Managepay Systems (MPay) has rolled out a new MPay MasterCard prepaid card in Malaysia that can be used to pay bills and carry out domestic remittance services.
The new card can be used at all domestic and retail locations where MasterCard is accepted.
Equipped with EMV-chip, users of the new card receive Mobile One Time Password (MOTP) for each purchase or funds transfer, to ensure they get more security when transacting in the country and overseas.
MPay group managing director and CEO Datuk Chew Chee Seng said: “MPay MasterCard can be used for various purposes, as a salary card where the employee’s salary is deposited into MPay MasterCard, and more efficiency with the payroll management.”
Cardholders can withdraw cash at various banks ATM using MasterCard Network and avail exclusive discounts and privileges at selected merchant partners.
MPay has also inked MPay MRCA Ringgit Rewards Card Programme agreement with Malaysia Retail Chain Association.
MPay offers end-to-end electronic payment solutions for banks and financial institutions, merchants and card issuers with operations across Malaysia.