Greenpost aiming to expand more aggressively in Malaysia

GreenPost, the first company in Asia to offer aggregated bill presentment, is set to aggressively expand its regional footprint.

Its co-founder, Harveen Narulla said the company’s next step is to move into Malaysia, Australia, Hong Kong, India, Indonesia and other parts of the region.

“By year-end, we see ourselves more aggressively enter Malaysia and the rest of the region,” he told Bernama in an interview here.

Established in 2005, and incubated at the National University of Singapore, GreenPost is helping billers to go paperless with its aggregating solution to help consumers move away from paper bills towards receiving electronic bills in one easy platform.

Its aggregation technology through intelligent extraction from biller existing infrastructure is done without compromising billers’ access to consumers.

The technology is commercially very viable, and technically easy and risk free to implement.

Harveen said GreenPost is currently in partnership and discussion with all big billers and already has contracts with some of the smaller ones.

On the payment collection services to be offered to users for seamless experience, he said:” We are in discussion with some of the local and international banks based here.

“They (banks) want to offer their service regionally as they have services in Singapore and Malaysia and other countries in the region. Discussions with some of them are in an advanced stage.”

He said GreenPost allows consumers to aggregate and see their electronic bills in one platform and access the bills whenever they want.

The free platform allows users to add different billers, view bills, set reminders to pay bills, and even track spending or compare with average user spending.

Harveen pointed that billers would have enormous benefits as they can save spending on paper bills, while for individual users, it is in terms of the login into one portal to check all bills.

The GreenPost platform is currently available for consumers in Singapore, Malaysia, Australia and the United States.

In Singapore, users can receive electronic bills from Singapore - SingTel, StarHub, M1, SP Services, NUSS, Keppel Club, Singapore Swimming Club, and Sunpage

In Malaysia, it include Maxis, Digi, Tenaga Nasional (TNB)and Astro while in Australia, it is Optus, Telstra, 3Mobile, and Citilink.

In the US, it is AT&T.

Greenpost will be adding U Mobile and Celcom soon in Malaysia.

Touching on security for users, GreenPost Head (New Business & Sustainability), Nigel Hembrow said the company uses the same security as for the internet and banks.

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