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Debia Malaysia Achieves Major Milestone with Bank Negara Malaysia's In-Principle Approval for Merchant Acquirer Registration

Singapore / Kuala Lumpur - 31/07/2026



Debia Sdn. Bhd. ("Debia Malaysia"), the Malaysian subsidiary of Debia Pte. Ltd. ("Debia Group"), is pleased to announce that Bank Negara Malaysia ("BNM") has granted Debia Malaysia an In-Principle Approval for its registration as a Merchant Acquirer under the Financial Services Act 2013 ("FSA").


The In-Principle Approval represents a significant milestone in Debia Group's regional expansion strategy and reflects the progress made by Debia Malaysia in establishing the governance, risk management and compliance framework required to support its proposed merchant acquiring operations in Malaysia.


Debia Malaysia is progressing towards fulfilling the requirements set out in Bank Negara Malaysia's In-Principle Approval Letter in preparation for the commencement of its merchant acquiring operations.


Upon completion of its registration, Debia Malaysia will offer Malaysian businesses secure, reliable and innovative merchant acquiring services through an integrated payment platform that enables merchants to seamlessly accept card payments, QR payments, digital wallets, alternative payment methods and Buy Now, Pay Later (BNPL) solutions.


Leveraging Debia Group's experience in digital payments and merchant acquiring, Debia Malaysia will help businesses streamline payment acceptance, enhance customer convenience and support growth in Malaysia's rapidly evolving digital economy.


Derrick Tham, Chief Executive Officer of Debia Group:


"We are honoured to receive Bank Negara Malaysia's In-Principle Approval for Debia Malaysia's registration as a Merchant Acquirer. This milestone reflects our unwavering commitment to strong governance, robust risk management and the highest standards of regulatory compliance.


We appreciate Bank Negara Malaysia's guidance throughout the application process and remain fully committed to fulfilling the remaining requirements. We look forward to commencing operations upon completion of the registration process and to supporting Malaysian merchants with secure, innovative and trusted payment acceptance solutions."


Debia Group remains committed to expanding its regional presence while maintaining the highest standards of governance, regulatory compliance and operational excellence. The Group looks forward to supporting Malaysia's evolving digital payments ecosystem and contributing to the continued growth of the country's cashless economy.

 

About Debia Group


Debia Group is a regional financial technology company headquartered in Singapore.

Debia Pte. Ltd. is licensed by the Monetary Authority of Singapore as a Major Payment Institution to provide merchant acquisition, domestic money transfer and cross-border money transfer services.


Its integrated payment platform enables merchants to accept more than 40 payment options through a single integration, including major international card schemes, QR payments, digital wallets, alternative payment methods and Buy Now, Pay Later (BNPL) solutions. Today, Debia serves thousands of merchants across diverse industries with secure, reliable and innovative payment acceptance solutions.


As Debia Group expands its regional footprint, it remains committed to empowering businesses across Southeast Asia with secure, seamless and future-ready payment technologies that support the region's accelerating digital economy.

 

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