MEPSCASH is the brand
name for Malaysian e-Purse Scheme and is available in your chip-based
MyKad issued by the Government and ATM cards from participating financial
institutions.
As one of the seven Flagship applications
under the Multimedia Super Corridor (MSC) initiative, MEPSCASH
was initiated in 1999 by participating financial institutions under
the purview of Bank Negara Malaysia (BNM) and is regulated by the
Payment Systems Act 2003.
Just look for the
or logo
on your ATM card or MyKad and you can store electronic cash (e-Cash)
in the card to make payments.
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