Maybank has reaffirmed its leadership in Malaysia’s digital banking landscape, announcing that it has facilitated more than RM4 trillion in digital transactions through its MAE app since the platform’s launch in 2020. The figure—equivalent to twice Malaysia’s GDP—underscores the bank’s accelerating push toward financial inclusion and digital connectivity across the country and the region.
Positioned as a lifestyle-driven financial app, MAE has become the preferred mobile banking platform for millions of Malaysians. Maybank currently leads the nation in both the number and value of transactions across key PayNet services, including DuitNow transfers, QR payments, FPX and JomPAY.
Taufik Albar, Group CEO of Community Financial Services at Maybank, said digital innovation continues to anchor the bank’s long-term strategy.
“Over the years, we have transformed the MAE App into an integrated financial lifestyle app that addresses our customers’ evolving needs,” he said. “Today, we are proud to serve 10.7 million MAE users, commanding a 48% market share of mobile banking transaction volume in Malaysia.”
As Malaysia’s first bank to roll out QR payments in 2017, Maybank continues to drive cashless adoption through its Scan & Pay feature, offered at zero transaction fees. The number of Scan & Pay transactions via MAE has grown 51-fold as of August 2025 compared with 2020, while new merchant sign-ups rose 26% in 2024, expanding acceptance across eateries and retail outlets nationwide.
Giorgio Migliarina, Group Chief Technology and Digital Officer at Maybank, said the MAE App embodies the bank’s vision of a secure and inclusive digital ecosystem.
“The MAE App has redefined everyday banking, blending lifestyle and financial features in one platform,” he said. “Customers have created nearly eight million Tabung savings goals, while nine out of 10 MAE Wallet users actively transact daily, citing safety and strong security as key reasons.”
Designed for customers who prefer to manage spending and savings separately, the MAE Wallet supports balances of up to RM10,000 and offers the same security standards as Maybank’s savings and current accounts.
To commemorate its fifth anniversary, Maybank has launched the MAE Turns 5 campaign, running from 30 October 2025 to 31 January 2026. Customers who deposit a minimum of RM200 into their MAE Wallet and enter the reference “MAETurns5” by 30 November will enjoy a 5% p.a. return, calculated on a daily-rest basis, provided the amount is maintained until the campaign ends.
The campaign marks Maybank’s continued push to reward loyalty while promoting smarter digital money management among Malaysians.