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Alliance Bank and MetaFin Launch Virtual Credit Card for Enhanced Digital Finance

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Alliance Bank and MetaFin Join Forces to Launch Innovative Virtual Credit Card within the MetaFin Digital App

Kuala Lumpur, July 26, 2024 - In a significant step forward for digital finance innovation, Alliance Bank Malaysia Berhad Alliance Bank or the Bank and MetaFin, Malaysia's pioneering DIY platform for insurance and personal financial services, have partnered to introduce the new Visa Virtual Credit Card within the MetaFin Digital App. This strategic alliance heralds a new era in consumer finance by offering an advanced digital payment solution that prioritizes both convenience and security.

This partnership combines MetaFin's leading fintech expertise with Alliance Bank's comprehensive financial knowledge, making it easier for users to access financial services on-the-go through seamless integration within the MetaFin Digital App. The virtual credit card empowers consumers with a secure method of online transactions via their smartphones.

MetaFin's Visa Virtual Credit Card introduces several groundbreaking features designed to meet the evolving needs of digital-savvy customers in Malaysia:

Gan P Li, Group Chief Consumer Banking Officer of Alliance Bank commented, Collaborating with MetaFin marks a significant advancement in increasing insurance accessibility for Malaysians. This virtual credit card complements MetaFin's offerings by delivering exceptional convenience and flexibility, empowering our users to manage their finances efficiently and securely anytime, anywhere. The ability to apply the Visa VCC effortlessly through our 0 Flexi Payment Plan further removes traditional barriers to obtning insurance protection.

Sam Tang, Co-Founder Advisor of MetaFin echoed these sentiments highlighting, We are thrilled to partner with Alliance Bank to introduce this cutting-edge virtual credit card. This collaboration underscores our commitment to pioneering innovative financial solutions tlored for today's digital landscape. The Visa Virtual Credit Card provides unparalleled convenience and security along with flexible payment options that cater to the evolving needs of Malaysia’s tech-savvy consumers. At MetaFin, we are dedicated to offering comprehensive, accessible services across insurance, banking, investment, healthcare, lifestyle and more.

Key features of the card include:

The eligibility criteria are strghtforward:

To apply, users can download the MetaFin Digital App from their preferred platform App Store, Google Play or Huawei AppGallery, register an account and select the Virtual Credit Card option within the app to scan their MyKad card and upload required income documents for approval.

MetaFin's ecosystem rewards users with exclusive benefits upon registration:

For more information about this partnership and how to apply for the Visa Virtual Credit Card, visit MetaFin’s official website at www.metafin.com.myhttp:www.metafin.com.my or download the MetaFin Digital App today to experience a future of digital payments.

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