Public Bank clinches 4 awards at Malaysian e-Payments Excellence Awards 2017

From left: Tay, Bank Negara Governor Datuk Muhammad Ibrahim and MyClear managing director Peter Schiesser at Malaysian e-Payments Excellence Awards.

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KUALA LUMPUR (May 25): Public Bank Bhd clinched four awards at the recent Malaysian e-Payments Excellence Awards 2017 (MEEA) for its contribution to the growth of e-payments in the country.

Public Bank was named the Best e-Payment Bank, an inaugural award to recognise the bank that has pushed forward the e-payment agenda in all aspects including usage, acceptance, growth, reliability and customer experience.

"According to Malaysian Electronic Clearing Corp Sdn Bhd (MyClear), this top accolade of the Malaysian ePayments Award 2017 is only given to the bank that displayed strength, growth, outstanding initiative and consistency across all e-payment products," said Public Bank in a statement today. The MEEA is organised annually by MyClear, a wholly-owned subsidiary of Bank Negara Malaysia.

The other three awards won by Public Bank were the Best MyDebit Bank award, the Outstanding Contribution to Financial Process Exchange award and the Outstanding Contribution to MyDebit award.

"Public Bank will continue to put in all efforts to boost the country's migration to electronic payments by introducing more e-payment initiatives and enhancing its digital banking platform to improve customer experience, at the same time to explore new fintech collaboration initiatives," said Public Bank managing director and chief executive officer Tan Sri Tay Ah Lek in a statement today.

To further intensify its e-payments journey, Public Bank will be launching the PBenterprise CMS solution that will allow easier and faster onboarding for businesses and also more user-friendly interface.

Public Bank said it has organised extensive e-payments forums nationwide to promote the bank's comprehensive online cash management and e-banking services in an effort to migrate more businesses onto the e-payments platform.