AmBank in payment tie-up with Maxis


PETALING JAYA: AmBank Group has tied up Maxis Bhd to introduce a secure contactless payment solution, mTAP via Payments Network Malaysia Sdn Bhd (PayNet), that uses a mobile device as a payment acceptance terminal to process debit and credit card transactions.

The solution is a cost-effective option to enabling more small and medium-sized enterprises (SMEs) to accept card payments.

AmBank Group CEO Datuk Sulaiman Mohd Tahir said the group was committed to support the SME ecosystem by leveraging on the fast-changing era of digitalisation.

“We saw that the consumer market, dominated by the Millennials and Gen-Y, is expecting smarter, faster and more accessible financial services. Hence, this is one of our efforts to ramp up the next wave of digital initiatives for our valued merchants and customers, ” he said.

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