THESE TERMS AND CONDITIONS GOVERN THE USE OF CIDB BAYO PREPAID CARD PROVIDED BY BAYO PAY (M) SDN BHD (HEREINFATER REFERRED TO AS “BPSB”).THESE TERMS AND CONDITIONS SHALL BE MADE KNOWN
TO THE CUSTOMER AT THE TIME OF APPLICATION, REGISTRATION FOR AND/OR AT THE TIME OF DELIVERY OF THE CIDB BAYO PREPAID CARD. BY ACKNOWLEDGING OF THE RECEIPT AND/OR USE OF THE CIDB BAYO PREPAID CARD IN SUCH FORM AND/OR MANNER AS DETERMINED BY BPSB, THE CUSTOMER IS ACCEPTING THESE TERMS AND CONDITIONS AND AGREES TO BE BOUND BY THIS AGREEMENT. BPSB RESERVES THE RIGHT TO MODIFY THESE TERMS AND CONDITIONS AT ANY TIME WITHOUT PRIOR NOTICE TO THE CUSTOMER. IF THE CUSTOMER DOES NOT UNDERSTAND ANY OF THE TERMS AND CONDITIONS, THE CUSTOMER MAY CONTACT BPSB CUSTOMER SERVICE FOR
||means a BPSB prepaid account assigned to a Customer which is linked to the Payment Instruments held by Customer where funds are stored and payments for purchases of goods and services effected by the use of CIDB Bayo Prepaid Card by the Customer and all fees and/or charges are debited.
||means any retail or other person, firm or corporation which
pursuant to a merchant agreement, agrees to accept or cause
its outlets to accept CIDB Bayo Prepaid Card when properly
||means the list of billing services made available in the Construx
Mobile Wallet App to the Customer for the payment of bills.
||means Bayo Pay (M) Sdn Bhd (Registration Number: 1191346-P)
||means this website located at URL: https://bayo.my
||means a day in which BPSB is open for business.
||means all fees, charges, commissions, costs, taxes and expenses required to be paid by the Customer under the Terms and Conditions to BPSB from time to time.
|“CIDB Bayo Prepaid Card” and “Payment Instrument”
||means payment mode in the form of physical Prepaid Card, Mobile Wallet or online virtual Prepaid Card issued by BPSB with BPSB services governed by these Terms and Conditions.
|Construx Mobile Wallet App
||means a mobile wallet is a way to carry the CIDB Bayo Prepaid
Card information in a secure digital form on the Customer’s
||means salary crediting platform which allows the convenient
payment of employee salaries to be credited into employee’s
Account maintained with BPSB.
|Construx Web Portal
||means the website that serves as a main entry point for Users
to get access to information on CIDB Bayo Prepaid Card.
||means the person to whom the CIDB Bayo Prepaid Card is
issued and registered.
||means payment option which is performed via a mobile device
where the mobile wallet’s monetary value is maintained on the
|“Partner” or “BPSB’s Partner”
||means a partner that collaborates with BPSB to sign up BPSB’s
Customers and distribute CIDB Bayo Prepaid Cards.
||means the Personal Identification Number provided by BPSB to
the Customer for the use in conjunction with the CIDB Bayo Prepaid Card.
||means EMV compliant chip card where the card's monetary
value is maintained on the BPSB system.
||means any goods or merchandise provided by the Authorised
||means the transaction of adding monetary value to the Account.
||means any services provided by BPSB to facilitate payment by
the Customer, using any BPSB payment instrument as mode of payment.
||means amount in the Account that is available for Transaction
using the CIDB Bayo Prepaid Card.
|Stored Value Currency
||means currency in Ringgit Malaysia (RM).
||means all transaction effected through the use of the CIDB
Bayo Prepaid Card.
|Virtual Prepaid Card
||means online payment option which is accepted online via
Construx Web Portal and/or Construx Mobile Wallet App and its monetary value is maintained on the BPSB system.
2 REGISTRATION, ELIGIBILITY AND ISSUANCE
2.1 Application may be done online (via BPSB’s Web Portal or BPSB Mobile App) or through BPSB business partner.
2.2 A Customer who submits the application online and requests for a Prepaid Card will be required to wait for BPSB to courier the CIDB Bayo Prepaid Card to the Customer’s registered address.
2.3 To register for the CIDB Bayo Prepaid Card, the Customer must be at least eighteen (18) years of age. Anyone below eighteen (18) years old may still register subject to their parent’s or legal guardian’s written consent to the application for the CIDB Bayo Prepaid Card.
2.4 For the purpose of conducting BPSB's business (including relevant online services), BPSB may collect from the Customer and hold some or all of the personal data such as, but not limited to, the following to enable BPSB to provide service to the Customer:
(a) Name as per identification document;
(c) Contact details, including address, telephone number and email address;
(d) Information for the verification of identity, including identification document type and identification number;
(e) Age and date of birth.
2.5 The Customer is required to provide true, correct and complete personal details. BPSB shall not be liable for any implication that may arise as a result of any mistake or erroneous information in the Customer’s application details.
2.6 In the event BPSB finds that the Customer has created a forged application or used forged data in the Customer’s application for the CIDB Bayo Prepaid Card, BPSB shall at any time be entitled to immediately block, cancel or terminate the Customer’s application or the Customer’s CIDB Bayo Prepaid Card (as the case may be) without any prior notice to Customer and BPSB shall be entitled to retain any balances of funds in the Customer’s Account and BPSB shall not be held liable for any loss or damage suffered by the Customer for the same. BPSB shall further be entitled to take any action against the Customer as may be deemed necessary or as may be required under governing laws or by the relevant governing authorities.
