#TECH: E-payment solution for communities

02 April 2021 #TECH: E-payment solution for communities
KUALA LUMPUR: OpenSys (M) Berhad or commonly known as OpenSys has launched an innovative product called the X-KIOSK.

The solution provider for the financial services, telecommunications, and utility industries said X-KIOSK is a digital lifestyle payment solution that eases the undeserved communities’ transition to e-payments from cash.

The initiative is a result of collaborations with GoBiz by U Mobile, TNG Digital, dobiQueen, and ECO-Shop where it has up to 120 units to be deployed in high traffic community-based lifestyle locations including retail outlets (including ECO-Shop and dobiQueen), convenience stores, residential buildings, universities, and colleges.

OpenSys’ focus is on the B40 communities that are not digitally connected as other communities.

While bridging the digital divide for the communities with limited digital access, they solve the B40’s lack of means of bank accounts, cards, and e-wallets for payment purposes.

With X-KIOSK, consumers can make payment services for themselves or others with the kiosk for prepaid reload, e-wallet top-up, SIM card replacement, sale of SIM card, bill payment, and loan repayment.

OpenSys’ chief executive officer, Eric Lim, said the company believes the X-KIOSK is well-positioned to support the Malaysian government’s MyDigital initiatives to encourage more Malaysians to adopt a digital payment lifestyle

“We are delighted with this key milestone as X-KIOSK will bring great convenience to the underserved communities for a better digital lifestyle. Settling payments is easy now, as X-KIOSK offers the most comprehensive payment modes in cash, credit/debit cards, and e-Wallets. It is also a platform to convert cash to e-Wallet for the underserved communities to participate in the digital economy,” he said.

“It will serve as an extended service payment channel and provides a complementary physical presence at community locations, making it a cost-effective channel for building brand presence. Besides, it also brings vacancy to participating premise owners’ storefronts and adding convenience to their customers,” he added.

OpenSys is looking forward to collaborating with various merchants, billers, issuers, and premise owners to provide more convenience to the communities.

Source: NST

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