Kiplepay gets nod to roll out three features for e-money business

“KPSB aims to be an e-money issuer who is able to provide a smooth and seamless digital onboarding experience to customers in a safe and effective manner,” said KPSB acting chief executive officer Ricky Lew.

KUALA LUMPUR: Green Packet Bhd, through its subsidiary Kiplepay Sdn Bhd (KPSB), has received approval from Bank Negara to roll out three new features for its e-money business, which will boost its kiplePay e-wallet as it continues to expand its cashless ecosystem offering.

The three new features are a new e-wallet limit of RM10,000 with the issuance of a Visa prepaid card, coupled with the electronic know-your-customer (e-KYC) feature.