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Ambank Collaborates With Wechat Pay My

As part of AmBank Group’s transformation agenda, the Group is focused on enhancing its digital capabilities through strategic partnerships. Leveraging on the increase in e-wallet penetration in the market place, AmBank collaborates with WeChat Pay in 2018 to offer cross-border merchant acquiring services. Today, that partnership has extended to include its local wallet, WeChat Pay MY. “AmBank is pleased to be one of the only two local banks in Malaysia to be collaborated on both cross-border and local wallets,” said Dato’ Sulaiman, Group Chief Executive Officer of AmBank Group. “Since the launch of our WeChat Pay for cross border transactions, we have seen encouraging numbers in terms of transaction volume, resulting from the convenience experienced by users on this payment platform,” added Sulaiman. The bank has launched several gamification campaigns via its WeChat official account since last year and has gathered a substantial number of followers in the span of...