Mastercard has come with new fingerprint technology on credit card to reduce fraud and stolen identity. The pilot project has started in South Africa and they plan to fully introduce the technology to Europe and Asia this year.
Mastercard has been working with Pick n Pay, a South African grocery retailer and Absa Bank, a subsidiary of Barclays.
Biometric fingerprint is seen as safer and easier than 4 PIN authentication. Shopper just need to hold the card by the fingerprint sensor and insert it to a card reader.
The terminal will verify the fingerprint and approves transaction. This will reduce burden for user to memorize a lot of PIN and password. Because normally credit card user will likely to use their birthday date as pin or just 1234.
We have to admit that there is no perfect system. Same goes with fingerprint technology. According to New York researchers, they already created synthetic master prints that can imitate people’s fingerprints.
Although none has been tested on real handphone, the researcher only tested it on computer simulation, but the technology rapidly improving.
April last year, I did compare Tune Prepaid Visa Card with Maybank Debit card to show how Tune Card is good tools for making money online.
But now, Maybank has upgrade their Maybank Debit Card so the user can use it for internet transactions.
So the famous application for Debit Card Malaysians is to withdraw money from PayPal account. If this is the first time you heard about about PayPal and have no idea about it. Don’t worry. it just an internet account for online transactions. It’s free to use, easy to receive money from online advertiser and you can buy credits for your Barn Buddy game in facebook. 🙂
Ok, the first step to withdraw money from PayPal using Maybank Debit card is simple actually. You must have Maybank2u account and already change your ATM Maybankard to Debit card like this one:
I already changed it when my ATM Maybankard broke because of my fat sharp azz hehe. FYI, PayPal is free to register. They charge you USD 5 per withdrawal.
If you have all this three items than you are ready to withdraw your PayPal money to Maybank Debit Card. Ready
First Phase : Register your Maybank Debit Card to Secure Online Shopping Registration
1. Please login to your Maybank2u account.
- Then look under Utilities and Click on Maybankcard Secure Online Shopping Registration
To access Maybank Secure Online (MSOS), a credit/debit card link to either MasterCard or VISA is required.
Please fill out all fields.ALL fields are compulsory.
- Next fill in the MSOS Password and Personal Assurance Message. (PAM)
Your Personal Assurance Message (PAM) will appear whenever you asked for your password whilst shopping online. This confirm that you are only providing your password to Maybank and you should check to make sure this message is correct.
- Then Expired Date, CVV (Refer your Maybank Debit Card ) and then Hint & Answer.
Remember all this PAM and Hint & Answer. Write it somewhere using your secret code. You might need it.
[UPDATE : This Post is no longer VALID since Maybank has improved their Debit Card Service. Please refer my latest post regarding Maybank Debit Card. Thanks ]
I read in the net that Maybank launched a new Maybank Visa Debit Card, I said WOW! that would be great since I have a saving account with them.So, I am expecting free service, easy top up and more shopping at the Internet. I am glad more local banks start offering Visa debit card facility.
Steven Wong has made a summary about this new card :
To review whether this Visa debit card compatible to PayPal withdrawal, I spend sometimes to read on Maybank website, and here is the quick summary for your info:
- Maybank’s Group ATM in Singapore, Brunei and Philippines: RM2 each
- MEPS network: RM1 each
- Visa Plus Network: RM12 each
Existing Maybank ATM card holders can convert their cards with the one time cost of RM12. It is also the same cost for card replacement.
However, if you used up to 7 years (upon the expiry date, you will get the replacement at FOC).
Earn 1 TreatPoint for every RM3 purchases.
No annual fees, monthly interest rates or late charges.
So, since I am a Tune Card user plus have a Maybank saving account, I think it would be good if I compare this two card, rite ?
Below is a brief comparison of our very own Tune card Prepaid Visa Card vs Visa-branded debit card
||Maybank Visa Debit Card
||Tune Card Visa Prepaid
||– Service charge for withdrawal transaction for:
Maybank’s Group ATM in Singapore, Brunei and Philippines: RM2 each
MEPS network: RM1 each
Visa Plus Network: RM12 each
|Annual fee ; RM 9.99
RM 2 only for Top Up at CIMB Bank, POS Malaysia and BSN
RM 1.15 withdrawals at CIMB ATM machine
RM0.50 only for online top up
|Cash Out PAYPAL
||Maybank2u,CIMB and POS office
I better stick with Tune Visa Prepaid Card, Why ? As you can see it is more flexible and Internet friendly. The most important thing is you can withdraw your PayPal money with it.:)
By the way, you can use Maybank ATM card in Petronas Petrol Pump and selected Supermarket so why Maybank want to promote this Debit card instead. I think their business idea for this Debit card is weak because you don’t want to go abroad only carrying debit card right?. At least you must have a spare credit card for emergency.
For me, debit card or Prepaid card is only suitable for Internet transaction. Buy ticket,hosting,domain and eBay online. So if maybank overlook this thing than their debit card will be nowhere compared to by Tune Prepaid Visa Card.
Several feedback that I got :
1. The question now is: Can Maybank Visa Debit cards compatible to PayPal withdrawal? I search on the web and try to find any review on that, unfortunately, there is no review so far. The closest was Uncle FL Sam on his withdrawal to Maybank Visa Credit Card.
So, I called up this morning to Maybank Customer Service to find out the details. The Maybank staff that I spoke to also not sure whether it is workable. After 20 minutes checking and waiting, she told me “NO” for PayPal withdrawal. steven wong
2. I try to add MBB Visa Debit card with Paypal, its not work. The following message will appear…
“This credit card has been denied by the bank that issued your credit card. For details on why your card was denied, please contact your credit card issuer’s customer service department. Or, you may want to try adding a different credit card.” zahidi
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After verified my PayPal account using CIMB Master card, finally I manage to receive payment in my PayPal account. After doing some research and some explanation from LiewCF . It is easy actually to validate your PayPal account.As we all know we cannot withdraw money form our PayPal account. However this kid,Bitol from University Petronas show me how to do it with three 3 different ways.
Well, I just prefer to save it there so i can purchase online products,pay my hosting and other things.so kat sini ada guide utk validate our PayPal account from Bitol just click here.
How to validate you PayPal account enjoy