APPLE Pay is now available for Malayan Banking Bhd (Maybank), AmBank (M) Bhd and Visa card users in Malaysia.
Maybank announced today that its Maybank and Maybank Islamic Mastercard® and Visa Credit, Debit and Prepaid Cards can now be used with Apple Pay service in Malaysia and Singapore effective Aug 9, 2022, while the Maybank American Express® Cards will soon be included.
Maybank card members will benefit from access to this safe, contactless and easy way to pay, as part of the bank’s continued efforts to expand its retail digital offerings in tandem with customers’ evolving lifestyle trends.
“With our growing presence in this business segment, supported by the combined card user base of 15 million across both markets, Maybank is well placed to leverage the ease, safety and privacy of Apple Pay that would benefit our customers in both countries,” Maybank group CEO Community Financial Services Datuk John Chong said in a statement.
Apple Pay is a safe, contactless, easy way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.
Meanwhile AmBank said it is among the first banks in Malaysia to launch Apple Pay for its customers. The bank’s customers are able to add any AmBank/AmBank Islamic Visa or Mastercard Credit Card with the Apple Wallet to make fast and seamless cashless transactions with their iPhone or Apple Watch.
“The adoption of digital payments has accelerated over the past few years, benefiting both merchants and consumers.
“Most Malaysians are likely to have their mobile phones ready at hand, and in view of that, we are enhancing our mobile banking services by providing more convenient ways to make payments.
“We are thrilled to expand the possibilities with Apple Pay to bring easy, secure and private payments to our customers,” AmBank group CEO Datuk Sulaiman Mohd Tahir said in a statement.
Visa announced that it is partnering AmBank, Maybank and Standard Chartered Bank to bring Apple Pay to its cardholders in Malaysia.
Visa cardholders from the participating banks can simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID or device passcode, as well as a one-time unique dynamic security code.
Apple Pay is accepted in merchant locations worldwide currently enabled with contactless payments acceptance, which include restaurants, transportation, supermarkets, convenience stores, retail shopping and many more places.
“The use of digital payments has accelerated over the past two years, fast-tracking Malaysia to becoming a cashless society.
“Visa is excited to support the introduction of Apple Pay in Malaysia, especially since the country is already well placed in terms of contactless payment acceptance and usage.
“We believe Apple Pay with its secure, private and easy PIN-less experience will be well-received,” Visa Malaysia country manager Ng Kong Boon said. — TMR / pic source: apple.com