Strategic Partnership Between AEON Bank And Visa Set to Transform Digital Payment Landscape

AEON Bank has partnered Visa to transform local consumers’ experience in digital payments and cashless transactions in Malaysia.

The partnership will kickstart with the roll-out of AEON Bank x Visa Debit Card-i and will soon be expanded to include various digital payment solutions geared towards the growing interests amongst Malaysian consumers that are looking for safe and reliable cashless transactions and digital banking solutions that adhere to Shariah banking principles.

“AEON at large and Visa have a long history of impactful partnerships. Therefore, AEON Bank is excited to partner with Visa and optimise on their innovative capabilities in providing secure, easily accessible and convenient banking solutions to meet the demand of local consumers in Malaysia. This would enable our customers to enjoy wide ranging benefits through Visa’s broad network of merchants and partners, while making it possible for us to offer Shariah-compliant solutions to Malaysians from all walks of life,” said Raja Teh Maimunah, Chief Executive Officer of AEON Bank (M) Berhad.

Visa is pleased to embark on this new journey with a digital bank like AEON Bank, as it combines Visa’s global experience in digital payment technology with AEON Group’s broader retail and finance ecosystem that reach out to an extensive customer base, hence spurring an integration of value-added, seamless digital payment solutions that meet the needs of modern consumers across the omnichannel landscape.

“The payments industry, consumer demands and payment technologies are evolving faster than ever. We are excited to partner with AEON Bank and this strategic partnership will enable us to evolve with the changing landscape.  By developing the next generation of products and solutions, delivering on our purpose of uplifting everyone, everywhere, we are proud to support the next phase of growth for AEON Bank and transform the way Malaysians pay and be paid,” said Ng Kong Boon, Visa Country Manager for Malaysia.

Exclusively for the grand launch, users of AEON Bank x Visa Debit Card-i can enjoy attractive rewards and sign-up bonus during the campaign period.

AEON Bank is part of the AEON Group, one of Malaysia’s most recognisable household brands. It has been part of local consumers’ daily lives with over four decades of history in Malaysia and more than 200 years in Japan. With its establishment as Malaysia’s first Islamic digital bank, AEON Bank is committed to provide accessible financial services to all, including the underserved and the unbanked, empowering them to pursue their aspirations and achieve economic independence, while fostering a more inclusive financial future for all.

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