Divestment FAQMEPS has diversed its e-Payment services to Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear), a wholly owned subsidiary of Bank Negara Malaysia.
The Shared ATM Network and its entire suite of Smart Card services will continue to operate under MEPS.
MEPS supports the Economic Transformation Programme which aims to expand merchant acceptance of e-payment services and to create a cheque-less nation by 2020. These initiatives are in line with the Government’s long term plan to create an integrated payment ecosystem*.
By embarking on this strategic divestment, MEPS will be able to sharpen its focus on expanding its Shared ATM Network and form strategic partnerships with countries that boasts of high-traffic cross-border inbound and outbound travelers, in particular, Asian nations and members of The Cooperation Council for the Arab States of the Gulf (GCC).The scope of the existing ATM partnerships will also be expanded to introduce point-of-sale and more advanced e-Payment services.
*Integrated Payment Ecosystem is a national payment landscape where all payments are cashless and are transacted through one united e-Payment system.
Effective 16 September 2011, customers can email their feedback and queries to the following:
For e-Payment Services
