Maybank Debit Card users, you should remember to set your Debit Card Contactless Transaction limit to avoid fraudulent use of your Debit Card.
Contactless Transaction means that you do not need to enter any password when you make a purchase at the store, you just need to touch or approach the merchant’s payment terminal to complete the payment.
All Maybank Debit Cards currently support Contactless Transaction and have a daily spending limit of RM1000, which can be adjusted by the user via Maybank2u.
Since there is no password required for Contactless Transaction, anyone who has your Debit Card can use it to make purchases at the mall. It is recommended that you lower the daily spending limit on your Debit Card Contactless Transaction.
To change your Debit Card Contactless Transaction limit, you can log in to Maybank2u, go to Setting, select Card, then Contactless Transaction Limit, and then you can adjust your Debit Card Contactless Transaction limit. Contactless Transaction Limit, you can then adjust the daily spending limit of your Debit Card. You can choose from RM50, RM100, RM250 or RM1000.
If you rarely use the Card Contactless Transaction function, it is recommended that you set the limit to the minimum to reduce the risk of your Debit Card being stolen. If you set the limit to RM0, it means that the Contactless Transaction function is turned off.
