💡 MyDebit Payment Methods Explained
🔄 Contactless Payment: Tap or hold the MyDebit card near the POS terminal (within 2–3 cm) to pay for transactions up to RM250 without entering a PIN.
🔐 Chip & PIN Payment: Insert the card into the POS terminal and enter the PIN for transactions exceeding RM250 or when required by the merchant.
💵 Purchase with Cash Out: Allows customers to withdraw cash up to RM500 per transaction from their bank account while making a retail purchase at participating merchants.
⚡ Secure and Fast: Transactions are authorized in real time via the MyDebit Switch, ensuring immediate deduction from the cardholder’s account.
📱 Tap On Phone: Enables small merchants and hawkers to accept MyDebit payments using NFC-enabled smartphones without traditional POS terminals.