Maybank introduces first mobile wallet for smartphone users

App-solutely convenient: Maybank group president and CEO Datuk Abdul Farid Alias showing off the MaybankPay app on a smartphone and the Visa PayWave terminal after launching the MaybankPay app at the Treats Fair in the Mid Valley Exhibition Centre.

KUALA LUMPUR: Many shoppers have had the embarrassing experience of going to buy something, only to realise that they have forgotten their wallets.

Soon, however, Maybank cardholders can avoid such episodes with the bank’s new smartphone application, MaybankPay – Malaysia’s first mobile wallet.