Maybank has introduced M2U Pay Snap&Sell, an innovative mobile application that enables individuals to sell their products anywhere and at any time on social media platforms.
According to Maybank, the app combines the simplicity of smartphone photography with the convenience of personal online commerce, using a secured online transaction service.
The seller only needs to snap a photo of the item for sale, share it on Facebook or Twitter, and the buyer will be able to close the purchase transaction through M2U Pay.
“M2U Pay Snap&Sell offers the convenience of sale management to the seller. It features push notification of sale transaction details such as date and time, the buyer’s name, email and payment amount,” Maybank said in a press statement.
“To the buyer, the shopping experience is enhanced as payment is made directly to the individual retailer’s account through M2U. This removes the need to remember retailer’s account number or send proof of payment receipts as sellers are notified in real-time basis of any purchases made,” it added.
Maybank head of virtual banking, Mohd Suhail Amar Suresh Abdullah, said the app was part of Maybank’s drive towards mobility in e-payments.
“M2U Pay Snap&Sell is aimed at facilitating online transactions amongst individuals and small businesses as part of Maybank’s commitment to offer banking convenience to all segments,” he explained.
Suhail added that given the increasing trend of individuals selling goods online in Malaysia, facilitating such payments would benefit customers and support economic growth in the country.
M2U Pay Snap&Sell is available on App Store and Google Play.
