KUCHING: Sarawak Multimedia Authority (SMA) is offering registered merchants 10 per cent cash rewards for every single collection transacted via Sarawak Pay.
Zaidi performs an e-Wallet transaction at a food stall.
According to SMA general manager Dr Zaidi Razak, this is a move by the authority to engage more merchants to utilise Sarawak Pay – the Sarawak government’s financial technology (FinTech) platform that provides technology for fast, secure and convenient mobile e-wallet and digital payment transactions.
“At the moment, we are providing incentives for merchants and users to join and utilise Sarawak Pay.
“We want many Sarawakians benefit from this initiative by SMA towards a cashless lifestyle,” he spoke during a briefing on ‘Sarawak Pay e-Wallet’ at the Waterfront Hotel here yesterday.
Zaidi said there is no limit on the transacted amount made via Sarawak Pay per day, but SMA is offering up to RM1,000 worth of cash rewards on a monthly basis.
He said the authority is committed to helping the local commerce industry adapt to and adopt the digital and cashless way of doing business.
He added that such cashless services are offered free of charge by the Sarawak government, with the ultimate aim of benefitting the business community as well as consumers at large.
He also believed that using Sarawak Pay to trade and transact would help lower the cost of doing business in the long run.
The Sarawak Pay e-Wallet, licensed and governed by Bank Negara Malaysia (BNM), is the first of its kind implemented by the Sarawak government, which is also the first among other states in Malaysia to have undertaken this system.
Moreover, Plaza Merdeka Shopping Mall is the first of mass retail chain in Sarawak to have adopted Sarawak Pay at its food court. Zaidi marked this occasion by performing an e-Wallet transaction at one of the food stalls to demonstrate the ease of making a cashless payment.
The Sarawak Pay’s ‘Scan & Pay’ feature allows each payment to be initiated by scanning the QR code on a biller’s slip, or scanning the code displayed by the merchants. It is learnt that SMA is a regulatory body that provides policies and facilitates digital economy programmes in Sarawak.
“SMA also implements and enforces laws relating to communications and multimedia activities and facilitates R&D (research and development) in communications and multimedia activities,” added Zaidi.
Sarawak Pay App is available for download via Google Play Store (for Android devices) and Apple Store (for iOS-run devices).
