Dapat Vista Partners with Bank Islam and Bank Muamalat to Enable Digital Bail Payment
by Fintech News Malaysia February 20, 2020Dapat Vista, Bank Islam, and Bank Mualamalat inked an agreement on Wednesday to launch a digital bail payment solution, eJamin. The solution is said to be the first digital bail payment solution in Malaysia and South East Asia. Dapat Vista is homegrown payment company who is known for launching their government e-payments service, MyPay just last year.
The eJamin solution allows bailors to post bail digitally. Bailors will no longer be required to go through the lengthy and time-consuming process of traveling between the court and the bank to open a surety account. eJamin allows bail payment to be made instantaneously via FPX online banking.
According to their press statement, the solution streamlines a process that used to take four to five hours to 30 minutes.
Bailors are required to complete an electronic form on eJamin with both their required personal details and that of the Accused’s. Once payment is made through the FPX online interchange, bail money is automatically routed to the designated Bank Islam or Bank Muamalat accounts. At the close of the case, bail money will be refunded to bailor’s bank account via eJamin with what they claim to be a “reasonably short time”
The eJamin service is available the following courts; Petaling Jaya, Kuala Lumpur, Shah Alam, Klang, Ampang, Selayang, Kajang, and Seremban.
Plans are to fully deploy at Courts throughout Malaysia by the end of 2020.
Signing of Collaboration Agreements between DAPAT Vista, Bank Islam Malaysia and Bank Muamalat Malaysia
