Securities Commission Malaysia Launches New E-payment Platform ‘e-PATH’
by Fintech News Malaysia April 19, 2023The Securities Commission Malaysia (SC) has announced the launch of a new electronic payment hub known as e-PATH to provide a more seamless and secure way for market participants and the public to make online payments to the SC.
e-Path is part of the SC’s digital transformation initiatives and will be officially launched on 1 May 2023.
This will enable an easier online payment process for various regulatory and registration fees related to most submissions made to the SC which include fees for, among others, applications for initial public offerings, transfers of listing, as well as take-overs and mergers.
The SC said that this will help enhance the overall user experience through faster and more efficient processing of payments, integration with a range of payment methods, including credit and debit cards, online banking, and access to real-time tracking of payment status.
