Now accepting your customer's MyDebit cards is fast and simple everywhere. MyDebit makes it easier for you to get paid.
Accept payment using a card that everyone has
Reduce cash handling
Faster check-out process
Virtually no chargebacks
PIN verification reduces risk of fraud compared to signature-based transactions
Merchant Discount Rate (MDR) is 40% lower than other card types
Ideal for the cash based retailers such as retail shops, supermarkets, billers, utilities, government agencies and many others.
With effect from 1 July 2015, the interchange fees applied on MyDebit transaction:
For details, please refer to the Payment Card Reform Framework issued on 23rd Dec 2014. Click here.