Digi Telecommunications (Digi) announced its partnership with ManagePay Systems (MPay) and with Mastercard as a supporting payments technology partner, to offer a new payment proposition to meet the fast-evolving needs of Malaysia’s growing online community.
The partnership entails the development of a digital prepaid card, which will be made available to the public in the first half of this year, to enable access for more young Malaysians to make digital payments online and in-app across merchant locations that accept Mastercard worldwide.
The card will be designed for those who prefer the convenience of online transactions when making their purchases. Customers can sign-up, activate and use the card all within a single mobile app as part of a simple, safe and secure end-to-end digital experience.
This partnership is one of the many ways Digi is innovating to provide better digital experiences for its 11.8 million customers. It sees the company innovating beyond its core services and into the payments space to bring the benefits of cashless payments to all Malaysians.
According to Mastercard’s latest Online Shopping Survey, more Malaysians are embracing online shopping with 89% having made at least one purchase towards year-end 2017, compared to 81% in 2015.
Praveen Rajan, Chief Digital Officer, Digi
We want to play our part in assisting people to go cashless, and more importantly, offer them the convenience to do what they want on their devices. This partnership with MPay and Mastercard will give young Malaysians a new option to pay and purchase anywhere globally.
Chew Chee Seng, MPay Group's Founder, Managing Director and CEO
This includes having access to a suite of merchant tools for improved customer retention, which will translate into a more engaging and efficient in-app cashless experience for card holders.