BANDAR SERI BEGAWAN — The recently launched e-wallet application by local fintech startup BruPay is geared to accommodate to the needs of millennial entrepreneurs and consumers, its CEO said in an interview. “We see the trend where millennials [prefer to run] pop up stores without having a physical shop… BruPay is a solution that will be very useful for them. It’s not so much the product itself, it is how we make it work for the community,” Sophian Mat Sunny said. He added: “We aim to help businesses who don’t have card terminals or their own physical stores.” He explained that the features of BruPay are merchant-friendly in order to encourage businesses to use the application. It hasĀ a customisable merchant suite which can help businesses track their inventory. “There is an inventory database where our merchants can track the trend of sales,” he said, noting that this will enable to furnish merchants with useful data such as which items are popular. “In the end, the ecosystem is here to help the Bruneian economy… we don’t want to be left behind.” In a recent e-commerece survey, it was found that while most online shoppers in Brunei use credit or debit card … Continue reading Local e-wallet BruPay banks on millennials, merchant-friendly features There will be no transaction fee as it hopes to encourage more Bruneians to use the BruPay e-wallet application
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