UOB Malaysia, Fasspay give contactless payment solution to J&T Express riders

From left: J&T Express assistant CEO Vincent Low, UOB Malaysia managing director and country head of wholesale banking Andy Cheah, executive director and country head of transaction banking Lucas Chew and Soft Space chief strategy officer and Fasspay CEO Chris Leong

KUALA LUMPUR: UOB Malaysia and Fass Payment Solutions (Fasspay) have collaborated on providing J&T Express riders the facility of using their smartphones as point-of-sales (POS) terminals to accept contactless debit card payments during last-mile deliveries.

In a statement, UOB said it acts as the settlement bank to facilitate the flow of funds between parties through Fasspay’s in-house developed app, Fasstap.