What is MEPSCASH

MEPSCASH is the brand name for Malaysian e-Purse Scheme and is available in your chip based MyKad issued by the Government and ATM cards from participating financial institutions.

As one of the seven Flagship applications under the Multimedia Super Corridor (MSC) initiative, MEPSCASH was initiated in 1999 by participating financial institutions under the purview of Bank Negara Malaysia (BNM) and is regulated by the Payment Systems Act 2003.

Just look for the or logo on your ATM card or MyKad and you can store electronic cash (e-Cash) in the card to make payments.

MEPSCASH is e-cash stored in a card

With MEPSCASH, you no longer use

currency notes or coins

Pay with MEPSCASH at shops, kiosks and on the internet

Payment can be made in its exact purchase amount and for as low as 1 sen

There is no need to wait for change

The payment transaction is very fast and convenient

There is no signature or a Personal Identification Number (PIN)

You earn points when you use MEPSCASH

The points are redeemable for e-Cash that will be loaded into the ATM card/MyKad