Local Fintech startup, BruPay has waived all fees across its eWallets during the COVID-19 outbreak in the sultanate.
The move is a bid to assist local businesses to utilise contactless payments for takeaways and deliveries.
“This comprises the removal of withdrawal fees of 1.5 per cent and merchant-to-merchant transaction fees of $0.25 or 0.25 per cent (whichever is higher) from the platform,” BruPay said in a statement.
“Micro, Small and Medium Enterprises (MSMEs) don’t have the luxury of having a credit card machine or means to collect payment online other than bank transfers,” said BruPay CEO, Hj Sophian Dato Seri Setia Dr Hj Mat Suny.
“We at BruPay want to do our part for the local business community by enabling them to receive contactless payments at no extra cost.”
With the rising cases of COVID-19 in the sultanate, there is more demand of the eWallet service as retailers are becoming more conscious of managing cash due to the risk of transmission.
The BruPay CEO added that the decision to waive the charges was made primarily to encourage people to adopt a more hygienic means of making and accepting payment.
“Rather than touching cash notes which may be a vehicle for the coronavirus, anyone can send and receive payments from the comfort of their home during self-isolation.”
“This will lessen the risk of contact with the virus,” he said, adding, “The situation at hand is difficult for most of us and we wish to offer our empathy, support and well wishes to all those affected by the virus during this time.”
Interested merchants can register for a BruPay account through the app, which is available on both Google Play and the App Store.
For more information, customers and merchants can contact the BruPay support team via WhatsApp at +6738771313 or email at email@example.com or firstname.lastname@example.org.
The Bruneian | BANDAR SERI BEGAWAN