Malaysia-based CIMB Bank says it expects to see more customers using online banking as increasing fuel costs discourage consumers from driving to bank branches. The bank's customers made about 1 million online transactions last year, the bank says in a statement. The bank did not say how many new online customers it hopes to attract. The bank recently introduced a service with Malaysian-based mobile operator Maxis Communications that enables the bank's online customers to add value to their prepaid phones by transferring funds from bank accounts. CIMB is a subsidiary of CIMB Group, which has 366 branches, 1,252 ATMs and more than 4.5 million customers in the country, the statement says.
Authoritative analysis and perspective for every segment of the payments industry
Authoritative analysis and perspective for every segment of the industry
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