etc. Black Mastercard Prepaid Card

This etc. Black Mastercard Prepaid Card by Bayo Pay is a secure digital salary and payment card for employees, linked to a mobile wallet with rewards.

Annual Fee: Free
ATM Withdrawal Fee: RM1
Overseas Transaction Fee: 1%
Card Replacement Fee: RM15

Features

Stop worrying about overspending. The etc. Black Mastercard Prepaid Card is your co-branded prepaid Mastercard that puts you in complete control, linking your salary to a secure wallet app so you can enjoy smarter, simpler spending anywhere in the world.

Type: Reloadable Mastercard Prepaid Card (co-branded salary card).
Access: Managed via the linked etc. wallet mobile app (for balance checks, payments, and account control).
Limit: Maximum approved balance (Wallet Size) is RM10,000.
Usage: Accepted worldwide by millions of Mastercard merchants and ATMs.
Benefits: Offers cashback and rewards on transactions.
Security: High-risk transactions (like overseas use) are disabled by default for user protection.

Fees & Charges

Issuance Fee

RM25

Annual Fee

ATM Withdrawal Fee

RM1 per withdrawal on Local MEPS ATM
RM10 per withdrawal on Overseas ATM

Overseas Transaction Fee

1.00% of the total amount transacted

Card Replacement Fee

RM15

Requirements

Minimum Age

18 years old

Who can apply

Anybody

Review

What is etc. Black Mastercard Prepaid Card?

The etc. Black Mastercard Prepaid Card is a specialized, reloadable spending card designed primarily for employees, as it often functions as a co-branded salary card.

It is issued by Bayo Pay (M) Sdn Bhd, a non-bank e-money provider licensed and regulated by Bank Negara Malaysia (BNM).

What are the benefits of the etc. Black Mastercard Prepaid Card?

This prepaid card offers a secure and efficient digital payment lifestyle, doubling as a dedicated salary and e-wallet solution, perfect for those without a traditional bank account. It is instantly accepted at millions of Mastercard merchants and ATMs globally.

The card is linked to the etc. wallet app, which provides full e-wallet functionality, allowing you to manage funds, pay bills, perform online transfers, and earn cashback and rewards.

What are the fees and charges I have to pay?

Besides the one-time Card Fee, you will be subject to cash withdrawal charges:

RM1.00 per transaction for domestic ATM withdrawals, and
RM10.00 per transaction for overseas ATM withdrawals (using the Cirrus network).

Note that foreign ATM operators may charge an additional fee. There is also a Card Replacement Fee of RM15.00 if your card is lost, stolen, or damaged.

Who can apply for the etc. Black Mastercard Prepaid Card?

The card is available to Malaysian citizens, permanent residents, and foreigners legitimately residing in Malaysia.

Applicants must generally be 18 years old and above, but individuals aged 12-18 may apply with the written consent of a parent or legal guardian.

Notably, no income document is required to submit an application.

How can I apply for the etc. Black Mastercard Prepaid Card?

To apply for the etc. Black Mastercard Prepaid Card, you must register through the etc. wallet mobile app (available on major app stores) and complete the mandatory e-KYC process.

Alternatively, employers can apply for their workers directly through Bayo Pay’s platform. A one-time Card Fee (Issuance Fee) of RM25.00 is typically charged when the card is issued.