eWallet applications seem to be popping up everywhere but there hasn’t been one done by a bank – until now. Maybank, Malaysia’s largest banking company has finally launched their new eWallet.
The new MAE (Maybank Anytime, Everyone) eWallet comes as a part of the bank’s application which is already available on the GooglePlay Store and Apple Appstore. The new feature allows users to seamlessly top up, pay for and split bills with an intuitive interface.
While the app may seem to be a run of the mill eWallet offering, MAE takes it a step further and little bit more secure by bringing their banking solutions together in tow. What precisely does this mean? Put simply, MAE isn’t just an eWallet account, it’s technically an online banking account with an eWallet. Registering for an MAE account also registers you for a Maybank account.
As such, when you register you’ll need to provide proof of identity and verification through a simple guided step by step process if you don’t have an account with Maybank. Pre-existing Maybank account holders are able to bypass this and register for an MAE account with one tap of the MAE option in the Maybank Application.
The MAE eWallet brings some common features that we’re used to seeing such as the ability to buy movie and flight tickets, to request money from peers and family as well as send money to them and pay bills. That said, MAE comes with one feature that we’ve yet to see in other popular eWallets: an electronic VISA card. The card works like any other VISA card. You will be able to use it for online shopping, SamsungPay and even MaybankPay with one big difference: you won’t have a physical card.
In addition to this, early adopters will be able to benefit from the many campaigns that Maybank has going on. This includes the Money MAEham game which allows users to get money through a timed speed game. Users can get more chances to win as much as they can in the time limit by inviting their friends to adopt MAE. Maybank is also offering a total of RM1.2 million when users scan MAE exclusive QR codes.