KUALA LUMPUR, August 4 — Small businesses having problems obtaining an ePayment gateway can now opt for PayHalal’s Wakalah Bai al Ujrah account.

It’s tailored for small businesses that cannot obtain ePayment gateways due to being unbanked or unable to meet the qualifications set by payment gateways.

With PayHalal’s Wakalah Bai al Ujrah account, small business owners are underwritten and represented as reliable and trustworthy merchants.

This will enable them to access e-commerce and cashless payment facilities, including credit cards, e-wallets, Buy Now Pay Later (BNPL) and online banking.

One of the advantages of PayHalal is its commitment to creating a secure and Shariah compliant environment for consumers to make payments.

"PayHalal ensures that all transactions conducted through its platform adhere to the principles of Islamic finance,” it said in a statement.

This allows small business owners to cater to a larger customer base, including those who prioritise Shariah compliance in their financial transactions.

By offering a tailored solution for small businesses, PayHalal empowers entrepreneurs to thrive in a world increasingly reliant on electronic payments.

"Through PayHalal, these businesses can provide their customers with a convenient and secure way to make payments, leading to increased sales and customer satisfaction,” it added.

For further details about PayHalal and its services, click here.