Electronic payment instrument that allows eCA-i account holders make payments and transfer fund
A replacement for physical paper cheque used by conventional Current Account
A quick and simple way of making payment / banking transaction of Current Account for funds transfer by the account holder to a third-party account
1PAY allow account holders of Electronic Current Account-i (eCA-i) to perform payment via cash or fund transfer and enjoy basic functions of a physical cheque such as payment cash out, post-dated payment and full electronic payment instrument with payment evidence
1PAY is the first Internet payment innovation in Malaysia that caters to Individual and Non-Individual customers and fulfills the needs of business society through its unique features
Simplified, secured, fast and cost effective banking experience for account holders when performing account management, checking of cheque float status, cash payment, fund transfer as well as protection of banking information
With 1PAY, payee / recipient will receive convenient proof of payment, proficient notification, verification of payment details, automatic payment crediting and flexible payment encashment at any Bank Rakyat branches
Individual and non-individual customers
Non-Account holders may enrol for 1PAY if appointed by the accountholder to conduct on their respective eCA-i account. The Non- Account Holders may be appointed as maker or authorizer
Customer has one or more Electronic Current Account-i (eCA-i) with Bank Rakyat
Fund Transfer / Payment
Intrabank and interbank fund transfer via IBG and RENTAS with no time limitations and boundaries
Account Management
Assist customer in managing account such as account updates, account reconciliation, account summary, transaction report and other transactions via real time
Online Cash Payment
Enable customer (payer) perform payment/fund transfer to the recipient (payee) via cash over-the-counter online. The payee can cash out / encash payment at any Bank Rakyat branches nationwide
Maker/Authoriser function
Availability of Maker functions in facilitating transaction entry in the system and Approver function for verification and approval
Cheque Purchase
Enable online cheque purchase transactions. Customer may collect the physical cheque at any Bank Rakyat branches
