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Revenue Monster and ShopeePay Collaborate To Accelerate Cashless Payments This MCO
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Revenue Monster
Revenue Monster and ShopeePay Collaborate To Accelerate Cashless Payments This MCO
Nadia Razak
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New Partnership to enable ShopeePay at over 13,000 merchant points
Revenue Monster - a Malaysian financial technology company focused on pioneering business digitisation - has announced a new collaboration with ShopeePay Malaysia Sdn Bhd, the mobile wallet of Malaysia’s number one e-commerce platform. This collaboration sees Revenue Monster integration into ShopeePay as a payment gateway enabler bringing alternative cashless payment solutions for businesses and consumers to over 13,000 merchant points.
Revenue Monster’s unified payments solutions features payment acceptance enablement for 14 eWallets, MasterCard, Visa and FPX for online banking. With this announcement, Revenue Monster’s payment solutions are set to bring greater ease of use and a streamlined payment experience to millions of Malaysian businesses pivoting to digitalization in line with the SOPs for the current Movement Control Order (MCO).
“With ShopeePay now available through Revenue Monster, we can provide even more cashless payments options to businesses across Malaysia through our unified payments solutions. This is the next step in our continued effort for our merchant’s online store & bricks and mortar business,” said Amanda Chin, CEO of Revenue Monster.
“Going into our third MCO, cashless payments is now a critical asset for merchants to provide contactless customer experience. With this announcement, merchants will be able to utilise ShopeePay and get their customers to safely and seamlessly go contactless whether at their brick and mortar store or their online shop,” she added.
ShopeePay is now accepted as one of the checkout payment options for any in-store or online transactions, including Revenue Monster’s Ć la carte online super store solution – a platform that helps businesses to own an online shop on the fly and acquire more customers.
With this additional payment method, businesses under the Revenue Monster network will be able to leverage on ShopeePay’s ongoing cashback campaign where users will be receiving a daily RM3 cashback with a minimum spend of RM15, thereby adding more value to consumers.
Commenting on the announcement, Alain Yee, Head of ShopeePay Malaysia said “As one of the fastest-growing mobile wallets in Malaysia, we are committed to making ShopeePay the most convenient and viable cashless payment option for all Malaysians. This is especially so as we enter MCO 3.0. The third wave of Covid-19 infection has become critical. We have been advised to keep our guard up and avoid contact as much as possible, especially in public places. We must continue to play our part in helping break the chain of infection. Our partnership with Revenue Monster will be able to expand the reach and usability of ShopeePay, thereby providing Malaysians with a quicker, easier and safer payment method when they shop both online and offline.”
Revenue Monster’s ecosystem allows merchants to fast track digitalisation seamlessly with digital tools such as truly unified payment solutions, one click payment links via eInvoice and LivePay, and Ć la carte - online super store solution. Revenue Monster has thus far benefited over 13,000 merchant points in food & beverage, fashion and accessories, home appliances, beauty/personal care, automobile and more.
Sign-up for Revenue Monster now to accept ShopeePay by visiting www.revenuemonster.my
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