The incorporation of digital wallets in daily transactions has revolutionized the financial landscape, providing consumers with an efficient, secure and convenient method of payment.
In Malaysia, not all banks support this mode of transaction. Therefore, understanding which financial institutions allow for usage of Apple Pay is important for potential users in Malaysia.
Apple Pay Malaysia
Which bank in Malaysia supports Apple Pay?
Several financial institutions in the Southeast Asian nation offer compatibility with this popular mobile payment and digital wallet service. As of late, Apple Pay is supported by several prominent banks in Malaysia for Visa, Mastercard, and American Express card holders.
Apple Pay’s integration into these Malaysian banking systems has been welcomed as it enhances consumer transaction convenience and security. Not all types of cards from these banks are eligible for use with Apple Pay; there may be certain restrictions depending on the specific credit or debit card type.
Therefore, customers are advised to verify their card eligibility with their respective bank before attempting to add it to their Apple Wallet.
Apple Pay supported banks in Malaysia
Apple Pay is now widely accepted across various banks in Malaysia, providing a seamless and secure payment experience for Apple device users. At the time of writing, among the banks that support Apple Pay are:
- HSBC Bank Malaysia
- Standard Chartered Bank Malaysia
Please have a look at the official Apple website for any new additions. Just to let you know, not all cards may be eligible to be used with Apple Pay, and bank terms and conditions apply. You should check with your respective bank for more information.
AmBank Apple Pay
AmBank users can link their Mastercard and Visa credit cards to Apple Pay.
This feature provides an added layer of convenience and security for AmBank customers. By linking their Mastercard or Visa credit card to Apple Pay, users can make payments quickly and securely through their Apple devices, without needing to physically present their card. Transactions made via Apple Pay are also more secure as they are authenticated through a unique security code, and the actual card details are not stored on the device or on Apple servers.
This digital payment service is available on various Apple devices such as iPhone, iPad, Apple Watch, and MacBook. It simplifies the payment process for online, in-app, and even physical store transactions where contactless payments are accepted.
HSBC Malaysia Apple Pay
HSBC Malaysia also supports Apple Pay, but the type of cards accepted is not specified.
HSBC Malaysia’s support for Apple Pay signifies the bank’s commitment to providing its customers with the convenience of digital payments. This move aligns with the global trend of increasing adoption of contactless payment solutions, especially in the aftermath of the COVID-19 pandemic. However, HSBC Malaysia’s customers need to know the specifics, such as the type of cards compatible with Apple Pay. This information will ensure seamless transactions and help avoid any potential issues during the payment process. Just so you know, customers are encouraged to contact HSBC’s customer service for further clarification on this matter.
Maybank Apple Pay
Maybank offers the most comprehensive support, allowing customers to add their American Express, Mastercard, and Visa credit and debit cards to their digital wallet on Apple Pay.
In addition to this, Maybank also provides a secure and convenient way for customers to make payments. By using Apple Pay, customers no longer need to carry their physical cards around, reducing the risk of losing them. Transactions are also made faster and easier as customers just need to hold their iPhone or Apple Watch near a contactless reader to make a payment.
Furthermore, every purchase made through Apple Pay is secure since card details are never shared or stored, adding an extra layer of protection against fraud. Maybank’s integration with Apple Pay enhances the banking experience, making it more seamless and efficient for its customers.
Standard Chartered Bank Malaysia Apple Pay
Clients of Standard Chartered Bank in Malaysia can also use this service with their Mastercard and Visa credit cards.
This service offers a seamless and secure banking experience for Standard Chartered Bank clients in Malaysia. With their Mastercard and Visa credit cards, clients can conveniently perform various transactions, such as bill payments, online purchases, and cash withdrawals. The service also provides access to exclusive deals and offers, further enhancing the clients’ banking experience.
The bank employs advanced security measures to ensure the clients’ personal and financial information is well-protected, giving them peace of mind while using their credit cards. Hence, this service simplifies banking for Standard Chartered clients in Malaysia and offers them a safe and rewarding way to use their Mastercard and Visa credit cards.
How to pay with Apple Pay Malaysia?
In order to pay using Apple Pay in Malaysia requires a few simple steps. It includes setting up the service on an Apple device, adding a card to the wallet, and then making transactions at contactless payment terminals.
- For set-up, one must go to the Wallet app on their iPhone or iPad and tap the plus sign.
- The following prompts will guide you through scanning or manually entering card information.
- After this step, verification from the bank or card issuer is required which can be done via text message, email or other methods supported by the financial institution.
- Once successfully added and verified, cards are available for use with Apple Pay.
- Transactions can be made at any point-of-sale terminal that supports contactless payments by double-clicking the side button (on iPhone X and newer) or home button (on older models), validating with Face ID, Touch ID or passcode before holding the phone near the reader until it vibrates and beeps indicating successful payment transmission.
