Agrobank Targets 1 Million New Agro Visa Debit-i Card Customers

Last update: 24/02/2015

PUTRAJAYA, Feb 24 (Bernama) -- Agro Bank Malaysia is targetting to secure one million new Agro Visa Debit-i Card customers within three years.

To date, 20,000 cards are in circulation since the card was introduced last month, says Chief Executive Officer Datuk Wan Mohd Fadzman Wan Othman.

He said the card was the first debit card for entrepreneurs and retailers in the region to enable them to electronically access their savings through the Visa network at home and abroad.

"The card provides a much safer payment facility and meets the demand of the small and medium enterprise segment which is growing rapidly," he told reporters after the card was launched by Agriculture and Agro-based Industry Minister Datuk Seri Ismail Sabri Yaakob here Tuesday.

Wan Mohd Fadzmi said the card can be used in over 30 million Visa endorsed businesses and for cash withdrawal at two million automated teller machines worldwide," he added.