A company in Brunei has launched a new, locally focused and zero-fee mobile payment tool.
BruPay which is similar to Grab Wallet or Fave out of Malaysia will only service local payments, leaving cross-border transactions to others. The app is both merchant and consumer friendly, offering solutions for businesses who don’t have card terminals to give more payment options.
Direct deposit can be arranged for free, however the only fees charged are on money withdrawals from the BruPay wallet.
Local e-wallet BruPay banks on millennials, merchant-friendly features