Censof Awarded RM13.5 Million Contract To Develop Cashless Payment System For The Government

Censof Holdings which specialises in financial management software solutions has been given the contract by the Accountant General’s Department of Malaysia for the “Perolehan Pembangunan Dan Pelaksanaan Sistem Terimaan Elektronik Kerajaan Persekutuan” or “iPayment” through its wholly-owned subsidiary, Century Software (Malaysia) Sdn Bhd.
The contract, valued at RM13.5 million, involves the development and integration of a collection system by CSM for the AGD. This system is expected to be rolled out to all government agencies to facilitate cashless payments and collections by 2022 for all government services. The contract is for a tenure of 36 months.

“I am pleased that we are making further progress in accelerating Malaysia’s digital transformation through our iPayment software solutions to be deployed by the government agencies. In line with the government’s agenda to migrate its agencies onto a fully integrated electronic payment and collection ecosystem, this marks another important step in achieving that milestone while strengthening Censof’s position as the leading provider of financial management software solutions to improve the efficiency and productivity of the government agencies’ system.

Censof has a strong track record in digital transformation in the government sector and is currently serving to eighty-six government statutory bodies. It has invested and committed in the digital transformation programmes of the government as a preferred technology partner said Ameer Shaik Mydin, group managing director of Censof.

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