Who’s Behind The Brew?

The Professional Coffee Connoisseur Division, a subdivision of The Malaysian Food and Beverages Executive Association, aims to elevate the local coffee industry. From supporting coffee growers to promoting distinctive Malaysian brands and flavors, this organization is the backbone of the industry. Their commitment to bridging the skill gap and nurturing new talents aligns perfectly with our mission at Edxapay to offer affordable, efficient payment solutions.

Why We’re Excited

This isn’t just another trade show; it’s a four-day powerhouse event that brings together industry leaders, coffee connoisseurs, and emerging startups. As the official POS sponsor, we’re keen to introduce our innovative payment solutions designed to streamline your coffee business operations. Whether you’re a coffee grower, a roaster, or own a café, we’ve got something for you.

What’s Brewing at Our Booth?

You’ll find us at Hall 8, Level 4, where we’ll be showcasing our range of services. From cutting-edge POS systems to online payment gateways, we’re here to accelerate your business into the future. Don’t miss this chance to upgrade your transactions and understand how technology can propel your coffee business.

Come Sip and See!

Come share a cup of joe with us and explore synergies. This is the perfect venue to network with industry leaders, learn from the experts, and explore business opportunities.

Don’t miss out on this brew-tastic opportunity. See you there!

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Petaling Jaya – Insiden yang berlaku semalam apabila seorang peniaga durian mencari pelanggannya yang tersilap melakukan pembayaran untuk durian yang dibeli. Kejadian ini telah menarik perhatian netizen apabila peniaga itu berkongsi cerita ini di sebuah kumpulan Facebook.

Kronologi Kejadian

Menurut perkongsian di Facebook, pelanggan tersebut membeli durian dengan nilai RM156 tetapi hanya memindahkan RM1.56 melalui transaksi dalam talian. Peniaga itu juga turut menyertakan bukti transaksi sebagai hujah. Dia menulis, “Tadi pukul 6.23 petang ada seorang pelanggan bawa kereta warna merah, datang beli durian berjumlah RM156, tetapi hanya ‘transfer’ RM1.56. Kak boleh WhatsApp kita untuk bayar baki.”

Reaksi Netizen

Perkongsian ini telah mendapat lebih dari 500 tanda suka dan lebih 100 komen. Ramai netizen menasihati peniaga itu supaya selalu menyemak jumlah bayaran yang dibuat pelanggan sebelum menyerahkan barangan.

Nenek Kebayan menasihati, “Kalau amaun besar begini, minta pelanggan hantar slip melalui WhatsApp sebelum pergi. Dah ramai kena begini. Semoga dpermudah urusan boss durian.”

Erna berkongsi pengalaman serupa, “Saya pun pernah kena. Transfer RM3.50 sebenarnya jumlah buah saya dia beli RM35.00.”

Zack pula berkata, “Saya pernah tersilap lupa nak tekan 00. Nak transfer RM320 jadi RM32 je. Harap yang ini pun tersilap. Bila sedar transferlah semula.”

Pelajaran yang Boleh Dipetik

Insiden ini menggariskan keperluan untuk peniaga dan pelanggan sama-sama berhati-hati dalam urusan transaksi kewangan dalam talian. Kesilapan kecil boleh membawa kepada masalah yang lebih besar, dan selalu lebih baik untuk berwaspada.

Maka, mari kita ambil iktibar dari kejadian ini untuk selalu berhati-hati dalam urusan kewangan kita, terutama dalam era digital ini yang semakin memudahkan transaksi namun juga memperbesar potensi kesilapan.

Sumber: https://www.kosmo.com.my/2023/09/10/beli-durian-rm156-bayar-rm1-56

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Expanding the Regional Payment Connectivity (RPC) Initiative

The Regional Payment Connectivity (RPC) initiative aims to simplify and streamline cross-border payments. Bank Negara Malaysia (BNM) and the State Bank of Vietnam (SBV) recently signed a Memorandum of Understanding on the Cooperation in Regional Payment Connectivity (MOU RPC) to strengthen this endeavor. The Philippines’ central bank joined the MOU RPC last year. All these efforts mean one thing: easier, cheaper, and faster transactions across borders.

What This Means for DuitNow QR Users

The addition of Vietnam and the Philippines to the RPC is a significant milestone, not just for these countries but also for DuitNow QR users. Once implemented, Malaysians can use DuitNow QR for payments in Vietnam and the Philippines, essentially offering a seamless payment experience. On the flip side, citizens of these two countries will be able to use their respective QR payment service providers while in Malaysia, similar to how it works for Singaporeans, Thais, and Indonesians.

