Description

Published Merchant Acquiring Services policy document containing cyber security requirements

On 15 September 2021, the policy document on merchant acquiring services is published by the Bank Negara of Malaysia. Merchant acquiring services enable payment between instruments and merchants, by ensuring that funds are transferred to merchants s…

Scope

Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank

Complete timeline of this policy change

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2021-09-15
adopted

On 15 September 2021, the policy document on merchant acquiring services is published by the Bank N…