“Ensuring that everyone has access to digital banking services is central to our mission and allowing cash to be seamlessly transferred to a BigPay account is a big step in that direction,” said Salim Dhanani, Co-Founder of BigPay.
“7-Eleven has more locations than most banks have branches in Malaysia. This gives BigPay a unique advantage when it comes to providing financial services across the country.”
“We aim to provide all consumers access to mainstream financial products usually only offered by retail banks, but at much lower costs and with unprecedented efficiency. We want to remove physical and monetary barriers preventing people from better managing and using their finances. Our successes to date provide a robust foundation for us to solidify our footprint in new markets and product lines in the year ahead,” added Salim.
Launched in 2018, BigPay has grown to become one of Malaysia’s largest digital financial platforms by gross transaction value, with over 1.3 million users in the country. BigPay enables its users to easily open an account from their mobile phones and make payments at any local or international merchant. They can also make free and instant money transfers to friends, split bills, manage expenses and track their spending – all via one integrated app which can be downloaded for free via Google Play and Apple’s App Store.