Calling MSME Owners & Vendors! You Can Sign Up For A MAE DuitNow QR With Just Your IC
It's absolutely free to set up and use!
By Jeremy Ng — 25 Nov 2024, 03:17 PM
If you're a micro, small, and medium-sized enterprise (MSME) owner, you probably understand the struggle of dealing with customer payments
Don't worry, 'cause Maybank QRPayBiz is here to help!
In case you didn't know, Maybank QRPayBiz is a cashless payment solution that enables sellers to receive payments using a DuitNow QR code generated specifically for your business.
But why do you need a business QR, since you can use your personal QR anyways?
The good thing about having a business-specific QR is that it allows you to keep tabs on money coming in from your customers — this can be helpful for tallying your sales, calculating your revenue, and even doing your taxes. It also helps create a separation between work and life, while giving your customers confidence in the legitimacy of your business.
What's great about Maybank QRPayBiz is that it's easy to set up and free to use. Here's why you should adopt it for your business:
1. It's completely free to use. There are no sign-up fees or recurring fees required to use Maybank QRPayBiz. Plus, there is no Merchant Discount Rate (MDR), a service fee typically charged to merchants for every transaction made.
2. It's easy to set up. Anyone can enjoy instant approval* on Maybank QRPayBiz as a merchant. Simply download the app and follow the guided application process to register. Maybank will even provide a QR standee for free. In fact, all you need is your IC to sign up!
*Do note that you must be at least 18 years old and operate a legal business to use Maybank QRPayBiz.
3. It offers real-time settlement. In other words, funds you receive from customers will be credited into your designated bank account instantly. There is no holding period, which means you can make use of the funds immediately. Just sign up via the Maybank QRPayBiz app, get a QR code for your business, and funds received will go directly into your bank account of choice.
What's more, Maybank QRPayBiz customers will get a QRPayBiz Merchant Kit for free
Once you sign up for Maybank QRPayBiz, you will get a free MAE DuitNow QR standee and MAE Scan & Pay stickers that you can display at your store or stall.
You can also opt to purchase a Maybank QRPay Soundbox to get notified of all incoming DuitNow QR transactions. This will help you to confirm that your customers have paid you before you issue them a receipt — this also prevents scam and fake receipts from circulating.
The soundbox retails for RM199.90 and can be purchased via Sama-Sama Lokal on the MAE app.
For a limited time, Maybank QRPayBiz is even offering a RM30 Sign-Up Bonus** when you register as a new merchant!
Find out more about Maybank QRPayBiz today on this website.
**Terms and conditions apply.
