Available through credit cards, debit cards and prepaid cards of banksMalaysia becomes the second country in Southeast Asia for the introduction of Apply Pay after Singapore with Maybank, AmBank and Standard Chartered Bank making annnouncements of the service going live today. While users of Visa and Mastercard issued credit cards by the three banks can start using the service, Maybank also supports debit and prepaid cards. Apply Pay on the American Express cards will happen later in the year.
“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.” Apple Pay is a safe, secure and private way to pay, as customers avoid handing their payment card to someone else, touching physical buttons and exchanging cash physically. To use this service, customers hold their iPhone or Apple Watch near a payment terminal to make a contactless payment.