KUALA LUMPUR, 15 DECEMBER 2021 – MyMy, Malaysia’s rising FinTech and homegrown e-wallet provider, today released its wave of leading-edge card and app features as it gears up for targeted Beta Testing this January, 2022.
Backed by demands from in-depth market studies, MyMy’s frontline offerings include a numberless prepaid card that enhances the security of physical payment transactions. As for online transactions, MyMy introduces a seamless biometric feature to authenticate transactions – an element of security that replaces risks associated with other cumbersome authentication methods.
“We hear what Malaysians want and we take the rise of digital payment fraud and online scams very seriously. That’s why we’ve identified the necessity to implement biometric features as part of our security measures, and very soon, facial recognition capabilities as well. Our numberless card also provides enhanced security to reduce fraudsters from committing unauthorised purchases,” said Joe McGuire, MyMy Co-Founder.
With the world slowly opening up for travel from 2022 onwards, he added that MyMy’s numberless prepaid card is not only a cheaper alternative to debit and credit cards, but is also globally accepted at over 80 million merchants and ATMs worldwide – unlike QR codes which have limited use and are only accepted in Malaysia. MyMy users can further enjoy peace of mind with additional quick control abilities on its app such as lock card, pin reset, on and off control for overseas, online and contactless transactions, even allowance and limit setting for ATM withdrawals.
Additionally, from the 15th to the 25th of December 2021, MyMy is kicking the Christmas season off by giving away RM100 credit with MyMy’s 10-Day Christmas Countdown Challenge. This is a special 10-day seasonal campaign limited to participating contestants who successfully collects winning points by referring a minimum of 10 friends to register at www.my-my.com, as well as by following MyMy’s social media platforms on Instagram, Facebook, LinkedIn and Twitter.
Disclaimer: This article is submitted to us and handpicked by VC News Network editors to be published. Due diligence has been made, but we do not guarantee the completeness, reliability, or accuracy of the articles. Kindly contact us at hello[at]vcnewsnetwork.com if there are any errors.