Retail Payment Systems in Malaysia

Retail payments systems are method used to make small payments by individuals and businesses. The most popular method is via cash. These are the payment systems, other than cash, that ca be use in daily life.

Retail payments in Malaysia can be divided into three categories

1. Types of retail payment systems

2. Types of retail payment instrument

3. Types of retail payment channels

  • Internet banking
  • Mobile banking
  • Mobile payment