If you’re traveling to Malaysia or you’re a local who wants to enjoy a cashless and convenient way of paying for goods and services, you might want to try using QR code payment with Maybank2u app. QR code payment is a method of scanning a unique barcode with your smartphone camera and authorizing the payment with your banking app. It’s fast, secure, and hassle-free!
In this blog post, I’ll show you how to pay with a QR code in Malaysia using the Maybank2u app in 5 easy steps. You’ll also learn about the benefits of using QR code payment and some of the latest news related to it.
Step 1: Download and register for the Maybank2u app
The first step is to download and register for the Maybank2u app, which is the official banking app of Maybank, one of the largest banks in Malaysia. You can download it from the Google Play Store or Apple App Store for free. To register, you’ll need to have a Maybank account and follow the instructions on the app. You’ll also need to set up Secure2u, which is a more secure authentication method that will replace SMS OTP by June 2023.
Step 2: Activate MAE Scan & Pay
The next step is to activate MAE Scan & Pay, which is the feature that allows you to pay with a QR code using the Maybank2u app. To do this, you’ll need to tap on the MAE icon on the app’s home screen and select Scan & Pay. Then, you’ll need to agree to the terms and conditions and verify your identity with Secure2u. Once activated, you’ll be able to see your QR code wallet balance and transaction history.
Step 3: Scan the merchant’s QR code
The third step is to scan the merchant’s QR code when you want to make a payment. You can do this by tapping on the Scan icon on the app’s home screen and pointing your camera at the QR code displayed by the merchant. You can also scan the QR code from a printed receipt or invoice. The app will automatically detect the QR code and show you the merchant’s name and logo.
Step 4: Enter the amount and confirm the payment
The fourth step is to enter the amount that you want to pay and confirm the payment. You can do this by tapping on the Pay button on the app’s screen and entering the amount in Malaysian Ringgit (MYR). You can also add a remark or tip if you want. Then, you’ll need to verify the payment with Secure2u. Once verified, you’ll see a confirmation message on the app and receive an SMS notification.
Step 5: Enjoy your purchase!
The last step is to enjoy your purchase! You can do this by showing your confirmation message or SMS notification to the merchant as proof of payment. You can also check your transaction history on the app or online banking portal. You’ll be able to see the date, time, amount, merchant name, and remark of each transaction.
Benefits of using QR code payment with Maybank2u app
There are many benefits of using QR code payment with the Maybank2u app, such as:
- Convenience: You don’t need to carry cash or cards with you when you travel or shop. You just need your smartphone and the Maybank2u app.
- Security: Your transactions are secured with encryption and biometric verification. You don’t need to share your card details or PIN with anyone.
- Speed: You don’t need to wait for change or receipts. You just need to scan, pay, and go.
- Affordability: You don’t need to pay any fees or charges for using QR code payment. You just need to pay the amount that you owe.
- Rewards: You can earn rewards points or cashback for using QR code payment. You just need to check the app for any promotions or offers.
Latest news related to QR code payment with Maybank2u app
Here are some of the latest news and updates related to QR code payment with the Maybank2u app that you might want to know:
- In May 2023, Maybank launched its cross-border QR payment service for Maybank customers traveling to Singapore, Indonesia, and Thailand as they can now make cashless and instant payment transactions via the MAE app. Similarly, incoming tourists from these countries will also be able to make cashless payments with Maybank QRPay merchants in Malaysia.
- In September 2023, Singapore and Malaysia users of Nets and DuitNow can now pay with a new QR code link between both countries. This means that Singaporeans can use their Nets app to scan and pay at Maybank QRPay merchants in Malaysia, and vice versa. MAS and BNM said that they planned to roll out cross-border person-to-person fund transfers by the end of 2023, allowing people to transfer money to each other using a phone number via PayNow and DuitNow.
Conclusion
That’s it! You’ve learned how to pay with a QR code in Malaysia using the Maybank2u app in 5 easy steps. You’ve also learned about the benefits of using QR code payment and some of the latest news related to it. I hope you found this blog post helpful and informative. If you have any questions or feedback, please leave a comment below. Thank you for reading and happy traveling!