PayMate, a B2B payment solutions provider, has officially entered into a strategic partnership with De’Xandra – Malaysia’s perfume brand, in a move aimed at revolutionizing B2B payment processes and boosting the growth of Malaysian SMEs.
This collaboration marks PayMate’s entry into the Malaysian market aligning with its mission to drive digital transformation within the SME sector of the region.
De’Xandra will use the PayMate platform to enhance its payables and receivables management, ensuring smooth and reliable transactions across its network of over 6,000 distributors.
This partnership also marks a significant milestone for PayMate as it strengthens its presence in Malaysia’s SME sector, which contributes 38% to the country’s GDP and represents 97% of all businesses.
Amirreza Sawal, General Manager of PayMate Asia Pacific, said, “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.”
Ernayanee Nur, visionary Chairman of Blyon Group Berhad and also Oshien2u SDN BHD, said, “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.”
