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 Merchantrade money VISA, Multi Currency Wallet

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!@#$%^
post Sep 30 2022, 05:57 PM

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QUOTE(cybpsych @ Sep 30 2022, 05:50 PM)
now only do official card launching biggrin.gif
On 30 September 2022 today, Affin Bank Berhad has officially launched its enhanced E-Wallet in collaboration with Merchantrade Asia Sdn. Bhd. which gives customers a wallet size of up to RM20,000.

user posted image

The official launch of AFFIN Merchantrade Prepaid Card was attended by President and Group Chief Executive Officer of Affin Bank Berhad, YBhg. Datuk Wan Razly Abdullah Ali, Chairman of Affin Bank Berhad, YBhg. Dato’ Agil Natt, Chairman of Merchantrade Asia Sdn. Bhd., YBhg. Dato’ Mohzani Abdul Wahab, Executive Director of Community Banking, Affin Bank Berhad, En. Nazri Othman, Managing Director and Founder of Merchantrade Asia Sdn. Bhd., Ramasamy K. Veeran and Country Manager for Visa Malaysia, Ng Kong Boon.

With the AFFIN Merchantrade Visa Prepaid Card, customers can now travel seamlessly no matter where they are with just one card. We are proud to announce that as of today, we have successfully onboarded approximately 3,000 customers. We want to offer our customers the best travel options while making it simple and convenient for them to manage their money from anywhere in the world.


user posted image
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i have this card .... in my drawer
ClarenceT
post Sep 30 2022, 06:30 PM

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QUOTE(!@#$%^ @ Sep 30 2022, 05:57 PM)
i have this card .... in my drawer
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I have the original Red card. My kid is using it, preloaded with foreign currency. But I prefer Wise now.

This post has been edited by ClarenceT: Sep 30 2022, 06:45 PM
coo|dude
post Oct 2 2022, 08:15 AM

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QUOTE(cybpsych @ Sep 30 2022, 05:50 PM)
now only do official card launching biggrin.gif
On 30 September 2022 today, Affin Bank Berhad has officially launched its enhanced E-Wallet in collaboration with Merchantrade Asia Sdn. Bhd. which gives customers a wallet size of up to RM20,000.

user posted image

The official launch of AFFIN Merchantrade Prepaid Card was attended by President and Group Chief Executive Officer of Affin Bank Berhad, YBhg. Datuk Wan Razly Abdullah Ali, Chairman of Affin Bank Berhad, YBhg. Dato’ Agil Natt, Chairman of Merchantrade Asia Sdn. Bhd., YBhg. Dato’ Mohzani Abdul Wahab, Executive Director of Community Banking, Affin Bank Berhad, En. Nazri Othman, Managing Director and Founder of Merchantrade Asia Sdn. Bhd., Ramasamy K. Veeran and Country Manager for Visa Malaysia, Ng Kong Boon.

With the AFFIN Merchantrade Visa Prepaid Card, customers can now travel seamlessly no matter where they are with just one card. We are proud to announce that as of today, we have successfully onboarded approximately 3,000 customers. We want to offer our customers the best travel options while making it simple and convenient for them to manage their money from anywhere in the world.


user posted image
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So, any launching promo?
hafizredha
post Oct 3 2022, 12:05 PM

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QUOTE(coo|dude @ Oct 2 2022, 08:15 AM)
So, any launching promo?
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merchantrade notified me that my affin merchantrade card compromised lmao
cybpsych
post Oct 3 2022, 05:05 PM

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Ambank, Merchantrade Asia launch hybrid e-wallet | The Edge Markets

KUALA LUMPUR (Oct 3): Ambank (M) Bhd (AmBank) and Merchantrade Asia Sdn Bhd (Merchantrade Asia) have entered into a strategic partnership to launch a hybrid e-wallet, allowing users the benefit from an Islamic current account with a total combined limit of RM50,000.

It is the biggest e-wallet so far in Malaysia.

The integration is where the AmBank Islamic hybrid current account-i (hCA-i) integrates with the Merchantrade Money e-wallet, with support from DuitNow.

...

“AmBank itself did not have its own e-wallet so far, and with this cooperation, we expect to have 10,000 new customers sign up by year-end.


Added on

user posted image

In the photo (l-r) are Cheong Sook Fun, Chief Financial Officer, Merchantrade Asia, Khairuan Abdul Rahman, Director, Retail Payments Services, PayNet, Ramasamy K Veeran, Managing Director & Founder, Merchantrade Asia, Raja Teh Maimunah Raja Abdul Aziz, Managing Director, Wholesale Banking, AmBank Group, Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group and Eqhwan Mokhzanee Muhammad, Chief Executive Officer, AmBank Islamic.

This post has been edited by cybpsych: Oct 4 2022, 03:04 PM
hafizredha
post Oct 3 2022, 05:14 PM

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QUOTE(cybpsych @ Oct 3 2022, 05:05 PM)
Ambank, Merchantrade Asia launch hybrid e-wallet | The Edge Markets

KUALA LUMPUR (Oct 3): Ambank (M) Bhd (AmBank) and Merchantrade Asia Sdn Bhd (Merchantrade Asia) have entered into a strategic partnership to launch a hybrid e-wallet, allowing users the benefit from an Islamic current account with a total combined limit of RM50,000.

