KUALA LUMPUR: MBP Solutions Sdn Bhd, a subsidiary of TFP Solutions Bhd (TSB), is launching the OneCALL mobile financial technology (fintech) product in Malaysia.
The product is targeted at the bottom 40 per cent of household income earners (B40) and the underserved community.
Unlike most mobile operators, OneCALL mobile fintech helps to empower its users with an everyday lifestyle and the ability to generate passive income from its value-added products.
TSB group executive director Puteri Munawarah Syammiyah Munir said the OneCALL mobile fintech solution is curated to help the B40 community and the underserved segment to have easy access to some of the financial services, especially during the lockdown period.
"It was designed to bring together all our communications and essential financial technology services into a single platform or app," she said in a statement today.
The fintech solutions offered will include a built-in and approved co-branded e-Wallet powered by MobilityOne eM-ONEi, which helps users to make prepaid top-up purchases conveniently, data plan top-up and other payment services such as household bills.
On top of that, the eWallet can be used as a salary account and receive passive income from promoting our value-added products.
There is also the remittance feature that allows foreign workers including housemaids to easily send money back to their families in their home countries.
According to her, the community within the B40 group, the rural population, petty traders and the growing population within the gig economy are amongst the worst-hit population from the recent lockdown imposed to contain the spread of Covid-19 infections.
"Our OneCALL mobile fintech will undoubtedly give them some hope," she said.
TSB also aims to empower users to move towards digital entrepreneurship by leveraging on the 'Usahawan Digital Training Program' in order to generate an alternative income source, where users can benefit from promoting the company's value-added products to fellow users and merchants.
"The key difference is that we empower our users, B40/underprivileged population, to move towards digitalisation for alternative sources of income.
"We offer a range of fintech solutions to our subscribers and merchants, including OneMALL, which is an online marketplace, order and delivery platform, SmartHR & Payroll, which is a centralised employee app, remittance services and cashless terminals such as N6," Munawarah said.
The ability to consolidate their bill payments with the OneCALL Settle All app, which has a built-in e-Wallet to make bill payments without going out, is an important consideration to curtail the rise in Covid-19 cases.
The consolidation of the payment into a single app also makes it easier to use for users who are not familiar with online payment systems.
On top of that, users could also donate to Yayasan Dakwah Islamiah Malaysia (YADIM) via the company's OneCALL Settle All app.
The remittance feature allows foreign workers who subscribe to the company's OneCALL Mobile fintech solution to use the remittances services via the OneTransfer Remittance (OTR).
This is important as most foreign workers have difficulty sending money back to their families back home amidst the Covid-19 pandemic.
It is vital given that international travel is not allowed at the moment, hence it would be helpful for foreign workers who need to send money back home in cases of an emergency.
All of these services and connectivity to the internet will be available for users at an affordable price, with the monthly plan starting from as low as RM10 per month.