ManagePay Systems Bhd is a Fintech company dedicated to empowering Malaysia's payment ecosystem with comprehensive digital solutions. The company, listed on the ACE Market of Bursa Malaysia, has a market capitalization exceeding RM120 million. In January 2013, MPay received compliance notification from Bank Negara Malaysia (BNM) under Section 5(3) of the Payment Systems Act 2003, allowing them to manage merchant acquiring and establish direct relationships with merchants for accepting various card types. Their offerings include the MPay Balance virtual account and the MPay MasterCard Prepaid Card, for which they gained official approval from BNM in February 2015. The company aims to develop innovative consumer payment products and services with extensive international payment capabilities and security compliance. Positioned to become a leading regional provider of end-to-end payment and financial services, MPay stands out from competitors with its innovative payment solutions that capture new business opportunities in the FinTech space.
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