{"id":1521,"date":"2026-01-20T17:43:05","date_gmt":"2026-01-20T17:43:05","guid":{"rendered":"https:\/\/malaysian-business.com\/wptest\/2026\/01\/20\/merchantrade-receives-approval-for-e-kyc\/"},"modified":"2026-01-23T18:03:08","modified_gmt":"2026-01-23T18:03:08","slug":"merchantrade-receives-approval-for-e-kyc","status":"publish","type":"post","link":"https:\/\/malaysian-business.com\/portal\/2026\/01\/20\/merchantrade-receives-approval-for-e-kyc\/","title":{"rendered":"Merchantrade receives approval for e-KYC"},"content":{"rendered":"<p>Merchantrade Asia Sdn Bhd has received approval from the MSB Regulation Department of Bank Negara Malaysia (BNM) to implement the electronic Know-Your- Customer (e-KYC).<\/p>\n<p>In the statement, it says that the implementation of e-KYC will be integrated with eRemit, its award winning remittance online portal and mobile app.<\/p>\n<p>With e-KYC, new applicants now have a more convenient way to register with a total digital experience for doing money transfer with eRemit. The integration is expected to go live by early the second quarter this year.\u00a0<\/p>\n<p>Merchantrade\u2019s eRemit facilitation online-based remittance services was developed in 2011 and was awarded the Best Remittance Breakthrough Transfers award in 2016.Merchantrade has also attained FPX Top Merchant award in 2013.\u00a0<\/p>\n<p>In 2017 Merchantrade\u2019s eRemit has successfully recorded value of around RM700 million in transaction and with the e-KYC, eRemit is expected to double up its transaction value by 2020.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Merchantrade Asia Sdn Bhd has received approval from the MSB Regulation Department of Bank Negara Malaysia (BNM) to implement the electronic Know-Your- Customer (e-KYC). In the statement, it says that the implementation of e-KYC will be integrated with eRemit, its award winning remittance online portal and mobile app. With e-KYC, new applicants now have a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-1521","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=1521"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1521\/revisions"}],"predecessor-version":[{"id":4890,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1521\/revisions\/4890"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=1521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=1521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=1521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}