CIMB Bank

#Cash payment

CIMB Bank is one of the leading financial institutions in Malaysia and offers several payment methods for its customers. Here is some information about the commonly used payment methods […]

Certified payment providers 3
Market coverage 6
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
Currencies 8
  • Australia Dollar
  • China Yuan Renminbi
  • Euro
  • Japan Yen
  • Malaysia Ringgit
  • Singapore Dollar
  • United Kingdom Pound
  • United States Dollar
Description

CIMB Bank is one of the leading financial institutions in Malaysia and offers several payment methods for its customers. Here is some information about the commonly used payment methods by CIMB Bank in Malaysia:

– Bank accounts: CIMB Bank customers can make payments using their CIMB bank account. They can transfer funds using online banking services such as CIMB Clicks, the CIMB Clicks mobile application, or by visiting a bank branch.
– Credit and debit cards: CIMB Bank offers a range of credit and debit cards that customers can subscribe to. These cards are widely accepted in businesses and points of sale in Malaysia and abroad. Payments can be made using the contactless payment feature, card readers, or mobile payment services such as Samsung Pay or Apple Pay.
– Electronic transfers: CIMB Bank also allows customers to make electronic transfers to other bank accounts in Malaysia or abroad. Transfers can be made using CIMB’s online banking services by providing the recipient’s details and authorizing the transaction.
– Mobile payment services: CIMB Bank also offers mobile payment services such as CIMB Pay, which allows customers to make payments using their mobile phones. Customers can link their CIMB debit or credit cards to the application and make payments without physically using their card.
– Online payments: CIMB Bank facilitates online payments by providing secure payment solutions for purchases made on the internet. Customers can use their CIMB credit or debit card to make online payments through secure payment gateways.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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