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.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

Lianson Fleet, partners form JV to acquire medium-range tanker
Proton sales rise 38% in first five months of 2026
EITA secures RM40.9mil busduct supply contract for Johor data centre project
FBM KLCI bucks regional sell-off, ringgit sinks to two-month low
Jollibee is said to mull moving US listing to booming Hong Kong
Stocks drop as US-Iran peace talks stall, AI rally cools
SKP issues standards to regulate BNPL, five other consumer credit activities
China and Hong Kong users unable to access SpaceX website, IPO documents
Gold slips, set for weekly loss on Mideast tensions, rate-hike fears
Trump's latest tariff salvo no fix for global issue of forced labour

Others Also Read