BigPay has linked its app to Bank Rakyat’s BRICK platform, giving users a new way to access information and apply for Shariah-compliant personal financing.
Users who select the financing option in the BigPay app are directed to Bank Rakyat’s BRICK virtual banking platform, where they can view details of the product and submit their applications.
Vijayanathan Sockanathan, Chief Operating Officer of BigPay, said,
“This partnership reinforces BigPay’s mission to help Malaysians gain access to Islamic financing and make smarter and more informed financial decisions.
Together with Bank Rakyat, we are giving financing greater transparency and accessibility directly through the BigPay app.”
Eligible customers can apply for Bank Rakyat’s Personal Financing-i InstaCash of up to RM50,000, with financing rates starting from 7.60 percent per annum.
While the product is targeted at active BigPay users, it is also open to other Malaysians, with new customers able to download the BigPay app to access the BRICK platform.
