The Single Euro Payments Area (SEPA) was launched by the European banking and payments industry with the support of national governments, the European Commission, the Eurosystem, and other public authorities. As SEPA not only harmonized the way non-cash euro payments are conducted, but also completed the introduction of the euro

iDEAL is a Netherlands-based payment method that allows customers to complete transactions online using their bank credentials. All major Dutch banks are members of Currence, the scheme that operates iDEAL, making it the most popular online payment method in the Netherlands. iDEAL redirects customers to their online banking environment to

General Interbank Recurring Order (GIRO) is a method of transferring money by instructing a bank to directly transfer funds from one bank account to another without the use of physical checks. In a bank giro transfer, the one sending the funds (paying party) sends a request to the entity to

What is MAE (Maybank E-Wallet) Maybank has just launched its e-wallet service under the name of MAE. MAE is  stands for “Maybank Anytime, Everywhere”. MAE is an e-Wallet, that allow customer to open Maybank eWallet account instantly under the Interoperable Credit Transfer Framework (ICTF) issued by Bank Negara Malaysia in

Samsung Pay: Supported banks in Malaysia Samsung Pay was launched in Malaysia, helping the nation take another step towards a cashless society and furthering mobile payment adoption. But it is integrated into selected Samsung Galaxy models and ultimately up to the banks and card providers in a particular country to

What is Maybank QRPay? Maybank QRPay (QRPay) is a cashless payment solution that enables Seller to receive payments from Maybank2u customers (Buyer) using a unique two-dimensional quick-response (QR) code generated by the Seller. Seller is required to download Maybank QRPay Mobile Application to use this service. How to use Maybank QRPay? Download and launch the

What is SOAP SOAP (Simple Object Access Protocol) is a message protocol that approves allotted factors of an application to communicate. SOAP can be carried over a range of lower-level protocols, which includes the web-related Hypertext Transfer Protocol (HTTP).  SOAP defines a header shape that identifies the actions that a

Spoofing and Phishing People acquire unsolicited calls and emails every day. Most of these are ignored due to the fact they’re viewed as spam, e.g., a telemarketer making an attempt to promote them a vacation timeshare. But on occasion, awful actors will use these attempts as a structure of phishing.