More transactions made via Debit Card in Malaysia

According to the recent report from Business Times, is about RM400 million transaction made via debit card in the country last year (grow about 21%) while credit card contributes RM2 billion transaction. The debit card transaction is forecasted to grow 30 percent (30%) this year. Maybank issued most debit card in Malaysia which taking 55 percent (55%) of the local debit card market share (or has over 8 million card holders) and also taking 35 percent (35%) of the local credit card market share.