48 SMART: CIMB Plug n Pay
+Smartan Dad

Wednesday, 16 July 2014

CIMB Plug n Pay

Plug n Pay by CIMB Bank is the first ever chip-based mobile point-of-sale (mPOS) solution in Malaysia that offers all businesses an affordable yet secure way to manage electronic payments using smartphones and tablets. Plug n Pay transforms mobile devices into tools of commerce that allow consumers to pay and businesses to receive payments.

The Plug n Pay solution requires Plug n Pay mobile app installed on the smartphone/tablet, the Plug n Pay card reader and data connection. The mobile app is available to download for free on Google Play Store for Android and App Store for iOS. The Plug n Pay card reader that costs RM 250 each is able to accept chip or signature-based credit and debit cards that are either branded Mastercard or Visa.

Businesses are able to send receipts electronically to their customers via email and/or SMS text. Collected funds are available the next business day and are reflected directly in businesses' CIMB Bank current accounts. The Plug n Pay solution  offers its users a comprehensive web-based portal to manage electronic payments whereby real-time transactions can be viewed and location of the transaction can be tracked using the geo-location feature.

Interested in applying for Plug n Pay? You can contact CIMB Merchant Hotline at 03-62047733 or email emerchant@cimb.com to understand more.

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