AmBank partners Merchantrade Asia in hybrid e-wallet venture


Group chief executive officer, AmBank Group Datuk Sulaiman Mohd Tahir said the partnership with Merchantrade is part of its fintech collaboration agendas to “develop the first in the market cross border, multi-currency payment solutions by leveraging on cutting-edge technology and an innate understanding of the market and fast-paced environment we operate in.”

KUALA LUMPUR: AmBank Group has partnered Merchantrade Asia Sdn Bhd in a hybrid e-wallet venture as part of the banking group’s fintech driven initiatives.

AmBank said in a statement on Thursday with this hybrid e-wallet enablement, Merchantrades’ customers will have a much larger e-wallet capacity while reaping the benefits of the bank’s current account-i.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit ends lower as firmer US dollar weighs on market
Infomina posts higher 2Q profit, declares 1.35 sen dividend
SkyGate acquires property investment firm for RM76mil
Berjaya Land proposes name change to Berjaya Property
SCIB shareholders approve rights issue, share capital reduction
SC Estate Builder to acquire 25% stake in non-operational hotel for RM18.79mil
FBM KLCI on a roll, notches fifth straight gain
China central bank to cut some sector-specific rates to boost economy
Ericsson plans to shed 1,600 jobs in Sweden
South Korea to keep monitoring US chip tariffs to minimise impact, industry minister says

Others Also Read