BSN Teams up With Sarawak Pay to Serve Rural Communities in Sarawakby Fintech News Malaysia July 23, 2019
Bank Simpanan Nasional announced today its collaboration with Sarawak Multimedia Authority during the launch of Sarawak Pay, an e-wallet application geared towards serving the rural communities within Sarawak.
The state government received Bank Negara Malaysia’s approval to roll-out its e-wallet payment services in 2017.
Through this collaboration, Sarawakians will be able to top up their Sarawak Pay e-wallet at any of Bank Simpanan Nasional’s 424 agent banks across the state. This partnership will also enable the users to withdraw money through the agent banks as well.
BSN’s agent banking network typically consist of neighbourhood shops equipped BSN’s terminals which enables customers to perform basic financial services in lieu of bank branch.
The application will be further enhanced in the next phase with more services such as micro-financing, welfare aid and many more.
The launch of Sarawak Pay according to Sarawak Multimedia Authority, is in line with its Sarawak Digital Economy Strategy 2018-2025, which is to create a tool to deepen access to financial services.
Commenting on the collaboration Chief Executive of BSN, Datuk Yunos Abd Ghani says,
“At BSN, it is our mission to rope everyone in our initiatives aligned with our vision – ‘No Malaysian Left Behind’. We are always committed to provide an easily accessible integrated platform of financial services for our customers. This is not only part of our mandated roles but also our concerted effort to ensure that financial inclusion is strengthened among Malaysians. We are committed to champion our brand promise in providing every Malaysian an equal opportunity to enjoy a better life as well as continue uplifting the economic well-being of Malaysians,”
Image Credit: Sarawak Pay