Big or small, we do it all

Now accepting your customer's MyDebit cards is fast and simple everywhere. MyDebit makes it easier for you to get paid.

Advantages of accepting MyDebit

  • Convenient

    Accept payment using a card that everyone has

  • Reduce risks

    Reduce cash handling

  • Reduce customer queuing time

    Faster check-out process

  • Payment is assured

    Virtually no chargebacks

  • Secure

    PIN verification reduces risk of fraud compared to signature-based transactions

  • Lower cost

    Merchant Discount Rate (MDR) is 40% lower than other card types

Potential Key Market Segments

Ideal for the cash based retailers such as retail shops, supermarkets, billers, utilities, government agencies and many others.

Interchange Fee

With effect from 1 June 2019, the interchange fees applied on MyDebit transaction:

Program Issuer Interchange Fee

Government and its Agencies


All Other Transactions

0.14% of the value of transaction or RM0.50 plus 0.01% of the value of transaction, whichever is lower.
Note:Effective 1 June 2019

For details, please refer to the Payment Card Reform Framework issued on 23rd Dec 2014. Click here.