Maybank Islamic Visa Purchasing Card-i

Efficient, Flexible, Controlled and Convenient

Benefits


Maybank Islamic Visa Purchasing Card-i is an electronic payment solution that can be used to replace cash and cheque issuance which is getting more costly while it also provide a means for streamlining the business expenditures, allowing organizations significantly reduce the time and cost of paying for various of business-to-business goods and services locally and globally in an efficient, timely and controlled manner.


Features & Benefits

Greater Efficiency on Purchase Process and Spending

  • Company and suppliers can take advantage of a streamlined procure-to-pay process.
  • Accelerate the reconciliation process.
  • Suppliers enjoy the ease and expediency of payment acceptance and expedite delivery of goods.
  • Simplifying the payment process and eliminating paperwork.
  • Enhance purchasing convenience.
  • Empowering employee purchasing control and departmental expenses compliance. 

Flexibility On Demand Financing

  • Enjoy up to 30 days Management Charge Free period from monthly billing statement.
  • Provides immediate payment to suppliers to increase negotiation leverage.
  • Improve cash flow.
  • Reduce risk of overdue payment.

Easier To Control and Monitor

  • Consolidation of transaction data to improve management audit and enhance analysis reporting.
  • Restrict card use to specific types of purchases, spending and even at specific industry.
  • Centralised local and global spending.
  • Set spending limits by department and employee.
  • Card administrator and cardholder on access statement.

Convenience Wide Acceptance

  • Widespread acceptance of over 30 million merchant outlets.

Other Informations


Required Documents

  • Completed Application Form
  • Memorandum & Articles of Association
  • Latest Form 9,24 & 49
  • Latest 2 years Audited Financial Accounts (certified)
  • Small Medium Enterprise (SME) Credit Bureau Consent Letter
  • Photocopy IC of the nominated cardholder
  • Latest 6 months certified Bank Statement (for non-Maybank account holder only)

Click here for Purchasing Card-i Product Disclosure Sheet (EN | BM)

Click here for Purchasing Card-i Agreement

The Service Tax of RM25 governed by the Service Tax Act 2018 shall be imposed on each Principal and Supplementary Credit/Charge Cards upon card issuance and card anniversary effective 1 September 2018.

Dear valued customer, please be informed that all Islamic Cards approved before 26th December 2025 will have their Shariah contract replaced from Ujrah and Qard to Commodity Murabahah. Click here to find out more.


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