Is IBG Secure?
Yes, IBG is a highly secure payment system regulated by Bank Negara Malaysia and operated by PayNet. Transactions require customer authentication via bank channels and are protected by encryption and multiple security layers. Banks implement additional safeguards such as Transaction Authorization Codes (TAC) and SecureSign tokens. Customers are advised to safeguard their login credentials and verify beneficiary details carefully to prevent fraud.
💡 Tip: Never share your banking credentials or TAC codes. Always ensure the recipient's details are accurate before confirming your transfer.