Qǔ Exchange

Major Business Problems

Human Resource

Working Capital

Productivity

The Mechanism

How It Works

Business

Individuals

Sign-up & Pledge

Businesses apply for 30,000 Kongsi Point by pledging RM30,000 worth of products or services

Sign-up

Sign-up and register a Kongsi individual user account

Business Usage

Businesses can use Kongsi Point to purchase products and services from other businesses who had signed-up the same pledge

Receive

Receive Kongsi Point as incentive or allowance from employer

Employees (HR) Usage

Businesses use Kongsi Point as incentive or allowance for employees

Use

Use Kongsi Point to support micro & small businesses, buy food, groceries, clinic, services, pay TNB bill, TM bill, mobile post & prepaid and petrol

Deliver the Pledge

Businesses to supply their products or services to business or individual users when required

Purchase

Buy Kongsi Point from business users via Kongsi App RM1 = 1 Kongsi Point and earn additional 5% cash value

* Convert

Excess Kongsi Point can be converted to cash
* Terms and conditions apply

Sign-up & Pledge

Businesses apply for 30,000 Kongsi Point by pledging RM30,000 worth of products or services

Sign-up

Sign-up and register a Kongsi individual user account

Business Usage

Businesses can use Kongsi Point to purchase products and services from other businesses who had signed-up the same pledge

Receive

Receive Kongsi Point as incentive or allowance from employer

Employees (HR) Usage

Businesses use Kongsi Point as incentive or allowance for employees

Use

Use Kongsi Point to support micro & small businesses, buy food, groceries, clinic, services, pay TNB bill, TM bill, mobile post & prepaid and petrol

Deliver the Pledge

Businesses to supply their products or services to business or individual users when required

Purchase

Buy Kongsi Point from business users via Kongsi App RM1 = 1 Kongsi Point and earn additional 5% cash value

* Convert

Excess Kongsi Point can be converted to cash
* Terms and conditions apply

Benefits of Qu

Businesses

Turns excess products & services into instant working capital & employee flexi-benefit.
Improve cash flow.
Ability to reward employees without cash.
Increase motivation & competitiveness to retain & hire.
Zero interest repayment.

Individual

Every 1 Kongsi Point comes with additional 5% cash value.
Increase monthly income by 5% and manage monthly expenses effectively.
Minimises cash withdrawal hassle.
Secure, safe & thief-proof.

Where To Spend Kongsi Point

Grocery

Electricity Bill

Petrol

Clinic

Mobile, TM, Astro Subscription Bill

Restaurants & Hawker Food

Credit Control

Pledge Limit for MSMEs

Limit A

A default pledge limit of RM30,000 for MSMEs without audited reports, but with more than one year business track record

Limit B

A reduced pledge limit of RM6,000 for informal and micro enterprises, but with more than one year business track record.

Security of Qu

Reserve

To replenish undelivered products & services by defaulters

Insurance

Unused QuP will be fully insured with the same value

Auditor

QuP is audited by an independent auditor

CTOS

Credit check is conducted using CTOS