e-Debit

CONSUMER

1. How does it work?

With an ATM card and a Personal Identification Number (PIN), cardholders can make purchases swiftly and securely at any authorised outlet, without the need to use cash.

Transactions are conducted using an e-Debit terminal. It will relay the request via a dial-up line to the customer’s bank. Once the transaction is approved, the bank will authorise the purchase. A transaction record will then be printed and issued to the cardholder. The purchase value is debited from the cardholder’s bank account. A receipt will be given to the cardholder at the end of the transaction.

2. What are the benefits?

e-Debit is another convenient and safe way to pay for your purchases. You do not have to carry a large amount of cash. Since it is a PIN-based facility, you will have a secure access to your funds or bank accounts. The payment is automatically debited directly from your bank account. It makes it easier for you to manage your expenses. What’s more it is an alternative payment mode for those without credit cards.

3. Where can I use e-Debit?

You can make transactions with e-Debit at any of the participating merchants that display the MEPS logo.

4. What is the limit for an e-debit transaction?

The maximum e-Debit purchasing limit is according to your daily ATM cash withdrawal limit. For further information, please contact your issuing bank.

5. Which ATM card can use the e-Debit facility?

The ATM cards issued by the following banks:

  • Affin Bank
  • Agro Bank
  • Alliance Bank
  • AmBank
  • Bank Islam
  • Bank Rakyat
  • CIMB Bank
  • EON Bank Group
  • Hong Leong Bank
  • Maybank
  • Bank Muamalat
  • Public Bank
  • RHB Bank

MERCHANT

1. How does e-Debit work?

Transactions are conducted using a e-Debit terminal. It will relay the request via a dial-up line to your customer’s bank. The customer is required to key in his PIN. Once the transaction is approved, the bank will authorise the purchase. A transaction record will then be printed and issued to the cardholder. The purchase value is debited from the cardholder’s bank account and credited to your account the next working day.

2. What are the benefits?

e-Debit is a convenient payment method for your customers. It eliminates time spent by your customer waiting at the counters. The transaction process is not only fast but secure as well. The e-Debit terminal debits the exact purchase amount from your customer’s bank account and credits it electronically into your bank account the next working day. What’s more, you do not have to physically count the cash as e-Debit guarantees for all approved transactions. Receipts are printed at the end of every transaction for you and your customers.

3. What are the participating banks?
  • Affin Bank
  • AgroBank
  • Alliance Bank
  • AmBank
  • Bank Islam
  • Bank Kerjasama Rakyat
  • CIMB Bank
  • EON Bank Group
  • Hong Leong Bank
  • Maybank
  • Bank Muamalat
  • Public Bank
  • RHB Bank
4. How can I be an e-Debit merchant?

Please contact your bank.