Online marketplace 11street formed a partnership with MOLPay to accept offline payment and has since received more than 10,000 orders using MOLPay Cash @7-Eleven as the preferred payment method.
With MOLPay Cash @ 7-Eleven, consumers can pay cash at the nearest 7-Eleven outlet for items they buy online. When checking out, they can choose to pay at participating merchant websites and the website will generate transaction and verification codes for them to pay cash at the nearest 7-Eleven outlet. MOLPay is integrated with 7-Eleven’s point of sale systems and will notify the merchant in real-time when payment has been made.
“We live in a time where user-friendly alternatives drive our payment decision and our collaboration with MOLPay and 7-Eleven embodies this,” said Chuljin Yoon, chief operating officer, 11street. “This partnership marks our strategic move to provide new payment methods to support the growing number of transactions we receive per day.”
“We believe by partnering with MOLPay, we stay on point with the ever-changing business landscape while providing our consumers with an avenue to process their transactions at any of our 7-Eleven stores nearest to them, 24-7,” said Hishammudin Hasan, deputy chief executive officer, 7-Eleven Malaysia Holdings Bhd.