It is the biggest e-wallet so far in Malaysia.

The integration is where the AmBank Islamic hybrid current account-i (hCA-i) integrates with the Merchantrade Money e-wallet, with support from DuitNow.

...

“AmBank itself did not have its own e-wallet so far, and with this cooperation, we expect to have 10,000 new customers sign up by year-end.
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argghhhh torn apart between affin and ambank hybrid
coo|dude
post Oct 3 2022, 08:43 PM

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QUOTE(hafizredha @ Oct 3 2022, 05:14 PM)
argghhhh torn apart between affin and ambank hybrid
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Why? How does the design looks like?
hafizredha
post Oct 3 2022, 11:41 PM

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QUOTE(coo|dude @ Oct 3 2022, 08:43 PM)
Why? How does the design looks like?
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Ambank will use the standard merchantrade card, tempted bcoz of duit now function
mr_robot
post Oct 4 2022, 01:04 AM

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how this apps work?
i buy different currency inside the apps and when i swipe the card oversea, it will charged the local currency without any other fee?
ClarenceT
post Oct 4 2022, 10:16 AM

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QUOTE(mr_robot @ Oct 4 2022, 01:04 AM)
how this apps work?
i buy different currency inside the apps and when i swipe the card oversea, it will charged the local currency without any other fee?
*
If you convert RM to USD and the fund is stored in USD wallet, if you swipe in USD, it will deduct the fund in USD wallet (no extra charge).
mr_robot
post Oct 4 2022, 08:41 PM

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QUOTE(ClarenceT @ Oct 4 2022, 10:16 AM)
If you convert RM to USD and the fund is stored in USD wallet, if you swipe in USD, it will deduct the fund in USD wallet (no extra charge).
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I see.
So the only different compare to Wise is this come with physical card?
Any fee for the physical card?
ClarenceT
post Oct 4 2022, 08:49 PM

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QUOTE(mr_robot @ Oct 4 2022, 08:41 PM)
I see.
So the only different compare to Wise is this come with physical card?
Any fee for the physical card?
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Merchantrade - AF RM8
Wise - physical card is optional
mr_robot
post Oct 27 2022, 11:26 AM

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QUOTE(ClarenceT @ Oct 4 2022, 08:49 PM)
Merchantrade - AF RM8
Wise - physical card is optional
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Feel regret to pay RM8 to sign up Merchantrade. Most of the currency rate are bad compare to Wise. I should apply for Wise debit card instead.
ClarenceT
post Oct 27 2022, 11:43 AM

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QUOTE(mr_robot @ Oct 27 2022, 11:26 AM)
Feel regret to pay RM8 to sign up Merchantrade. Most of the currency rate are bad compare to Wise. I should apply for Wise debit card instead.
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I got Merchantrade card before Wise Card was launched.
Nowadays I use Wise (account) more than Merchantrade.
Good thing is I can use debit/prepaid card to top up Merchantrade account.

This post has been edited by ClarenceT: Oct 27 2022, 11:46 AM
!@#$%^
post Oct 27 2022, 01:04 PM

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QUOTE(ClarenceT @ Oct 27 2022, 11:43 AM)
I got Merchantrade card before Wise Card was launched.
Nowadays I use Wise (account) more than Merchantrade.
Good thing is I can use debit/prepaid card to top up Merchantrade account.
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i leave rm0 inside. see what happens during annual fee time
ClarenceT
post Oct 27 2022, 01:15 PM

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QUOTE(!@#$%^ @ Oct 27 2022, 01:04 PM)
i leave rm0 inside. see what happens during annual fee time
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If you don't use it then terminate the account.
If -RM8 then you are liable to pay it.
!@#$%^
post Oct 27 2022, 01:26 PM

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QUOTE(ClarenceT @ Oct 27 2022, 01:15 PM)
If you don't use it then terminate the account.
If -RM8 then you are liable to pay it.
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can cancel virtually?
biertrinker
post Mar 9 2023, 05:28 PM

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QUOTE(ClarenceT @ Oct 27 2022, 11:43 AM)
I got Merchantrade card before Wise Card was launched.
Nowadays I use Wise (account) more than Merchantrade.
Good thing is I can use debit/prepaid card to top up Merchantrade account.
*
Is Wise better than Merchantrade for remittance?
xander2k8
post Mar 9 2023, 05:31 PM

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QUOTE(biertrinker @ Mar 9 2023, 05:28 PM)
Is Wise better than Merchantrade for remittance?
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Yes better rates because Merchanttrade collect fees on top of the higher FX spread

Downside Wise limit daily rm30k with wallet size rm20k at anytime
Ramjade
post Sep 1 2023, 02:39 PM

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QUOTE(ClarenceT @ Oct 27 2022, 11:43 AM)
I got Merchantrade card before Wise Card was launched.
Nowadays I use Wise (account) more than Merchantrade.
Good thing is I can use debit/prepaid card to top up Merchantrade account.
*
Have you tried reloading with credit card and see if it goes through?

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