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Merchantrade Approved for Digital Wage Payments in Sabah
Summary by Fintech News Malaysia
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Merchantrade Approved for Digital Wage Payments in Sabah
Merchantrade Asia Sdn. Bhd. has been officially recognised as an Approved Issuer of a Designated Payment Instrument (DPI) for the state of Sabah. Effective 1 December 2025, the mandate allows employers in the state to utilise Merchantrade’s digital platforms to manage wage payments for foreign employees in compliance with the Labour Ordinance of Sabah. Merchantrade received approval for Peninsular Malaysia back in August 2024, and this latest up…
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