![]() These include supporting friends or family, paying for someone's tuition, settling business transactions, purchasing or upgrading property, and many others. Still, we recommend using a global provider like Revolut because it offers excellent exchange rates, multi-currency balances, and a travel debit card that allows you to spend on your holiday like a local and enjoy peace of mind after each tap, swipe, or cash withdrawal.Įvery year, many people send money to Malaysia for all kinds of reasons. Moreover, many prepaid travel cards let you hold multi-currency balances, allowing you to dodge DCCs and other sneaky fees while travelling - all while providing the same level of security and convenience as you're used to from your credit or debit card!ĭepending on where you're from, you may be able to find a prepaid travel card from your bank. Of these methods, using a prepaid travel card is almost always the best way to pay in Malaysia because they generally incur lower fees on ringgit currency exchange than credit cards or bank debit cards do. Prepaid travel cards: A reloadable debit card with a ringgit balance can give you good value, security, and convenience.Mobile payments: Mobile payment services like Apple Pay, Google Pay, or Alipay are an increasingly popular way to pay, but you'll need to check beforehand how available these methods are in Malaysia.You can typically exchange currency at a bank or exchange bureau before or upon arrival. Cash: Having some ringgit banknotes could help for small purchases, tipping, and emergencies.Debit cards: Debit cards linked to your bank account let you make purchases at point-of-sale terminals and withdraw cash.Credit cards: Cards from VISA and Mastercard are accepted in Malaysia, especially in touristy establishments.Fortunately, many forms of payments have become ubiquitous around the globe, including: With its different currency, banking system, and money customs, figuring out the best way to pay in Malaysia if you travel there can be tricky.
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