What is Maybank2U? Maybank2U Review

Basic Introduction

Maybank2U is a commonly used online payment method in Malaysia and is often used for online shopping. Mainstream e-commerce shopping websites in Southeast Asia generally integrate these online banking payments, such as LAZADA, the largest e-commerce platform in Southeast Asia.

Features and advantages

Covered countries: Malaysia

Payment type: Online bank transfer

Supported currencies: MYR, USD

Transaction limit: 1.0 MYR

Arrival time: Real-time arrival

Usage scenarios: Online shopping, Taobao shopping

Buyer payment process

Step 1: The buyer creates an order and selects Maybank2u payment method;

Step 2: Log in to Maybank2U official website and enter your bank account and password;

Step 3: Confirm the payment amount and complete the payment;

Step 4: Return to your website/APP and the transaction is completed.

Development History

Maybank announced that it will officially launch QR Pay electronic payment method in 2018. Just scan and you can complete the payment, which is convenient and simple.

On October 16, 2019, Malaysia’s largest bank Maybank signed a memorandum of understanding with the National Bank of Cambodia to facilitate cross-border payments and remittances.

References