BNM-licensed Merchant Acquirers (Third Party Acquirers - TPA) Approved E-Money Issuers (EMI) Incorporated in Malaysia Minimum of 3 years of e-payment or merchant acquisition experience (directly or via parent company) Must meet minimum net shareholders’ equity thresholds (specific value not provided in source text) Must be listed as Registered Merchant Acquirers under Bank Negara Malaysia (BNM) Incorporated in Malaysia Minimum of 3 years of e-payment or merchant acquisition experience (directly or via parent company) Must meet minimum net shareholders’ equity thresholds (specific value not provided in source text) Must be listed as E-Money Issuers under Bank Negara Malaysia (BNM)