AmBank partners with Merchantrade to enable hybrid e-wallet

AmBank has formed a strategic partnership with Merchantrade Asia Sdn Bhd that will take the e-wallet landscape to the next level. This is by the enablement of Hybrid e-wallet as part of its FinTech driven initiatives.

With this Hybrid e-wallet enablement, Merchantrades’ customers are able to enjoy a much larger e-wallet capacity while reaping the benefits of Current Account-i.

At the same time, this would also improve customer experience and ease the hassle of e-wallet top-ups. This implementation will bring convenience and cost-effective benefits to the user.

The Group Chief Executive Officer of AmBank Group, Datuk Sulaiman Mohd Tahir said, they are indeed very pleased to partner with Merchantrade, as part of their FinTech collaboration agendas to develop the first in the market cross border, multi-currency payment solutions by leveraging on cutting-edge technology and an innate understanding of the market and fast-paced environment they operate in.

“Presently, digitalisation is riding on the coattails of the pandemic. With physical distancing and travel restrictions, we are working to transform anything that can be done online or virtually,” he said.

AmBank has been actively involved in FinTech driven solutions which are tailormade to B2B segment. Their cutting-edge solution has secured partnership with industry leaders namely; Rakuten Trade, Finexus Group and MobilityOne.




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