Debit card and debit card-i usage continues to grow and remains a key payment instrument in Malaysia.
In tandem with the continued increase in usage of payment cards, particularly for e-commerce transactions both domestically and internationally, the potential exposure of payment cards to fraud has also risen which could impact the integrity of the payment system. This limited review aims to enhance business conduct, strengthen risk management, and improve fraud prevention and case handling of debit cards, to preserve users’ confidence in the overall payment card ecosystem.
This document belongs to Bank Negara Malaysia (BNM). Full access to the original source is available here: https://www.bnm.gov.my/banking-islamic-banking
