Quick Answer: Is BigPay A Bank?

Is BigPay an Ewallet?

BigPay.

Bonus: Created by AirAsia, the BigPay service is split across a Mastercard-backed prepaid card and an e-wallet.

The benefit of this is that it users are not confined to only using the mobile app to pay for things.

Instead, being free to use the prepaid card like a credit card..

What is the benefit of BigPay?

It will waive the 2% fee charged by overseas ATM withdrawals, waive processing fees by AirAsia, and the card is accepted anywhere a MasterCard is. Foreign exchange remittances and P2P payments can be done for no cost on BigPay.

Where can I withdraw money from BigPay?

If you need cash, you can use your BigPay card to withdraw money at any ATM locally or abroad that has a Mastercard logo.

How do I activate BigPay?

Login to your BigPay app:Tap I have received my card.Enter the 3-digit CVC found on the back of your card.Set your card PIN and your card is activated!

Can I use big pay for online shopping?

BigPay also has a feature where you can pay the “real exchange rate”. … This feature can also be used if you happen to be shopping online in an overseas store, and don’t want to pay those added fees again (there might be a fee in the future, but for now this is “waived until further notice”).

What is the best e wallet in Malaysia?

10 eWallets available in Malaysia 2020TransferWise. If you’re an expat or traveller in Malaysia, you might need to send money abroad regularly. … Touch ‘n Go eWallet. … GrabPay. … Boost. … WeChat Pay MY. … MAE. … BigPay. … AliPay.More items…•

Can BigPay transfer to bank account?

BigPay now lets you transfer money to local and international bank accounts. BigPay is now making it easier to transfer money using its prepaid Mastercard balance. They have just enabled local and international bank transfers on the official app.

Is big pay a debit card?

Unlike most e-wallets like vcash and FavePay, AirAsia’s BigPay is based on a Mastercard prepaid card that’s managed fully by its BigPay app. Since it works like a normal credit/debit card, users can make payments at over 35 million Mastercard merchants worldwide.

Can I use BigPay in USA?

You can use your BigPay card anywhere that accepts Mastercard. … This allows us to use the Mastercard foreign exchange rates for any payments you make overseas. After you’ve made a payment. You can check the rate we use by tapping on the transaction.

Can I use BigPay to pay credit card?

Any debit or credit card as long as it’s Visa or Mastercard. For now, we don’t accept American Express. We don’t charge any top up fees but when you use a foreign card, your card issuer may charge you a currency conversion fee.

How do I send money via BigPay?

😎 From the Payments tab in your BigPay app, select International Bank Transfer. Next, choose where you want to send money to and enter an amount. We’ll then show you how much your transfer would cost. If you’re happy with the rates, tap Next and enter the recipient details.

Is BigPay card good?

BigPay is a helpful service, with some strong features – especially if you’re spending and making withdrawals here in Malaysia. Accounts are free to open – and because you’ll be managing your money online and via the BigPay app, you’ll never need to wait in line in a bank branch again.

Can I use BigPay in China?

Send money to China with BigPay. Tired of spending 11% of your transfer on your bank? With BigPay, we give you great exchange rates, a fixed fee and your money will reach your recipient in just 15 minutes! Download the FREE BigPay app to send money to China.

How do you calculate big pay rate?

What’s the exchange rate on BigPay?Go to Mastercard currency conversion calculator.Choose the right currencies.Enter a transaction amount, or just ‘1’ if you want to know about the rate.Type 0.00% in the Bank Fee field (that’s what we don’t charge you ;)).Pick Malaysian Ringgit as your Card Currency.Hit Calculate and… voilà.

Which country can use BigPay?

BigPay has made it fast, simple and transparent for you to transfer money overseas from your app. You can transfer money from your BigPay account directly to bank accounts in Singapore, Thailand, the Philippines, Indonesia, India, Nepal, and Bangladesh. Click here for more details on transfer times by country.

Can I withdraw money from BigPay?

How do I withdraw money from BigPay? Easy! 😎 It’s the same as withdrawing money from your bank card. Head to the nearest Mastercard supported ATM, insert your BigPay card, enter your card PIN and make a cash withdrawal.

Who owns big pay?

Tony FernandesAirAsia founder and CEO Tony Fernandes officially unveiled BigPay, the budget airline’s new digital payments platform, at the Money 2020 conference in Singapore today.