Alliance Bank and Mastercard Launch Biz-Xpress Debit Card to Empower Malaysian SMEs in a Digital-First Economy

Kuala Lumpur, 12 January 2026 - Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”) introduces its all-new Biz-Xpress Debit Card, with enhanced features to help small and medium enterprises (“SMEs”) manage business transactions with greater convenience, security, and rewards. This initiative reflects Alliance Bank’s commitment to driving financial inclusion and supporting SME growth, in collaboration with Mastercard’s global expertise in secure and seamless payment solutions.

The Biz-Xpress Debit Card comes at a time when SMEs are increasingly turning to digital payment solutions. According to Mastercard’s recent Q3 2025 SME Business Internal Report, 62% of SMEs in Malaysia engage in cross-border payments or collections, higher than the Asia Pacific average of 55%. Separately, Mastercard’s 2023 MSME Payment Methods Survey highlights that debit cards rank among the top three payment methods for business expenses in the Asia Pacific, with Malaysia recording them as the second most-used method. The report also found that businesses using dedicated business debit cards use them twice as much compared to those using personal cards, underscoring the need for tailored solutions that are secure, enhance efficiency and improve business agility.

Kellee Kam, Group Chief Executive Officer of Alliance Bank, said: “SMEs are the backbone of Malaysia’s economy, and their success is critical to national growth. At Alliance Bank, we are committed to being The Bank For Life for our customers by delivering solutions that make banking simpler, faster, and more rewarding. The Biz-Xpress Debit Card is more than a payment tool—it’s a gateway to convenience, security, and rewards that empower SMEs to manage finances better and compete in a digital-first economy. With SMEs increasingly engaging in cross-border transactions, this card ensures they have the flexibility and confidence to thrive locally and globally.”

Alliance Bank’s Biz‑Xpress Debit Card offers SMEs a reliable payment solution designed for modern business needs. It supports cash deposits and withdrawals, secure online and in-store purchases worldwide, foreign currency payments, and global ATM access for added convenience. Additionally, the card design inspired by Alliance Bank’s new headquarters reflects a modern and progressive image for business owners. Existing customers can easily upgrade by exchanging their current debit card for the new Biz‑Xpress Debit Card at any Alliance Bank branch starting January 2026.

In conjunction with the launch, Alliance Bank is offering exclusive offers from now until 30 June 2026:
 

• 1.5% cashback on overseas and online spending in foreign currencies.
• Spend & Win campaign: RM100 Shopee voucher for the first 300 customers who apply and spend a minimum of RM500 within 30 days of card issuance.

“As SMEs expand beyond domestic markets, the way they pay, get paid and manage liquidity becomes increasingly critical. Mastercard is committed to powering an inclusive digital economy that benefits everyone, everywhere. The Biz-Xpress Debit Card reflects this shared purpose - delivering solutions designed for businesses, catering to their needs as they operate at the pace modern commerce demands. By leveraging global acceptance, advanced security technologies, and data-driven capabilities, this collaboration helps SMEs unlock new opportunities, streamline operations, and stay competitive in an increasingly digital-first world,” said Beena Pothen, Country Manager, Malaysia & Brunei, Mastercard.

The Biz-Xpress Debit Card is available to new and existing customers at all Alliance Bank branches nationwide. For more details and terms and conditions of the Biz-Xpress Debit Card and offers, please visit www.alliancebank.com.my/business/SME/Cards/Alliance-Biz-Xpress-Card.