Mandatory Requirements:

• The interested IT supplier must be an authorised distributor or authorised reseller of the above product;
• The interested IT supplier must have minimum paid capital of RM200,000.00;
• The interested IT supplier must have similar project experiences within the last one (1) year; and
• The interested IT supplier must have similar project experience with financial institutions.

The proof document of the authorised distributor or authorised reseller must be submitted together with the proposal.

Issuance of Tender Document:

The Request for Proposal (RFP) document will be issued via e-mail to IT suppliers at no cost. To receive the RFP document, IT suppliers must send an indication of interest via email to itprocure@myclear.org.my with the following e-mail subject “[Name of Company]’s Indication of Interest for “Provisioning af a Consolidated e-Billing Presentment System” on or before 28th May 2012, 12:00 PM Malaysia Time.

Only e-mail indication of interest received on or before 28th May 2012, 12:00 PM Malaysia Time(based on MyClear’s mail server time stamp) with the required attachment stated above will be entertained. MyClear will not provide any acknowledgement of receipt in response to IT suppliers’ indication of interest e-mail.

MyClear will issue the RFP document via e-mail to the IT suppliers who have indicated interests with a valid proof of document as stated above.

The RFP document issuance via e-mail is done at the IT suppliers’ risk. MyClear disclaims all liability for quotation document e-mails that are not received by the IT suppliers.

Only IT suppliers that have been issued with the proposal document are allowed to participate in the RFP exercise.

Proposal Closing Date:

The closing date and time for the submission of the proposal is on 21st Jun 2012, 12:00 PM Malaysia Time

For enquiries, please contact:

• • Zuraida Zainal – 03 – 26982085 ext 137 or e-mail itprocure@myclear.org.my

FPX is a service that allows online consumers to make purchases via online stores using their banking accounts. FPX will give the consumers another avenue to make the most of their online shopping experiences, whereas Direct Debit allows consumers to make recurring payments for insurance premiums, bill payments, and other related charges automatically and on schedule.

“The agreement between MyClear and MOLPay is one of MyClear’s efforts to elevate the migration of e-payment in the country.  A high take-up of the FPX and Direct Debit services will contribute to building a payment eco-system that is highly efficient in terms of convenience, swiftness, security and cost.  A payment system that enables proficient movements of funds is imperative to the financial development and growth of the country’s economy,” said Encik Mohd Suhail Amar Suresh, Managing Director of MyClear.

“In addition, the expediency that the FPX and Direct Debit services offer is not confined to consumers only as it extends to the merchants as well.  With FPX, merchants can easily extend their online business especially to non-credit card holders.  As all payments are conducted in real time, the merchants are credited online to ensure availability of immediate cash flow to further increase business opportunities.  With Direct Debit, merchants can leverage on reduced administrative cost and time to collect recurrent payments from their customers.  Merchants will additionally benefit from a more predictable cash flow.  FPX and Direct Debit services bring about the simplicity and versatility of cheques in an e-commerce world,” added En Suhail.

MOLPay which was formerly known as NBePay was founded in 2005 and was acquired by the MOL Global group in August 2011. MOLPay presently has more than 2,500 online merchants and is compliant with global security standards including Payment Card Industry: Data Security Standards (PCI DSS), HackerSafe and with the Malaysian Payment Systems Act 2003.

The appointment of MOLPay by MyClear is expected to facilitate e-commerce transactions and further grow Malaysia’s e-commerce merchant base by allowing online merchants to integrate their website easily with FPX via MOLPay. With these services, online merchants will be able to accept payments from the online banking services integrated into the FPX platform.

The integrated central transaction processing channels will enable MOLPay and its merchants to get connected to all the financial institutions in the country and permit efficient e-commerce transactions. MOLPay will establish and maintain all online data processing facility capabilities including merchant approvals and maintenance to support real time payment transaction processing. As a third party acquirer, MOLPay will also implement a risk management system that are capable of detecting, managing and reporting the incidences of fraudulence transactions and unwarranted chargebacks that merchants deal on a daily basis.

“This partnership marks another milestone in the growth of MOL’s payment business. MOL has historically been market leaders in the mobile reload and online game payments as well as social payments business. Our acquisition of NBePay last year was to expand our payments business into the fast growing e-commerce market. MOLPay presently provides global credit card processing. With this partnership, we will be able to provide online banking processing for our merchants at competitive rates. In the next few months, we will also enable MOLPay’s 2,500 merchants with payments through MOL’s network of cash payment channels,” said Ganesh Kumar Bangah, Group Chief Executive Officer of the MOL Global group.

The Agreement was signed by En. Mohd Suhail Amar Suresh, Managing Director of MyClear and Mr. Eng Sheng Guan, Chief Executive Officer of MOLPay. The signing was witnessed by Mr Ganesh Kumar Bangah, Group Chief Executive Officer of MOL Global.

