Visa put out a statement highlighting that “over 74% of Malaysians are aware, and 65% of Malaysians are interested in using digital banking services”. According to Visa, this is “a positive outlook for applicants who had submitted their applications for the digital banking licences issued by Bank Negara Malaysia”.
“In the past 18 months, the nation has seen a significant acceleration in digital adoption due to the pandemic. Many Malaysians have changed the way they work, pay, and even bank,” wrote Visa. Digital banking is essentially a service that combines both online and mobile banking services under one umbrella. And, no, companies that offer digital services like CIMB and Maybank
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