AmBank partners with Majlis Agama Islam dan Adat Istiadat Melayu Kelantan to facilitate Waqaf contributions via e-Mandate by PayNet
From left – YABrs. Tuan Haji Zulkifle Bin Ab Rahman, Timbalan Yang Dipertua MAIK, Mr Shamsul Anuar Aebrahim, Head, Wholesale Banking Coverage, Large Corp 3, AmBank Group, Yang Berhormat Mulia Tengku Tan Sri Dato' Haji Mohamad Rizam bin Tengku Abdul Aziz, Tengku Temenggong Kelantan; and Puan Yatie Raheda Abdul Rahman, Manager, Ecosystem Development, Retail Payment Services, Payments Network Malaysia Sdn Bhd (PayNet)
Tuesday, 6 September 2022 - AmBank has announced a strategic collaboration with Majlis Agama Islam dan Adat Istiadat Melayu Kelantan (MAIK) to process Waqaf contributions using DirectDebit via e-Mandate, a digital payment service introduced by PayNet. Through this collaboration, Waqaf contributors now are able to channel their contributions online to MAIK which provides added convenience, accessibility, and greater efficiency to the contributors.
Present at the ceremony were Yang Berhormat Mulia Tengku Tan Sri Dato' Haji Mohamad Rizam bin Tengku Abdul Aziz, Tengku Temenggong Kelantan, YABrs. Tuan Haji Zulkifle Bin Ab Rahman, Timbalan Yang Dipertua MAIK, Mr Shamsul Anuar Aebrahim, Head, Wholesale Banking Coverage, Large Corp 3, AmBank Group and Puan Yatie Raheda Abdul Rahman, Manager, Ecosystem Development, Retail Payment Services, Payments Network Malaysia Sdn Bhd (PayNet).
Currently, Waqaf contributions to MAIK can be made through JomPAY for one-off payments. With the existence of DirectDebit via e-Mandate, inter-bank collection services will be more convenient, efficient and cost-effective for recurring payments which enables automated payments directly from Waqaf contributors’ bank account without any charges.
MAIK first opened their Islamic account with AmBank in 2008. Since then, MAIK has collaborated with AmBank on various e-Payment initiatives. In 2018, MAIK has further enhanced the collection solutions via e-Payment method for Zakat (via JomPAY), Dana Awam Baitulmal (via JomPAY and FPX). To ease the e-Payment, MAIK has also signed up for eAmBiz, business online banking.
“MAIK is the first customer to register for DirectDebit via e-Mandate with AmBank and we are delighted to have MAIK on board with us. With this partnership, we also look forward to collaborating with other State Islamic religious councils and potential partners to build a holistic financial solution ecosystem, which will, in turn, help boost their efficiency and turnaround time,” said Raja Teh Maimunah Raja Abdul Aziz, Managing Director, Wholesale Banking, AmBank Group.
“In keeping with PayNet's development goal, we aspire to increase cashless payment usage beyond brick and mortar, and this integration is a perfect example of that. Whilst the retail market saw leaps and bounds for e-payment adoption this past couple of years, state and federal services offer a unique proposition that could help extend our reach and introduce e-payments to a bigger audience.” said Khairuan Abdul Rahman, Director, Retail Payments, PayNet.
First time registration for DirectDebit (via e-Mandate) can be done online through MAIK’s secured web portal, waqaf.e-maik.my. RM1 will be deducted for the first time registration, which will also be part of the Waqaf contributions.