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PayCools finally received License from BNM

1/12/2024

PayCools has finally received the Malaysia Merchant Acquiring Service License (MASL) from the Bank Negara Malaysia. This marks PayCools as a legally licensed payment service provider in Malaysia, and it can now provide comprehensive local payment solutions to businesses, helping them expand into the Malaysian market.

Malaysia is one of the fastest-growing economies in Southeast Asia, with a population of nearly 30 million. It is a popular destination for many Chinese businesses looking to expand overseas. PayCools' MASL will provide the following advantages for Chinese businesses:

· Legal and compliant: PayCools has obtained regulatory approval from the Bank Negara Malaysia, ensuring that its business complies with local laws and regulations.

· Secure and reliable: PayCools uses the latest security technologies to ensure the safety of customer data and funds.

· Convenient and efficient: PayCools provides one-stop payment services, helping businesses quickly open up payment features and improve payment efficiency.