The Malaysian-owned payment service provider, Axai Digital Sdn Bhd (“Axaipay”) has inked a tripartite Memorandum of Collaboration (“MoC”) with Huawei Technologies (Malaysia) Sdn Bhd (“Huawei”) and Duogo Sdn Bhd (“Duogo”), to formalize the collaboration to develop cloud-based digital transformation solution for franchise in the country.
The signing was witnessed by the Malaysia Franchise Digital Association’s Hononary Chairman & Advisor, Yang Mulia Dato’ Paduka Seri Hasnizal Haji Hassan and the Chairman, Dato’ Dr. Denming Ho.
The partnership will focus on enabling franchisors to centralize their franchisees’ inventory, customer information, financial performance and other important business data and use the business intelligence powered by artificial intelligence (AI) to strengthen their operation and reduce the operating expenses.
“We believe our collaboration with Huawei and Duogo will assist franchisors and their franchisees to streamline their operation so that they can spend more time and put their focus on generating revenues,” said Mr. Terry Yee, CEO and Founder of Axaipay.
“Huawei remains committed to work with customers and partners to realise our vision of Everything-As-A-Service which helps accelerate digital adoption for the nation and organisations. The collaboration with Duogo & Axaipay will see a joint innovation in developing a cloud-based franchising solutions that aims to improve the development and maintenance of franchisees’ and franchisors’ operations, allowing business owners to focus more on their core business,” said Mr Lim Chee Siong, Vice President, Cloud & AI Business, Huawei Malaysia.
“Through this collaboration, we aim to enable many retail businesses and pre-franchisors to adopt new digital technologies that will not only level the playing field but also transform them into globally competitive businesses,” said Dr. Abdul Razak, CEO and Co-Founder of Duogo.
16 February 2022