How PPZ-MAIWP Streamlines Corporate Zakat Payments with BetterPay
Company Background
PPZ-MAIWP (Pusat Pungutan Zakat - Majlis Agama Islam Wilayah Persekutuan) is a key organization in Malaysia responsible for collecting zakat contributions to support community welfare. To streamline operations, they handle a high volume of transactions using reliable and secure payment systems.
The organization also developed the myMajikan System, a portal enabling employers to manage monthly zakat deductions. It features:
- Online payment gateway integration.
- Monthly zakat registration with proof of payment.
- Receipt printing from the payment period.
- Wakalah Scheme calculation.
- Email notifications on the latest zakat deduction status.
PPZ-MAIWP exclusively uses BetterPay’s payment gateway for B2B payments, ensuring seamless management of corporate transactions with efficiency and reliability.
Integration Objectives
PPZ-MAIWP aimed to:
- Seamlessly manage corporate payments for zakat collection through B2B transactions.
- Establish a direct connection to their banking platform, reducing reliance on intermediary gateways.
- Ensure a secure and efficient refund process to maintain contributor trust.
BetterPay’s Solutions
BetterPay addressed PPZ-MAIWP’s needs by providing:
- Standard Payment API: A robust solution enabling PPZ-MAIWP to integrate their back-end systems with minimal code changes.
- Pay-in and Refund Capabilities: Tools to simplify transactions and refunds by connecting their system directly to their banking platform.
- Enhanced Security and Trust: A direct integration method that eliminated intermediary complexities, fostering greater transparency and efficiency.
- Corporate Payment Management: Streamlined handling of B2B transactions, allowing PPZ-MAIWP to better serve corporate clients.
Integration Process and Results
- PPZ-MAIWP’s team leveraged BetterPay’s Standard Payment API to integrate quickly and effectively without overhauling their existing systems.
- The direct bank integration reduced processing time and improved transaction accuracy.
- Contributors experienced a seamless payment process, resulting in higher satisfaction and an increase in repeat contributions.
- Corporate payments were managed efficiently, enhancing the overall B2B transaction experience.
Conclusion
With BetterPay’s software solution, PPZ-MAIWP achieved its goal of simplifying zakat collection. The direct integration to the banking platform allowed them to operate more efficiently while ensuring the security and trust essential for their contributors. BetterPay’s ability to manage corporate payments seamlessly further strengthened PPZ-MAIWP’s operations, showcasing their commitment to innovation and user convenience.
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