Kuala Lumpur, Malaysia – PayMate, a business-to-business (B2B) payment solutions provider, has forged a strategic partnership with De’Xandra, a Malaysian perfume brand. The partnership aims to transform B2B payment processes and boost the growth of Malaysian small and medium-sized enterprises (SMEs).
De’Xandra will use PayMate’s platform to streamline its payment management. It will allow the perfume brand to collect payments from its over 6000 distributors while ensuring timely and reliable payments to its suppliers.
The partnership also contributes to PayMate as it strengthens its presence in Malaysia’s SME sector.
PayMate’s platform allows SMEs in Malaysia to use commercial cards with an interest-free period of up to 55 days. This offer makes their B2B payments efficient and secure, eliminating operational difficulties.
“At PayMate, we believe that the backbone of Malaysia’s economy lies in its SMEs, and our mission is to empower these businesses with the tools they need to thrive. We are here to support every small business in Malaysia providing them with innovative payment solutions so that they may overcome working capital challenges, grow confidently and drive the nation’s prosperity,” Amirreza Sawal, general manager of PayMate Asia Pacific, said.
Ernayanee Nur, chairman of Blyon Group Berhad and Oshien2u SDN BHD, commented, “Collaborating with PayMate marks a new era for De’Xandra. With their payment solutions and support for accessing crucial capital, we are confident that our operational efficiency will significantly improve enabling us to better serve our customers and expand our footprint across Malaysia.”
