Kiple powers Selangkah Biz for cashless payments

With Selangkah Biz, any registered businesses in Malaysia can accept cashless payments using their own devices, transforming their phones into payment terminals with just a few taps.

PETALING JAYA: Selangkah Ventures Sdn Bhd (SVSB) aims to help small and medium enterprises (SMEs) move towards a contactless and cashless business environment with the launch of its new mobile application and digital solution, Selangkah Biz.

In a statement, SVSB said the app removes digital obstacles mainly faced by conventional merchants that struggle to keep up with modern technology.

“With Selangkah Biz, any registered businesses in Malaysia can accept cashless payments using their own devices, transforming their phones into payment terminals with just a few taps.

“The merchants only need to download the application and register to become a Selangkah Biz merchant, which will then provide them access to the unified payment platform to receive cashless payments through multiple e-wallets and manage their daily transactions easily.”

SVSB said the app will also help SMEs save on cost while providing their customers with greater convenience and value, without the need for device installation and rental.

SVSB chief information officer Dr Helmi Zakariah said the company’s aim is to help SMEs thrive. “Selangkah Biz is our solution to help SMEs digitalise safely, seamlessly and quickly to advance their businesses, which in return will contribute to the nation’s growth.

“We saw this urgent need to digitalise and work hand-in-hand with technology leader Kiple to help drive this and leveraged their expertise to lay the foundations for the app, which will ultimately aid SMEs to transform digitally, ” he said in the same statement.

SVSB said the payment platform available on the Selangkah Biz app was made possible through a collaboration with financial technology solutions provider Kiple, which designed the end-to-end system for the app.

“The user-friendly interface makes it possible for the merchant to present their customers with a variety of payment options for their convenience. At the moment, this includes e-wallet and cashless payment options such as Touch n’ Go, Boost, Grab, Razer and kiple’s own e-wallet, kiplePay.

“Kiple has also made it possible for merchants to monitor their overall sales through transaction records, allowing for easy daily tracking.”