Bank Islam chief executive officer Mohd Muazzam Mohamed (pic) said through e-Mandate, the management of recurring payment is handled directly by merchants, making this method simple, safe and user-friendly, while saving time and energy.
KUALA LUMPUR: Bank Islam Malaysia Bhd through its appointed direct debit agent, InfaqPay, now offers an e-Mandate facility, a platform for the collection of recurring payments.
The latest solution will facilitate customers registered as merchants with InfaqPay to carry out recurring payments such as utilities, insurance premium, association membership, zakat and donation, directly from their customers’ accounts on a fixed schedule.
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