PETALING JAYA: OCBC Bank (M) Bhd has won Singapore Business Review’s Digital Banking Award at the Malaysia Technology Excellence Award 2022.
The award was presented for its role in helping small and medium enterprises continue to collect payment using innovative solutions that come with OCBC OneCollect, despite the challenges posed by the Covid-19 pandemic.
In a statement, OCBC said the bank was recognised for meeting “seemingly insurmountable digital implementation challenges” in logistics and last-mile delivery through its popular OCBC OneCollect, which allows payment collection with QR codes for local and cross border transactions.
Businesses use PayNow QR (Singapore) and DuitNow QR (Malaysia) as a digital merchant solution, encompassing both mobile and web portal options. — Bernama