Maybank MOTAC Visa Prepaid Card Launches in Malaysia
The Ministry of Tourism and Culture (MOTAC), in partnership with global payments technology company Visa, and Malaysia’s largest banking group Maybank, today announced the launch of the Maybank MOTAC Visa Prepaid Card.
The launch was officiated by Y. Bhg. Datuk Dr. Ong Hong Peng, Secretary General of Ministry of Tourism and Culture (MOTAC) with the unveiling of the prepaid card in the presence of Mr. B Ravintharan Balakrishnan, Head of Cards and Wealth, Community Financial Services Maybank, and Mr. Ng Kong Boon, Visa Country Manager for Malaysia.
The Maybank MOTAC Visa Prepaid Card encourages non-cash usage among users, particularly tourists, when they visit local tourist attractions. The prepaid card offers attractive privileges and benefits from key Food & Beverage (F&B) and hotel partners. One of the key partners, Berjaya Hotels and Resorts provides 15 per cent off Best Available Rates (BAR) at all their outlets in Malaysia including Berjaya Time Square Hotel, Kuala Lumpur, Berjaya Langkawi Resort, Berjaya Waterfront Hotel, Johor Bahru and many others.
Other benefits include 15 per cent discount on all food items at Rasa Utara and a free Original Glazed® with purchase of Coffee at Krispy Crème. In addition to that, prepaid card users will also enjoy ongoing offers from Maybank and Visa.
Speaking at the launch event, Secretary General of Ministry of Tourism and Culture, Y. Bhg. Datuk Dr. Ong Hong Peng stated, “The unveiling of the Maybank MOTAC Visa Prepaid Card propagates an important turning point in the strategic partnership between the Ministry of Tourism and Culture Malaysia, Visa and Maybank. This initiative is in line with our National Blue Ocean Strategy to promote smart private-public sector partnerships. Visa, as the Official Card for Malaysia Year of Festivals 2015 and Visit Malaysia Year 2014, is already regularly promoting Malaysia through their global network and marketing channels including social media and print collaterals. Maybank, as our new partner in this collaboration offers further value-added ease and leverage.”
Mr. B Ravintharan Balakrishnan, Head of Cards and Wealth, Community Financial Services Maybank said, “Maybank has always been at the forefront in providing payment convenience for the public, wherever they may be in the world. The launch of this new card brings significant value to users – it not only provides a cashless payment convenience for local and international tourists, it is also bundled with exclusive merchant offers that provide tremendous savings and rewards. Furthermore it is in line with our national aspiration to create a cashless society, and offering alternative mode of payment.”
Visa Country Manager for Malaysia, Mr. Ng Kong Boon said, “We are very excited and proud to be part of this strategic partnership with MOTAC and Maybank to launch this exclusive prepaid card. Since we signed the Memorandum of Understanding (MoU) with MOTAC to be the Official Card for Malaysia Year of Festivals 2015 and Visit Malaysia 2014 last year, Visa has been actively promoting tourism activities for Malaysia through our network. The launch of the prepaid card today provides tourists with a hassle free payment option when they enter the country and enables them to enjoy special offers from our key partners.”
For more information on the current offers provided, kindly visit www.maybank2u.com.my
Visa is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world’s most advanced processing networks — VisaNet — that is capable of handling more than 47,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit corporate.visa.com