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Visa, Maybank bring contactless payment wearables to Malaysia

Monday 11 January 2016 10:26 CET | News

Visa has collaborated with Maybank to introduce Maybank Visa Payband, the first contactless wearable in Malaysia.

Maybank Visa Payband allows users to conduct contactless payments in a matter of seconds, leveraging on Visa’s payWave contactless technology, at more than 1.000 locations across the country.

The new payment solution would help propel Maybank into the forefront of non-cash and electronic payments. According to a recent study, 95 % of Malaysian respondents said they were more likely to visit a store that accepted contactless payments over one that did not, an increase of 7 % compared with 2014.


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Keywords: Visa, Maybank, contactless payments, mobile payments, payWave, Malaysia
Categories: Payments & Commerce
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