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The card is called a Bankcard, a card with multiple functions. Three main functions can be used, namely ATM (with various combinations of banking transactions), e-debit (online purchase payment) transactions at participating merchants and MEPS Cash (a stored-value card that can be used to pay at participating merchants).
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
The Malaysian identity card (Malay: kad pengenalan Malaysia) is the compulsory identity card for Malaysian citizens aged 12 and above. The current identity card, known as MyKad, was introduced by the National Registration Department of Malaysia on 5 September 2001 as one of four MSC Malaysia flagship applications [1] and a replacement for the High Quality Identity Card (Kad Pengenalan Bermutu ...
However, an additional function was criticized by many users: it allowed users to move their balance to their physical Touch 'n Go card, but it did not automatically transfer the funds to the physical card; instead, users had to go to Touch 'n Go kiosks within 24 hours after the money was sent, or else the balance would be sent to their e ...
Payments Network Malaysia Sdn Bhd (PayNet) is the national payments network and shared central infrastructure for Malaysia’s financial markets. It was formed from the merger between the Malaysian Electronic Payment System (MEPS) and Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) on 1 August 2017. [ 1 ]
The card is equipped with a radio-frequency identification (RFID) chip that allows users to make payments by simply tapping the card on a reader device. Touch 'n Go cards can be reloaded with funds either online or at designated reload kiosks. The system has become a popular and convenient way for Malaysians to make cashless transactions.
Trust Bank Limited was founded in 1997 by private investors, with the objective of offering banking services to local and International individuals and businesses in a timely, professional, courteous manner, in a profitable framework. At its inception, Trust Bank acquired the assets and liabilities of the defunct Meridian Biao (Gambia) Bank.
The Bank opened a merchant banking wing in 2009. [8] In 2020, the consolidated net profit for the bank was 650 million taka. [9] On 2 August 2022, Trust Bank held its the 23rd Annual General Meeting online chaired by the vice-chairman of the bank, Major General Md Moshfequr Rahman. [10] The meeting approved a 22.5 dividend for the year. [10]