Credit cards and Islamic credit cards (credit cards-i) remain essential payment tools in Malaysia, with their usage steadily increasing. As payment cards are used more frequently, especially for e-commerce transactions both locally and internationally, the risk of fraud exposure has also grown, potentially affecting the integrity of the domestic payment system. This review seeks to improve business conduct, strengthen risk management practices, and enhance fraud prevention and case handling, ultimately preserving 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
