Malaysia Electronic Payments System (MEPS)

  • Secure, safe, efficient payment system and faster distribution
  • More reliable
  • Safe
  • No need to carry a lot of cash and save cost
  • Security of payment
  • Bank Rakyat ATM cardholders
  • Local Bank’s & Foreign Bank’s
  • RM 1.06
    (withdrawal-per transaction
    *inclusive 6% GST charges)
  • RM 0.53
    (IBFT-per transaction
    *inclusive 6% GST charges)
  • * 6% GST is paid by Bank Rakyat for Bank Rakyat card holders