Y.B. Datuk Mas Ermieyati Binti Samsudin, Deputy Minister of Tourism and Culture debuted the launch of e-commerce giant, GT Dollar Malaysia at Sime Darby Convention Centre, Bukit Kiara, Kuala Lumpur today at the Malaysia FinTech Ecosystem Conference and GT Dollar Grand Launch.
The event was witnessed by distinguished government
officials as well as 3,000 prominent IT and e-commerce industry leaders who
support the development of a dynamic FinTech ecosystem, paving way for SMART
innovations like GT Dollar, making Malaysia a force to reckon with in the
FinTech sector.
This collaboration between the Malaysian government and
GT Dollar helps to alleviate the lives of people through the launch GT Dollar
mobile application, which is a “one-stop mobile e-commerce platform” that seeks
to build a cohesive community for consumers and merchants from a myriad of
industries to interact within its marketplace.
To complement this collaborative effort, GT Robot an
innovative high-technological form under the GT Group, specializes its
advancement in humanoid robotic solutions. In recognition of it’s advancement,
the Malaysian government is planning to allocate a zone located along the
Malacca-Negeri Sembilan border for GT Robot’s own manufacturing and assembly
plant, which is worth approximate to RM 300 million in investment. This plant
estimated to generate income for the company of approximate USD 20 Billon
(which is equal to 10 Million pieces of Mobile Robot) and create more than
10,000 working opportunities for locals in the next 5 years. The GT Robot plant
will be the first in Asia with eco-friendly manufacturing with the high
technology equipment after China.
Today, marks the launch of a groundbreaking event that
will go down in history. Unveiling an all new improvised major update of GT
Dollar application, the world’s first social mobile e-commerce software. This
new concept was first found in year 2014 by the GT Group President and CEO Dr.
Paul Zhang Baolu, who is equipped with over 30 years of industry experience in
high-technology management, economic and tourism development worldwide. The
company is valued at more than $4.7 billion. The conference is aimed to drive
development of regional interne use, where users and businesses connect
seamlessly without barriers. This benefits the consumers greatly as businesses
become more affordable thus stimulating economic growth, national tax revenue
and employment growth.
As a major update, there will be new enhanced key
features to help alleviate the overall user experience. Through the adoption of
SMART technologies which comprises of AR technology to for implement “the seek
honey feature”, “catch a bee to earn GT Cash features” which can be used for
purchases within the interactive marketplace as well as being an effective Bee
Commerce tool to help users manage their finances effectively by enjoying
exclusive long term savings, emerging as Malaysia’s trendsetter in the world of
e-commerce.
This application aims to embrace technology, thus
contributing towards the economic growth of the country. A comprehensive platform
for both consumers and merchants, encouraging cash free transactions around the
world. With zero registrations, subscription and advertising fees, merchants
need to purchase GT Dollar (Virtual Currency) and distribute it to their users
anytime, anywhere. This will in turn form into e-promotion or e-advertising
with minimal charges. The Online Payment Gateway will be used to accept payment
online – E-wallet / Visa (Credit, Debit, Prepaid) / MasterCard (Credit. Debit,
Prepaid) / CUP Card (Credit, Debit, Prepaid) / Direct Debit Account to perform
transaction charges.
GT Dollar primary focus is about a creating a world of
convenience centered around virtual credits account to allow users to make
payment via an e-wallet system which enables extensive search for products or
services via a marketplace.
GT Dollar allows SMEs to function virtually. It connects
them with new and existing consumers and maintains a loyalty programme through
the distribution of virtual credits (GTD). Communication between merchants and
consumers is facilitated via seamless GPS- location and user-friendly booking
platforms.
The application serves as a composite of one’s daily
lifestyle and a city guide to complement and simplify the increasingly hectic
lifestyle by providing users with an unprecedented access to a large database
of over 80,000 merchants worldwide hitherto not on Internet or mobile, but who
offer a great range of products. Merchants and users can enjoy other services
beside online shopping such as fund transfer, utilities bills payment, prepaid
air time top-up, Social Network Chat (for up to 20 people in each group) and
etc.
As per statistic, there are more than 18 million active
digital users in Malaysia and up to 2015, a total 77.3% of Malaysian households
have access to broadband services.
The application is active all through the day, allowing
users to shop at their own convivence at the ease of their Smartphone. “We saw
the opportunity to take advantage of the digital boom and developed an
innovative solution that benefits both businesses and consumers” saidMr Patrick Chew, Country CEO of GT
Dollar Malaysia.
YB Datuk Seri PanglimaMadiusTangau, Minister of MOSTI
mentioned, “in 2015, there were 3.4 billion Internet users globally with an
expectation that it would increase to 9 billion over the next 10 years. Indeed,
the government recognizes the importance of digital technology in propelling
the economic growth. We are pleased to see a local company embarking on an
innovative effort that is in line with the government’s aspiration to surge in
the development of technology. We applaud GT Dollar for being a game changer in
the e-commerce sector. And I am sure that users will benefit at large from
utilizing the platform and its features”.
GT Dollar aims to shape the future of mobile travel and
drive tourism growth with potential collaborations with Tourism Association to
increase the tourism landscape in Malaysia. Paul Zhang being the Chairman of
the China Tian Ma Travel Group, the third largest travel services and recreation
provider in China hopes to woo China tourists to Malaysia with GT Dollar, which
will serve as an essential city guide for tourists.
GT Robot is planning to start up its manufacturing and
assembly plant in Malaysia located along the Malacca-Negeri Sembilan border
which is worth approximate to RM 300 million in investment. This plant
estimated to generate income for the company of approximate USD20 Billion
(which equal to 10 Million pcs Mobile Robot) and create more than 10,000
working opportunity for the local in next 5 years. The GT Robot plant will be
the first in Asia with eco-friendly manufacturing with the high technology
equipment after China.
GT Dollar Malaysia hopes to expand its e-commerce
business globally and be the gateway for Asia. At this launch, GT Robot, the
innovative high-technological wing of GT Group that specializes its advancement
in humanoid robotic solutions will be unveiling two of its robots called the GT
Wonder Boy, a SMART social bot companion and GT Gobot, a multifunctional
service bot that is targeted to improve the overall quality of people’s life,
transcending into a new era of intelligence.