Why This Matters

Think of the ease this would bring to both individual travelers and businesses that operate across these countries. This development falls perfectly in line with RPC’s goal to make inter-country payments more seamless, convenient, and affordable. With SBV’s inclusion, the initiative now comprises six ASEAN Central Banks, taking a significant step toward regional financial inclusivity.

Conclusion

The expansion of DuitNow QR to include Vietnam and the Philippines is not just a technological advance; it’s a monumental leap toward a unified ASEAN digital economy. So the next time you find yourself booking a flight to Hanoi or Manila, remember, your DuitNow QR app is about to become your new best travel buddy.

Source: https://technave.com/gadget/Malaysians-ca

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The Arrests

The suspects were apprehended during an anti-scam operation conducted by the Singaporean police between August 14 and 25. The group included seven men and four women, aged 17 to 25. Additionally, two other women and another teenager are currently assisting with the investigation.

The Scheme

According to preliminary reports, the individuals are accused of facilitating scams by providing access to their bank accounts, internet banking credentials, and even their Singpass details for financial gain. This marks a concerning trend where malware attacks on Android devices have been on the rise since January of this year.

Modus Operandi

Victims reportedly fell into the scam trap after responding to ads on social media platforms. They were then coerced into downloading malicious Android Package Kits from non-official app stores. Once downloaded, scammers were able to convince victims to enable accessibility features on their Android phones, giving the scammers complete control over the device. The result? Unauthorized transactions from the victims’ bank accounts, even when no credentials were shared.

Masking the Crime

To further cover their tracks, the scammers could delete SMS and email notifications of bank transfers, making it harder for victims to detect the fraudulent activity.

Police Advisory

The police have issued a warning against clicking on suspicious links, scanning unknown QR codes, or downloading apps from third-party websites. Official app stores are strongly recommended, and users should be cautious when sharing personal information like Singpass and banking credentials.

Previous Cases and Ongoing Investigations

Earlier in August and June, similar arrests were made, with victims losing more than S$221,000 (approximately US$164,000), including more than S$114,000 in CPF savings. Investigations are still ongoing.

Legal Repercussions

Convicts face harsh penalties, ranging from up to 10 years in jail and fines of up to S$500,000. Lesser charges include three years of imprisonment and a fine under the Penal Code, while others may also face charges under the Computer Misuse Act.

Conclusion

This case serves as a stern reminder of the risks associated with cybercrime, particularly targeting banking apps and sensitive personal information. Always adhere to safety guidelines and be cautious when dealing with offers or requests online.

Source: https://www.channelnewsasia.com/singapore/android-banking-malware-scams-teenagers-13-arrested-singpass-3726446

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Driving Tourism and Economic Growth

Leong Yu Man, the chairman of the Pahang Unity, Tourism and Culture Committee, asserts that this cashless initiative will not only boost tourism but also foster economic growth. This move is designed to bridge the digital divide between rural and urban residents, making technological advancements accessible to all.

Why Cashless is More

According to Leong, the convenience of using digital payments like DuitNow will specifically enhance the tourism experience at Taman Negara, a renowned national park. With boat operators and traders in the region already adopting digital payment methods, the initiative promises a smoother, more efficient experience for both tourists and locals.

Agrobank and Tourism Pahang Join Forces

This forward-thinking initiative is a collaborative effort between Agrobank and Tourism Pahang. The partnership aims to expand the use of cashless services in a manner that benefits not just tourists but also the local community, potentially driving better sales for local businesses.

What This Means for Pahang

The state government is deeply committed to driving digital transformation across all levels of society and industry. By implementing cashless solutions in tourism hubs like Hulu Tembeling, they are setting the stage for a more inclusive and convenient future.

Conclusion

The cashless village initiative in Hulu Tembeling marks an exciting chapter in the evolution of tourism in Pahang and Malaysia as a whole. By incorporating digital payments into the tourism infrastructure, the state is paving the way for a more efficient, inclusive, and modern travel experience.

So the next time you plan a trip to Taman Negara, you won’t just be exploring nature; you’ll also be part of a digital revolution!

