Masidi (left) receiving a memento from Dr Yee.
KOTA KINABALU: Sabah Credit Corporation (SCC) today launched the first financial Super-app for Sabah called YONO, designed especially for everyone, with its purpose of contributing to the socio-economic development of Sabah.
State Finance Minister Datuk Seri Masidi Manjun, who officiated the grand launch at Sabah International Convention Centre (SICC) here, said the State Government has heralded the commencement of a groundbreaking era in financial evolution with the launch of YONO, developed under a statutory body under the supervision of the Finance Ministry.
YONO was developed by the Sabah Credit Corporation (SCC).
“YONO, an acronym for ‘You Only Need One, reflects our vision: one platform that caters to all your financial requirements. We earnestly hope for your continued support as we embark on this significant financial journey together,
“The launch of YONO represents the embrace of a future, imagined and designed exclusively for the citizens,” he said.
According to him, YONO is not only a testament to SCC’s vision but also the primary objective of the corporation which is to contribute to the socio-economic development of the State of Sabah.
He said SCC’s unwavering commitment to enhancing its services for the people of Sabah and the state is truly commendable.
“YONO is designed to simplify your lives, offering a suite of services that cater to every aspect of your financial needs,
“YONO, it’s your electronic local financial marketplace, designed to cater to the diverse financial and lifestyle needs of citizens,” he said.
The Superapp is integrated with the DuitNow ecosystem, it enhances its functionality, allowing users to access even more services and participate in the State’s digital economy seamlessly.
“By promoting digital payments through initiatives like YONOPay, Sabah Credit Corporation is actively contributing to the growth of our local businesses, strengthening our community and ensuring a prosperous future for all,” he said.
Masidi said SCC’s dedication underscores the crucial need for a powerful financial ecosystem that can support the economic development of our state and cater to the diverse needs of our citizens.
“Whether they are regular consumers, members of the business community, or those currently underserved, unserved, unbanked, and underbanked. Moreover, SCC’s efforts to facilitate foreign tourists and businesses, both within Sabah and wherever YONO operates, are crucial in today’s globalized world.
“I extend my heartfelt gratitude to SCC for embracing the challenge and spearheading initiatives that drive digital transformation within our state agencies,” he said.
He said in this rapidly evolving digital landscape, their initiatives are invaluable.
He cited that Jabatan Cetak Kerajaan Sabah is adapting to the changing digital environment by modernising its operations, including the launch of the Jabatan Cetak Kerajaan Sabah’s E-Commerce Web.”
“The 68-year-old organisation has shown its strength in sustaining, evolving, moving forward as a household brand in Sabah and continuously giving back to the State Government,
“The launch of YONO also facilitates reconciliation, simplifying the complex task of financial management. Through its advanced features, it allows us to keep track of transactions, ensuring accuracy and transparency in our financial records.”
Masidi urged all State Government departments and agencies to embrace this innovative solution wholeheartedly. “Let us recognize the transformative potential of YONO and integrate it seamlessly into our operations.”
He encouraged all State Government departments and agencies to use YONO to enhance their service delivery and easily access their services and products.
“There is no need to reinvent the wheel but to ride on the facilities that have been prepared by another state statutory body to minimise costs for the departments and agencies and, indirectly, the State Government,” he said.
Masidi also encouraged the local and business community to utilise the state-owned facilities to facilitate their dealings as well as to support their local agencies in building a better society for all to live in harmony and unity.
“YONO acts as a bridge between government departments and the people in Sabah. It is not merely a transaction tool, it is a convenience tool. This app breaks down barriers and brings services closer to the people, creating a more interconnected and responsive government.
“We are not just embracing technology; we are empowering our citizens, enhancing transparency, and building a stronger, more prosperous Sabah,” he said.
Three years ago, Sabah Pay made its debut as a citizen-centric mobile payment collection app, ushering in a new era of digital transactions. During the challenging times of the Covid-19 pandemic, it stood as a guide of support, enabling seamless digital payments for our citizens.
With the accomplishments of Sabah Pay, particularly its contributions to State Government departments and agencies, it handles collections and streamlines reconciliation procedures.
In the last three years, Sabah Pay collected a total of RM46 million up to the latest date on October 31, 2023, for the state government agencies from 131,000 registered users.
SCC Chief Executive Officer George Taitim Tulas said that making this YONO possible involves concerted efforts, teamwork and contributions from our technological and business partners, stakeholders and investors,
“They include Alibaba Cloud, Payments Network Malaysia, Sunline Technology, Raffcomm, Agmo Studio, Jabatan Cetak Kerajaan Sabah, Opus Asset Management, Great Eastern, Fass Payment Solutions, CTOS Data Systems, and Koha Digital,” he said.
He also thanked stakeholders and investors including CIMB, RHB, RAM, AmBank, Affin Hwang, UOB, and Alliance Bank for their undivided and continuous support contributing towards what SCC is today.
SCC Chairman Datuk Seri Dr Yee Moh Chai was also present.