In 2011, Bank Negara Malaysia (BNM) appointed MyClear and Bank of China (Malaysia) Berhad (BOCM) to jointly formulate a new Renminbi settlement in the real-time electronic transfer of funds & securities (RENTAS) system.  The service is now operated by MyClear, a wholly-owned subsidiary of Bank Negara Malaysia (BNM) and BOCM has been appointed by BNM as the Onshore Settlement Institution for Renminbi in RENTAS.

The 11 financial institutions are Malayan Banking Berhad, CIMB Bank Berhad, Public Bank Berhad, Hong Leong Bank Berhad, RHB Bank Berhad, AmBank (M) Berhad, Alliance Bank Malaysia Berhad, Bank Islam Malaysia Berhad, Bank Muamalat Malaysia Berhad, Hong Leong Investment Bank Berhad and OSK Investment Bank Berhad.

In an effort to educate the financial industry in Malaysia on the benefits of using RMB for clearing and settlements, MyClear and BOCM recently organized a seminar entitled “Renminbi Payment, Clearing & Settlement in Malaysia”.  The seminar was attended by representatives from 70 financial institutions in Malaysia.

“The bilateral trade volume between Malaysia and the People’s Republic of China has rapidly increased over the past few years to about USD90 billion in year 2011. Malaysia has grown to be number one in the ASEAN region in terms of bilateral trade volume with the People’s Republic of China. As a result, Chinese Yuan or Renminbi has become a more widely used settlement currency in the region,” said Mr Zheng Jingbo, the Chief Executive Officer of BOCM.

Encik Mohd Suhail Amar Suresh, Managing Director of MyClear said, “In addition to contributing to the development of the foreign currency bond market, the renmimbi settlement service in RENTAS also serves as a catalyst for the integration of payment and settlement linkages for the cross-border intermediation of both wholesale and retail funds transfer in the region. This integration is an important step towards the development of a foreign currency payment infrastructure that will reduce the cost of doing business and enable the expansion of scope and efficiency of cross border payments.”

The RMB RENTAS system was launched on 21 March 2012. Financial institutions that join before 18 May 2012 will enjoy a waiver of the RMB RENTAS service fee until 31 December 2012.

“Mohd Suhail has a wealth of strategic, business and industry acumen, strong execution skills and a track record in driving stakeholder value,” said Dato’ Ooi Sang Kuang, Chairman of MyClear. “We believe he will provide the strong and capable leadership necessary to oversee MyClear’s strategic transformation into a premier e-payments organisation in the region.”

MyClear, a wholly-owned subsidiary of Bank Negara Malaysia (BNM), was established in 2008 to spearhead the migration of e-payments through the development of new payment systems, infrastructure, instruments and technologies.

“I am excited at the opportunity to lead MyClear into the next phase of its corporate development. This is an especially exciting time as the e-payments industry is poised for further growth due to strong consumer demand for convenient and cost-effective e-payment services. I look forward to addressing these growing demands and more importantly, to realizing MyClear’s strategic objectives,” said Mohd Suhail.

Prior to this appointment, Mohd Suhail was the Group Managing Director of Malaysian Electronic Payment System Sdn Bhd (MEPS). During his 9-year tenure at MEPS, he was instrumental in driving MEPS’ rapid growth from an ATM switch operator into a regional payment network infrastructure provider. In his career span of over 25 years, Mohd Suhail has held senior positions in various multi-national corporations and in a commercial bank, with involvement in information technology, systems integration, business development and project consulting.

“The acquisition of MEPS’ e-Payment services is a positive step towards expanding MyClear’s role in driving the acceptance of e-Payment. The acquired systems will complement the three existing systems operated by MyClear, which are Sistem Penjelasan Informasi Cek Kebangsaan Secara Elektronik (eSPICK), Real Time Electronic Transfer of Funds and Securities (RENTAS) and Fully Automated System for Issuing/Tendering (FAST). This integrated payment network infrastructure will enable MyClear to foster greater efficiency and innovation in the market and enhance collaboration with industry players to achieve new levels of excellence in service standards and accessibility,” said Dato’ Ooi Sang Kuang, Chairman of MyClear.

MEPS’ Chairman, Dato’ Sri Abdul Wahid Omar, said that for over a decade, MEPS has been building the nation’s network infrastructure and offering multiple interbank services. In addition to operating the Shared ATM Network, MEPS has successfully developed and offered various e-payment services. More recently, MEPS’ has completed the development of a mobile banking solution which is scheduled to be launched in September 2011. Although significant progress has been achieved, the total volume of e-payments is still low compared to paper-based and cash related transactions.

“MEPS’ is committed to supporting the strategic objectives of increasing the adoption of e-payments and has thus agreed to divest its e-payment services to MyClear. Upon completion of the divestment, MEPS will focus on strategically expanding the Shared ATM Network as outlined in the ETP. MEPS will increase its partnership with high cross-border inbound and outbound traffic countries within Asia and amongst others, the Gulf Cooperation Council countries. To date, MEPS has established partnerships with our neighbouring countries such as China, Indonesia, South Korea, Singapore, Thailand and Vietnam.”