Changes To Maybank2u Settings Now Require Secure2u Authorisation
Author Avatar
Changes To Maybank2u Settings Now Require Secure2u Authorisation

Maybank customers who make changes or updates to their Maybank2u settings will now need to authorise the changes using Secure2u via the Maybank2u MY or MAE by Maybank2u (MAE) app. This is set to take effect immediately. 

With this, features that now also require customers to provide Secure2u authorisation will include: 

  • DuitNow registrations
  • Favourite setting for 3rd party
  • Cardless withdrawals
  • Foreign telegraphic transfers (FTT)
  • Interbank fund transfers (IBFT)
  • Interbank GIRO (IBG) transfers, and more

Introduced to gradually replace the SMS TAC, Secure2u is said to offer a safer and more convenient way to authorise transactions. The security feature pairs your device with your Maybank2u account, allowing for better protection against SMS TAC fraud, as all transactions will have to be approved via the registered device. 

To note, Secure2u has two authorisation methods: Secure Verification and Secure TAC. Secure Verification is a one-tap approval method that allows you to approve transactions via a push notification from your Maybank2u MY or MAE app. Secure TAC, meanwhile, enables you to approve transactions by keying in a six-digit authorisation code – which is also generated from either of the two apps.

Since the launch of Secure2u in 2017, Maybank has been implementing the security feature for different banking transactions in stages. These include enabling Secure2u for online transactions of RM5,000 and above in early 2021, followed by transactions of RM4,000 and above, and then RM3,000 and above. As of early March this year, customers are also required to use Secure2u to authorise any amount of third-party (Maybank to Maybank) and interbank GIRO (IBG) transfers via Maybank2u.

Finally, Maybank has encouraged all customers who have yet to activate the Secure2u feature on their Maybank2u MY or MAE app to do so. If you’re not sure how to do it, here are some video tutorials from Maybank to help you out:

(Source: Maybank)

0 0 votes
Article Rating

SHARE

Comments (0)

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
Top Banking Articles
Post Image
Best Fixed Deposit Accounts In Malaysia – June 2022
The RinggitPlus Team
- 1st June 2022
We provide monthly updates on the best fixed deposit rates in Malaysia with tables showing the top 5 rates for the duration of 1, 3, 6, 9, and 12 months.
Post Image
Frequently Asked Questions About Credit Cards
Guo Heng
- 28th June 2018
Do you have questions about credit cards or are you looking to apply for your first credit card? Check out our FAQ on credit cards for all the need-to-know information.
Post Image
Best High Interest Savings Accounts In Malaysia (May 2022)
Pang Tun Yau
- 31st May 2022
Make your money work for you by depositing them into the best high-interest savings accounts in Malaysia!
Post Image
Old Malaysian Ringgit Notes and Coins Are Worth More Than You Think
Gavin Pereira
- 24th January 2019
Through the years there have been certain denominations of our Malaysian Ringgit that has been discontinued. Do you have any of these? It may be worth a lot now.

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image