TFP Solutions Berhad’s OneCENT platform is gaining traction during the movement control order (MCO) as more entrepreneurs seek to supplement their income during this period.
According to TFP managing director Dato Hussian A.Rahman (pic), the company’s OneCENT platform paves the way for TFP’s ecosystem of entrepreneurs to realise cashless digital lifestyles, while reaping rewards in the form of cash rebates and other incentives.
“We also have plans to pay commission for bill payments made via the OneCENT platform, as well as OTRemit (oversea remittance by foreign workers) referral fees,” he said.
Subscribers could also make cashless purchases at appointed merchants via the OneCENT digital wallet, he added, while there are also plans to introduce an optional prepaid VISA card for users to withdraw cash rebates from various local and overseas banks’ ATMs.
Dato Hussian explained that the OneCENT initiative complements the company’s existing OneCALL mobile fintech product.
TFP had introduced OneCALL last year when it inked a co-branding agreement with Tune Talk to target the “un-banked” population (people without bank accounts) throughout Malaysia.
“From our estimates, some two million Malaysians, representing eight percent of the country’s 24 million adults, do not have any bank account,” he said.
“Hence, we had tailored OneCALL to address this market’s challenges including unique features such as remittance, virtual ATMs, game PINs, lifestyle tools, bill payments together with a B40 entrepreneur programme,” said Dato Hussian.
For specifics on TFP’s OneCENT platform, click on this link.