Source: https://www.thesundaily.my/local/cashless-village-initiative-will-boost-tourism-activities-in-pahang-exco-HF11415266

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The Trailblazing Meeting

The meeting was chaired by Bounleua Sinxayvoravong, Governor of the Bank of Lao PDR, and Mrs. Chea Serey, Governor of the National Bank of Cambodia. The agenda was broad and covered crucial topics such as macroeconomics, monetary policy, and banking sector development. The focus, however, was squarely on digital connectivity between the payment systems of both nations.

The Lao-Cambodia QR Code Payment System

The highlight of the meeting was the introduction of the Lao-Cambodia cross-border payment system, known as KHQR scan LAOQR. This system allows users in both countries to pay for goods and services using their local currencies—Lao kip and Khmer riel—via QR codes.

The MoU and Facilitating Entities

This new payment avenue is the result of a Memorandum of Understanding (MoU) signed in 2022 in Phnom Penh, Cambodia. The initiative aims to foster cooperation in financial innovation and digital payment systems and is facilitated by LAPNet Company and ACLEDA Bank of Cambodia.

Participating Banks

The KHQR scan LAOQR system will be accessible through eight commercial banks in Laos, including BCEL, ACLEDA Bank Lao, Kbank Lao, BIC, APB, LVB, Indochina, and JDB. This rollout means that Cambodian tourists in Laos can make QR code payments at stores that display the logo of one of these banks. A counterpart system for Lao tourists in Cambodia is set to launch in Q4 2023.

A Step Toward International Standards

Both countries have agreed to implement a QR code payment system that adheres to international standards. The move is expected to encourage digital payments regionally and promote the use of local currencies for cross-border transactions.

Conclusion

The launch of this cross-border payment system signifies a significant step in modernizing the financial ecosystems of Cambodia and Laos. By easing the payment processes for both locals and tourists, the new system promises to be a game-changer for the region.

A more digitally integrated future awaits, and this initiative has set the pace for it.

Source: https://www.thestar.com.my/aseanplus/aseanplus-news/2023/08/27/cambodia-and-laos-launch-cross-border-qr-code-payment-system

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New Payment Flexibility

Chua Lay Hoon, the COO of IJM Toll Division, stated that the new system would align with the government’s ongoing efforts to improve highway user experience. With SPT, highway users can now pay tolls using not just existing methods like Touch ‘n Go, SmartTag, and RFID, but also debit and credit cards, as well as prepaid cards.

How to Spot the SPT Lanes

To facilitate a smooth transition, lanes that are equipped with the new SPT system are clearly marked. Distinctive signs at toll booths will guide motorists towards these lanes.

Important Reminder for Motorists

While this seems like a step forward, users should note that they need to ensure sufficient balance in their credit cards before making toll payments. In case of a transaction hiccup, the system allows for quick switchover to alternative bank cards or the ever-reliable Touch ‘n Go card.

Conclusion

IJM Toll Division believes that the SPT system will not only make toll payments more convenient for highway users but also streamline the toll collection process. While this is a pilot phase, its success could mark a significant advancement in the Malaysian toll collection system.

So, next time you’re on the Besraya or NPE highways, don’t forget to look out for these new SPT lanes and give them a try.

Happy driving!

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Speaking at the Sabah Chinese Economic Conference on August 23rd, Hajiji emphasized the importance of technology and innovation in boosting productivity. What makes this even more significant is the all-encompassing approach that Sabah’s government is adopting, with artificial intelligence (AI) being highlighted as a game-changing factor.

As technology advances, so does the expectation for businesses to leverage it. Hajiji warns, however, that embracing technology isn’t just an opportunity; it’s a necessity. “Digital experience makes all the difference,” he noted, cautioning that businesses failing to invest in digital technologies would not stay competitive.

The numbers back him up, with projections suggesting that by 2025, the digital economy will contribute to an impressive 22.6% of Malaysia’s GDP and create half a million jobs.

But what sets Sabah’s approach apart is not just the focus on technological advancements. It’s the balanced view of integrating technology with human capital empowerment. The vision of competency, innovation, resilience, and integrity in human resources is commendable.

The state government is backing this vision with concrete steps. Sabah Economic Development and Investment Authority (Sedia) recently organized a Drone Seminar to explore the potential impact of drones on the state’s economy. With an eye on the Industrial Revolution 4.0, there’s a push towards Technical and Vocational Education Training (TVET) and the expansion of the Internet of Things (IoT).

