OCBC Bank, J&T Express collaborate to make ‘last mile delivery safer


KUALA LUMPUR: OCBC Bank (M) Bhd and delivery firm J&T Express (M) Sdn Bhd are collaborating to make “last mile” delivery safer and extra handy via using the financial institution’s digital assortment resolution OCBC OneCollect.

In a press release, the financial institution mentioned the collaboration would see the digital assortment resolution being progressively utilized by all J&T Express couriers nationwide, together with an in-store presence as effectively.

The transfer harnesses OCBC Bank’s award-winning OCBC OneCollect to overcome seemingly insurmountable “the last mile” delivery challenges associated to the gathering of cost by these couriers.

OCBC OneCollect, rolled out simply because the pandemic set in, is the nation’s first service provider cross-border fast response code (QR Code) assortment service.

The financial institution’s assortment resolution allows J&T Express’s couriers to get rid of money assortment – weak to theft and being misplaced when on the go – via a QR Code embedded of their collections app.

OCBC Bank managing director and head of transaction banking Chong Lee Ying mentioned the tie-up with J&T Express was a milestone within the financial institution’s quest to take away all impediments to efficient “last mile” delivery.

“Last-mile delivery has long had to contend with safety and convenience issues as the couriers open themselves to unseen and unappreciated risks when it comes to collecting cash on behalf of the company. This can go unnoticed because each collection is relatively small. But the amounts can snowball with each delivery, making the couriers targets for theft. In addition, cash easily gets lost or misplaced. We are pleased that OCBC OneCollect is able to step in where it matters most,” she mentioned.

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