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’ Mohamad Rizam Tengku Abdul Aziz, Tengku Temenggong Kelantan, Zulkifle Ab Rahman, Timbalan Yang Dipertua MAIK, Shamsul Anuar Aebrahim, Head, Wholesale Banking Coverage, Large Corp 3, AmBank Group and 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.
