What is Merchantrade Money VISA Prepaid Card?

Merchantrade Money VISA Prepaid Card (hereinafter “Card”) is an electronic money (e-money) payment instrument with multi-currency wallet that contains monetary value that is paid in advance by the Cardholder to enable payments for purchases, which carries the VISA payment features and issued by Merchantrade Asia Sdn. Bhd.

Payments can be made for physical or digital remittance, money changing and other services at Merchantrade branches, digital platforms and participating agents, as well as for goods and services at participating VISA merchants worldwide. Top-ups can be performed at all Merchantrade branches, participating agents as well as at participating digital channels. Cash withdrawals can be performed at all Merchantrade branches, participating agents as well as at VISA Plus-enabled ATMs.

The Card also carries the VISA payWave feature that allows contactless payments either singly or in aggregate not exceeding RM250 daily.