying QR code. This advancement streamlines the payment process, allowing customers to scan QR or tap using their cards.
Yang Berbahagia Datuk Haji Kamarulzaman Mat Salleh, Mayor of Kuala Lumpur City Hall
(DBKL) mentioned “It is with great satisfaction that I observe the efforts of our business owners in upskilling themselves. They are gaining insights into the mindset of their customers, who seek seamless and convenient transactions for even the smallest purchases at the Ramadan Bazaar. This is a positive development in empowering more MSMEs and SMEs to adopt digital solutions, as Malaysia embraces a digital lifestyle.”
Jay Khairil, Chief Executive of BSN, said “The partnership with PayHunter underscores the
bank’s unwavering commitment to enhancing productivity and promoting business expansion among MSMEs through digital transformation. The introduction of the Soundbox terminal is a convenient feature to further facilitate ease of completing the payment process. As a mandated financial institution, BSN is dedicated to empowering MSMEs through PMKS Madani digital grant, ensuring their success and contributing to inclusive economic growth.”
Jenson Wong, the Chief Executive Officer of Tech Hunter, said “After the successful Ramadan Bazaar of the previous year and the increasing interest of Malaysians in cashless transactions, PayHunter has taken the initiative to offer vendors a more secure and faster way to receive payments. Thanks to our BSN sponsors, the introduction of the Dynamic QR Soundbox with Card Acceptance and BSN’s DuitNow QR Soundbox is now made possible and is expected to provide peace of mind to vendors while selling their products.
Mr Gary Yeoh, Chief Commercial Officer of PayNet, mentioned “We are committed to making commerce more accessible and convenient for all Malaysians, particularly for our MSMEs, the economy’s backbone. Our support for the BSN’s DuitNow QR Soundbox initiative reflects our dedication to empowering businesses with streamlined, secure, and efficient e-payment systems. Through innovative platforms, we introduce more than technology; we create opportunities for small businesses to prosper in the digital economy. Together, we are transforming commerce to ensure it is inclusive, progressive, and beneficial for all, shaping a future where transactions enhance economic participation for everyone.
Philippe Buriot, Chief Executive Officer of MY Evolution, said “As a tech enthusiast myself,
I am glad to be a part of this project alongside PayHunter and BSN, to support and provide stall vendors with MY Evolution’s IoT SIM cards. They are not only equipped with advanced security protection mechanisms but also provide best connectivity experience to Malaysian vendors.”
For more information on the payment terminals, you may visit PayHunter’s Facebook page
https://www.facebook.com/payhunter.com.my or contact Brandon Wong at brandon@tech-hunter.com.my.