- Notably for online purchases within apps or on websites in Safari browser where Apple Pay is accepted as a payment option, there is no need for physical interaction with a terminal; instead validation occurs digitally within device interfaces ensuring secure yet convenient transactions.
Does Maybank support Apple Pay?
Yes, Maybank has integrated a renowned digital wallet service into its systems to provide enhanced transaction convenience and security for its customers.
This integration with Apple Pay is aimed at providing Maybank’s vast customer base in Malaysia an easy, secure, and private way to pay using their iPhone or Apple Watch.
By leveraging near-field communication (NFC) technology, this integration allows users to make quick contactless payments at participating retailers without needing physical cards.
The introduction of Apple Pay by Maybank is a strategic move towards digitization and cashless transactions.
For enabling this service, users need to add their eligible Maybank credit or debit card details into the Wallet app on their Apple devices.
Once added successfully, users can use their device for making transactions by double-clicking the side button and holding the device near a reader till they see ‘Done’ with a checkmark on display.
|Quick and convenient payments at participating retailers without needing physical cards
|An Apple device with Wallet App
|Each transaction is authorized with Face ID or Touch ID
|Eligible Maybank Credit/Debit Card
|Digital Wallet Service Integration
|Easy addition of multiple cards within the digital wallet for seamless payment experience
|Actual card numbers are not stored on the device nor shared with merchants during transactions
|Latest iOS version installed
This table succinctly summarizes key features, benefits and requirements associated with adopting Apple Pay through Maybank in Malaysia.
Can I use Apple Pay using multiple Maybank cards?
Utilizing multiple cards from Maybank in conjunction with a certain popular digital wallet service is indeed possible, offering greater flexibility and convenience for customers.
The integration of multiple Maybank cards on Apple Pay platform enhances the payment options offering more choices to the users. This feature allows users to toggle between cards according to their requirements or preferences at any moment.
Moreover, since Apple Pay employs a method that doesn’t share card information during transactions, it adds an extra layer of security even if multiple cards are used simultaneously.
To add multiple Maybank cards to Apple Pay, users need to follow the standard procedure of adding a card to this digital wallet system.
This includes entering the card details manually or scanning them using the device’s camera followed by verification from Maybank through OTP (One Time Password).
Once verified and added successfully, these cards can be used interchangeably for making payments via Apple Pay.
However, it should be noted that each transaction will be subject to individual card limits and terms set forth by Maybank as per its policies and regulations.
Does CIMB support Apple Pay?
No, at the time of writing, CIMB Bank in Malaysia does not support Apple Pay. However, this may change in the future. It is said to be ready by mid-2023. But it’s always a good idea to check directly with CIMB Bank for the most accurate and up-to-date information.
Does Hong Leong Bank support Apple Pay?
No, as of my knowledge up to date, Hong Leong Bank does not support Apple Pay. However, it’s always a good idea to check the most recent updates on the bank’s official website or contact their customer service for the most accurate information.
Can I use Apple Pay with Visa payWave?
Yes, you can use Apply Pay with Visa payWave.
Visa payWave, a contactless payment technology, can indeed be integrated with the renowned digital wallet system for secure and swift transactions.
This integration empowers consumers to make payments through their Apple devices by leveraging Visa payWave’s core capabilities.
Essentially, it enables users to benefit from the convenience of mobile payments while ensuring that all transactions are safe and secure.
The amalgamation of Apple Pay and Visa payWave offers several benefits:
- Enhanced Security: The use of tokenization technology ensures that actual card details are not stored on the device or transmitted during payment, thereby reducing potential risks associated with data breaches.
- Quick Transactions: Payments are processed immediately when an Apple device is held near a contactless reader at checkout.
- Convenience: There is no need to carry physical cards or cash since payments can be made using an iPhone or Apple Watch.
- Wide Acceptability: With a significant number of merchants accepting contactless payments worldwide, users have ample opportunities to utilize this service.
What is alternative to Apple Pay in Malaysia?
Transitioning from discussing the compatibility between Apple Pay and Visa payWave, it is pertinent to explore other contactless payment alternatives prevalent in Malaysia.
Given that Apple Pay is not yet widely available in this region, individuals may find these substitutes useful for ensuring seamless digital transactions.
One notable alternative to Apple Pay in Malaysia is Samsung Pay.
Unlike Apple’s service, Samsung’s mobile payment platform supports a wide range of credit and debit cards issued by major Malaysian banks such as Maybank, CIMB Bank, and Standard Chartered Bank.
Moreover, it offers the advantage of being compatible with both NFC (Near Field Communication) terminals and traditional magnetic stripe card readers due to its unique MST (Magnetic Secure Transmission) technology.
Another viable choice would be Touch ‘n Go eWallet, a local digital wallet solution developed by TNG Digital Sdn Bhd.
With millions of users across the nation, this platform provides various services including bill payments, mobile top-ups, online shopping payments and even toll payments via RFID (Radio-frequency identification).
These alternatives not only offer convenience but are also steps towards promoting cashless transactions within Malaysia.