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!

The post Your Official POS Solution Sponsor at Selangor International Coffee Week 2023 appeared first on Edxapay.

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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Extra Fee for MYR Transactions Overseas

First off, BigPay has introduced an extra 0.5% fee for transactions made outside Malaysia but charged in Malaysian Ringgit (MYR). This is on top of any other fees imposed by the payment network, which often rounds up to a total of around 1.5%. This isn’t just limited to physical payments; it extends to online transactions as well.

Say Hello to Reload Fees

If you often reload your BigPay card via a credit card, here’s something you need to know: BigPay will now charge a 1% fee for Malaysian-issued credit cards and a 3% fee for non-Malaysian-issued ones, no matter how much you top-up. Previously, you could reload up to RM1,000 per month without any additional charges; those days are gone.

The Best Way to Top-Up Now

Given these changes, BigPay suggests using DuitNow to reload your card for free. Simply use your preferred banking app, select DuitNow Transfer, and then choose BigPay. Enter your DuitNow Account number for your BigPay card, and you’re good to go.

Cross-Border Payments Still a Win

On a brighter note, if you’re heading to Singapore, Thailand, or Indonesia, you can make QR payments with zero extra fees, thanks to DuitNow QR’s cross-border payment feature.

What Should You Do?

1. Go Local: BigPay advises paying in the local currency for better rates when you’re abroad.
2. Use DuitNow: For reloads, move away from credit cards and opt for DuitNow to avoid fees.
3. Watch the Limits: Remember, the maximum wallet size remains at RM20,000, but monthly reloads are capped at RM10,000.

Conclusion

While these changes make BigPay slightly less attractive for those who reload via credit cards or make transactions in MYR overseas, there are ways to maneuver around these costs. The key takeaway? Plan your transactions wisely.

Source: https://soyacincau.com/2023/08/10/bigpay-to-

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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!

The post Open Toll Payment System Pilot Test Starts on Besraya and NPE appeared first on Edxapay.

In the wake of rising data breaches and cyber threats in Malaysia, TNG Digital is collaborating with the Malaysia Digital Economy Corporation (MDEC) to offer an innovative data protection service for Touch ‘n Go eWallet users. Called MyCyberShield, this service is a part of TNG’s #JagaDataKita campaign aimed at empowering Malaysians to live a secure digital lifestyle.

The Alarm Bells Are Ringing

According to Alan Ni, the CEO of TNG Digital, the data of an astonishing 22.5 million Malaysians, including critical details like full names, IDs, and home addresses, is up for sale on the dark web. With numbers like these, there’s a pressing need for robust data protection solutions, making campaigns like #JagaDataKita not just necessary but urgent.

What is MyCyberShield?

Supported by MDEC and powered by F-Secure, MyCyberShield focuses on critical aspects of online safety. It aims to raise awareness about data protection and data breach, increase understanding of cyber threats and scams, and encourage good cyber hygiene practices.

Timo Laaksonen, the President and CEO of F-Secure, elaborates that the first phase of MyCyberShield offers Identity Protection with the Cyber Help feature. This feature allows subscribers to safeguard multiple identities such as email addresses, credit cards, phones, MyKad, and usernames. If any breaches occur, subscribers will be notified and will also receive tips and recommended actions based on the severity of the data breaches.

The Future of MyCyberShield

Laaksonen further mentioned that the second phase will include more robust cybersecurity defenses and explore the potential of product bundling with TNG Digital Financial Services, such as Wallet Safe and other relevant insurance products.

Special Promo Alert!

From August 25 to September 30, 2023, MyCyberShield will be offered at a special rate of just RM9.99 for a three-month subscription. Users will also enjoy an RM3 cashback credited back to their eWallets. The Cyber Help feature provides personalized assistance, enabling subscribers to reach out to F-Secure for expert guidance in case of any identity theft incidents.

Conclusion

As our lives become increasingly digital, the need for robust data protection solutions like MyCyberShield has never been more critical. With collaborations like the one between TNG Digital and MDEC, it seems Malaysians are taking a step in the right direction to secure their online lives.

If you’re looking to fortify your data protection game, MyCyberShield may just be the safety net you need.

Source : https://soyacincau.com/2023/08/26/touch-n-go-ewallet-offers-mycybershield-personal-data-protection-service-rm9-99-for-three-months/

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What Makes DuitNow Soundbox Unique?

1. Instant Audio Notification : No more checking your app manually. Get an instant sound notification whenever a payment is successful.
2. Versatile and Compatible : Our Soundbox supports any payment platform utilizing DuitNow QR, offering you flexibility.
3. Affordable and Value-packed : Priced at just RM199 for the standalone unit, without SIM card data. No hidden transaction or monthly fees. WiFi usage is also available.
4. Quick and Easy Setup : Just connect it to your existing system, and you’re ready to go.
5. Verified and Secure : All transactions are verified by our trusted service provider and transferred to the merchant’s account within 2 days.
6. Accessible and Traceable : Track all transactions and payments via an app, making your life simpler and more efficient.

Unlike other options in the market, our Soundbox not only notifies you of successful transactions but also provides an all-in-one solution tailored for your business needs.

Why Choose DuitNow Soundbox?

• Stay Informed without Hassle: No more fumbling with your device to confirm payments. Hear it right away!
• Build Trust with Customers: Show your customers that their payments are processed securely and promptly.
• Affordable Investment: With no hidden costs or subscriptions, it’s a small investment for big returns.

Don’t miss out on this opportunity to elevate your Point-of-Sale experience. Act now! Limited units are available.

You can purchase it via 2 options

1. Online Store edxaPay
2. WhatsApp

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