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 January 2023, the interchange fees applied on MyDebit transaction:

Program Issuer Interchange Fee

All Transactions for Card Present (CP) and Card Not Present (CNP) including Government & its Agencies

Whichever is lower:
(a) 0.10% of transaction value; or
(b) RM0.37 + 0.001% from the value of transaction amount.

For details, please refer to the Payment Cards Framework issued on 19 August 2022. Click here.

No Surcharging and Imposition of Minimum Purchase Limit

  • No surcharging - Merchants are not allowed to impose any additional charges for purchases using MyDebit card

  • Imposition of minimum purchase limit – Merchants are not allowed to impose a purchase limit for purchases using MyDebit card


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