28 May 2015
Your browser is unable to support Flash files.

MasterCard and Bank Islam launch Multos-based EMV smart card in SE Asia

29 July 2002  |  6362 views  |  0

MasterCard and Bank Islam have embarked on the roll out of the first Multos-based EMV smart card in South East Asia.

Bank Islam Malaysia has begun issuing its MasterCard M/Chip Select smart card, running on Multos, across the region.

Ajay Bhalla, senior vice president and general manager, South East Asia, MasterCard International, says the implementation will not only help the bank combat card fraud, but will also provide a platform to launch customised and differentiated payment programmes.

Ybhg. Dato' Mohd. Yusoff Haji Nasir, chairman, Bank Islam Malaysia Berhad, concurs. "We are planning to introduce debit, MEPSCash and e-purse applications in the near future," he says.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

15 July, 2002
15 July, 2002
01 July, 2002
29 May, 2002

Related company news

 

Top topics

Most viewed Most shared
UK opts out of European online payments se...
7658 views comments | 22 tweets | 17 linkedin
Bigger banks may have to set up their own...
6480 views comments | 41 tweets | 33 linkedin
JPMorgan Chase puts data to use with new t...
4672 views comments | 16 tweets | 7 linkedin
Postbank trials HCE mobile payments
4671 views comments | 9 tweets | 8 linkedin
Visa Europe opens innovation hub in Israel
4229 views comments | 17 tweets | 9 linkedin

Featured job

up to £100K base, commission, benefits
London, UK

Find your next job