What’s clear from this development is that Sabah isn’t simply jumping on the digital bandwagon. It’s creating a roadmap that encompasses technology, people, and innovation.

“Collaboration with industry on skills training needs to be improved to enhance the capacity and marketability of our human capital,” Hajiji said. This statement reflects the forward-thinking approach that intertwines technology with human potential.

As the world rapidly shifts towards a new digital era, Sabah’s clear commitment to embracing both technology and human development positions it as a leader in this journey.

The message from the top is clear: To be competitive, creativity and pro-activity are crucial, and Sabah seems ready to lead by example. The question that remains is how other states will respond to this challenge.

Source: https://www.thestar.com.my/news/nation/2023/08/23/sabah-ramping-up-digitalisation-efforts-to-maximise-digital-economy-potential

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Malaysia is quickly becoming a cashless society, with more and more people turning to digital payment methods for their everyday transactions. According to a recent study by Visa, 92% of Malaysians have used credit or debit card payment, and 76% have attempted to go cashless. With the increase in adoption of cashless payment methods, it is no surprise that 67% of Malaysians are confident to go cashless for a few days.

The study also revealed that 95% of Malaysians are aware of contactless payment and 90% are interested in using it. Contactless payment is gaining popularity, with more than 7 in 10 transactions being made using this method. The top 5 categories that Malaysians prefer to go cashless for are bill payment, public transport, taxis and ride-sharing, supermarkets, and petrol stations.

The convenience and ease of contactless payment make it a preferred payment method for many Malaysians. The top 5 categories for contactless payment include supermarkets, fast food restaurants, restaurants, automated fuel dispensers, and service stations. The reasons why contactless payment is preferred are varied, with 72% citing convenience, 53% saying it is widely accepted, and 47% considering it a more secure way to pay.

The rise of a cashless society in Malaysia has many benefits, including increased efficiency, lower transaction costs, and improved security. With the increasing popularity of digital payment methods, businesses can improve their payment processes and provide a more seamless customer experience. This trend also has the potential to reduce the amount of cash in circulation, reducing the risk of theft and fraud.

However, it is important to note that not everyone has access to digital payment methods, and some may prefer to use cash. As such, it is crucial to ensure that there is still a cash option available for those who need it.

In conclusion, the rise of a cashless society in Malaysia is a positive trend that has many benefits for individuals and businesses alike. The convenience, efficiency, and security of digital payment methods make them a preferred choice for many Malaysians. However, it is important to ensure that cash remains an option for those who need it.

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Secara amnya, Gerbang Pembayaran memberi penyelesaian untuk menjadikan proses pembayaran lebih mudah dan efisien.

Antara kelebihan gerbang pembayaran termasuk:

Proses transaksi pembelian lebih mudah dan cepat

Gerbang pembayaran memudahkan pelanggan anda untuk membeli produk yang mereka inginkan dengan mudah dan cepat. Proses transaksi akan dilaksanakan secara automatik serta memberi pelbagai kaedah pilihan untuk pembayaran secara atas talian sama ada melalui kaedah kad debit/kredit, pindahan bank atau e-walet. Tanpa mengaplikasikan gerbang pembayaran ini, semua butiran transaksi dan semakan mesti dilakukan secara manual oleh peniaga.

Urusan urusniaga yang lebih selamat

Gerbang bayaran memberi keselamatan terhadap data pelanggan anda kerana ia dilindungi oleh lapisan penyulitan dan memastikan bahawa pembayaran adalah sah sebelum mencapai ke institusi perbankan/kewangan. Proses ini mengesahkan bahawa data peribadi pelanggan, seperti butiran dan alamat kad kredit, disimpan dengan selamat dan dilindungi daripada penipuan. Tiada keraguan untuk pelanggan melakukan urusan jual beli dengan anda.

Menerima Pembayaran secara 24 jam di mana jua berada

Gerbang pembayaran memboleh pelanggan anda melalukan pembayaran dari atas talian secara 24 Jam, 7 hari seminggu tidak kira di mana mereka berada. Berbanding jika anda menggunakan proses pembayaran secara manual, pelanggan perlu menunggu peniaga untuk kongsikan butiran secara manual sebelum meneruskan proses pembayaran.

Kesimpulannya, dengan adanya gerbang pembayaran, ia sedikit sebanyak akan dapat memudahkan urusan pelangan  anda, serta tingkatkan penjualan perniagaan anda.

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