BerryPay is a fintech company focusing on identifying and serving the needs of unbanked populations of foreign workers in Malaysia.
BerryPay espouses Financial Inclusion and caters for population sectors that are neglected by the banking industry (the unbanked, unserved or underserved), with the flexibility to capture other markets. This is achieved by bridging them through a unique e-banking system of virtual bank accounts to other banked and non-banked recipients and vice-versa.
This capability enables BerryPay to be integrated into the core banking system of our partner banks, thus resulting in cheaper customer acquisition cost enabling convensional banks to be digitise with minimal capex.
01 Our Expertise
02 Why Choose Us
✧ Connected to more than 13,000 bank branches in Indonesia
✧ Aggregated with user-base of over 3,000,000 people, with B2B mode (co-operatives and microfinance organizations)
✧ Integrated with partner banks eg Bank Rakyat Indonesia (BRI), Permata Bank, Bank Islam Malaysia Berhad (BIMB)
✧ Connected to 91 banks and integrated with more than 77,000 ATM in Indonesia
✧ Connected to FPX in Malaysia
✧ Connected to NETS in Singapore
✧ Approved Stored Value Facility provider in Singapore
✧ Connected with local banks in Malaysia, Singapore and Indonesia
✧ Able to provide transaction and multi currency settlement
✧ Payment via BerryPay Mobile Application
✧ Payment via Online Processing Exchange (B2C or B2B - Business to Business)
✧ Payment via a dedicated payment mobile application
✧ Customized Solution
✧ Dashboard & Reporting
BerryPay's differentiator lies in its Virtual Account and Switching capabilities. BerryPay enables banked users to transfer funds to unbanked and underserved citizens, by “bridging” them through the use of pseudo-banking functionalities, without needing both users to visit brick and mortar bank branches. They no longer have to face the hassle of travelling, saving both time and cost. Enterprises and co-operatives enjoys benefits of auto-deductions configured to their existing members, as they will have their own core cash management system suite. The combination of two main features in BerryPay, “EVA” and “SANDRA”, provides a compelling solution to the system.
05 BerryPay e-KYC
This removes the need for customers to visit your office or branch for a face-to-face identity verification. This is helpful not only when acquiring new customers, but also whenever it is necessary to verify a customer’s identity at the time of facilitating a transaction.
BerryPay espouses Financial Inclusion and caters for population sectors that are neglected by the banking industry (the unbanked, unserved or undeserved), with the flexibility to capture other markets. This is achieved by bridging them through a unique e-banking system of virtual bank accounts to other banked and non-banked recipients and vice-versa
F-3-6, Block F Centrus
CBD Perdana 3, Jalan Perdana, 63000 Cyberjaya
Selangor Darul Ehsan, Malaysia
(+603) 8685 5179
(+603) 8685 5180
MENARA TOKIO MARINE
189, Jln Tun Razak,
50400 Kuala Lumpur
Wilayah Persekutuan Kuala Lumpur, Malaysia
(+603) 2059 6188