Malaysian Electronic Payment System Sdn Bhd (MEPS) is wholly owned by the local financial institutions. It is the only interbank payment network service provider in Malaysia that supports domestic, development, Islamic and foreign banks. Since its inception in 1997, MEPS has been an integral part of the Malaysian financial landscape through its provision of interbank e-payment services for consumers.
Our key objective is to provide an efficient, cost effective and robust payment infrastructure. The achievement of greater efficiency in the payment system serves not only the interest of the financial industry but also the general public vis-à-vis the cost of doing business, thereby improving the competitiveness of the economy.
Today, MEPS has also spread its wings across the borders, creating seamless cross border payment channels. We have established partnerships with switching networks in Indonesia, Singapore, Thailand and China for the provision of bilateral financial payment and credit transfer services.
MEPS is committed to providing positive payment experiences for the business partners, merchants and consumers.