CIMB launches Malaysia’s first e-invoice payment terminal

The device also functions as a standalone Point-Of-Sale (POS) system.

CIMB Bank Berhad, in collaboration with Payments Network Malaysia Sdn Bhd (PayNet), introduced Malaysia's first payment terminal with automated e-invoice capability.

The terminal is designed to simplify invoicing processes and ensure compliance with the Inland Revenue Board’s (LHDN) e-invoice mandate, targeting businesses, including small and medium enterprises (SMEs).

Currently being piloted with select merchants, CIMB plans a full rollout of the terminal by the second quarter of 2025.

The system fully automates invoicing from creation to instant delivery, reducing administrative tasks and enhancing operational efficiency.

The device also functions as a standalone Point-Of-Sale (POS) system or integrates with existing POS setups via Application Programming Interface (API).

Additional features include itemised billing for improved transparency and real-time voice alerts for card and QR code transactions, enhancing both security and convenience.

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CIMB Group

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