2.7 BPSB reserves the right to refuse and reject any application for the CIDB Bayo Prepaid Card and/or decline to issue a CIDB Bayo Prepaid Card at BPSB’sole and absolute discretion without assigning any reasons whatsoever, and BPSB’s decision shall be final and conclusive.
2.8 One Customer is allowed to have multiple Accounts which may consist of BPSB Prepaid Card, BPSB Mobile Wallet and BPSB Virtual Prepaid Account. Ownership of these Accounts are not transferrable.
3 USE OF THE CARD
3.1 The CIDB Bayo Prepaid Card shall at all times remain the property of BPSB and the Customer shall not transfer the CIDB Bayo Prepaid Card to any other person without the approval of BPSB in writing. BPSB may also impose such terms and conditions as BPSB deems fit at its absolute discretion.
3.2 The Customer shall:
(a) take reasonable care of the CIDB Bayo Prepaid Card and mobile device to prevent loss, theft, damage and/or tampering;
(b) immediately notify BPSB in the event of loss, theft, unauthorized use and/or tampering. The Customer shall remain liable for all loss and damage incurred by BPSB in these events;
(c) not use CIDB Bayo Prepaid Cards for illegal and/or unlawful activities or allow another to use the Account for illegal and/or unlawful activities;
(d) not tamper with, reverse-engineer or copy, or allow another to do the same, to the CIDB Bayo Prepaid Card;
(e) maintain adequate security and control of any and all IDs, passwords, PINs, or any other codes that is used to access the BPSB Services;
(f) comply to with all requirements, directions, instructions and guidelines for the use of the CIDB Bayo Prepaid Card as communicated to the Customer from time to time;
(g) use the CIDB Bayo Prepaid Card at Authorized Merchants based on the remaining Stored Value of the Account;
(h) be liable for all charges whatsoever arising from all transaction, whether authorized or unauthorized, effected with the CIDB Bayo Prepaid Card;
(i) notify BPSB promptly in writing of any changes in the Customer’s personal information.
3.3 BPSB is under no obligation to replace or compensate the Customer for lost, stolen,damaged, faulty, tampered and/or unauthorized Reload.
3.4 BPSB shall not be liable for any act, refusal and/or omission by any Authorized Merchants to accept the CIDB Bayo Prepaid Card nor shall BPSB be liable for any defect or deficiency in any of the Services provided by any Authorized Merchant.
3.5 BPSB may at its sole discretion cancel, suspend, revoke or restrict the Services of CIDB Bayo Prepaid Card without prior notice and/or compensation to the Customer upon the occurrence of any one of the following events:
(a) use of the CIDB Bayo Prepaid Card for any fraudulent, illegal and/or unlawful purpose including but not limited to breach of legislation, regulation and/or guidelines under the Financial Service Act 2013 (FSA) and/or Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLA);
(b) any technical failure in the Service network;
(c) breach of any Terms and Conditions contained herein by the Customer;
(d) use of invalid CIDB Bayo Prepaid Card;
(e) any act or omission of the Customer which may in the opinion of BPSB cause
damage or interruption to the Service.
Upon cancellation, suspension, revocation, or restriction of the CIDB
Bayo Prepaid Card due to any of the above events, BPSB shall retain any
and all monies for an indefinite period of time in accordance with
applicable legislation, regulation and/or guidelines. The Customer shall
not be entitled to obtain any refund on the Stored Value of the Account
and claim compensation for any loss arising.
3.6 BPSB shall at its sole discretion cancel, cease or suspend the Services or
CIDB Bayo Prepaid Card with reasonable notice prior or pursuant to any
activities in respect of the upgrading, modification and/or maintenance
of the Service or CIDB Bayo Prepaid Card.
3.7 The Customer acknowledges that the Authorised Merchants shall at all
times be liable and responsible for all goods and services sold/provided
to the Customer. By receiving the Authorised Merchants’ goods and
services, the Customer agrees to abide by the terms and conditions
applicable to the goods and/or services offered by the Authorised
Merchant to the Customer.
3.8 The Customer must ensure that there are sufficient funds in the Account
to pay for each Transaction including the applicable fees and charges imposed for the Transaction (if any). If the Stored Value balance is insufficient, the Transaction will be declined.
3.9 Preauthorisation hold is a process where BPSB’s system automatically
withhold a preauthorisation amount from the Stored Value. It may apply
to petrol kiosks, hotel, cruise and car rental. This preauthorised amount
shall be released once BPSB receives claim on actual amount from the
3.10 The maximum Stored Value in an Account is Ringgit Malaysia Ten
Thousand (RM10,000.00) only or any amount may be determined by BPSB.
4 FEES AND CHARGES
The Customer agrees to pay and authorises BPSB to debit his/her Account for the following fees and charges:
(a) Any fees and charges applicable for the CIDB Bayo Prepaid Card and Services:
i. full details of all applicable fees and charges relating to the CIDB Bayo Prepaid Card and Services are posted to BPSB’s website; and
ii. the fees or charges may be subjected to changes from time to time at the sole discretion of BPSB with such changes posted to BPSB’s website;
(b) Legal fees and other expenses incurred by BPSB in the enforcement of BPSB’s right and entitlement under these Terms and Conditions and the recovery of monies owed by the Customer to BPSB under his/her Accounts;
(c) any other reasonable fees and charges imposed by BPSB for service
rendered to the Customer.
5 OVERSEAS TRANSACTION AND FOREIGN CHARGES
5.1 The Customer may use the CIDB Bayo Prepaid Card at Authorised
Merchants outside Malaysia.
5.2 Any Transaction performed otherwise than in the Stored Value Currency
shall be converted into the Stored Value Currency at such exchange rate as may be determined by BPSB at its sole discretion. A conversion fee which shall be determined by BPSB from time to time will be added to the converted amount.
5.3 The Customer shall authorise BPSB to take such step to comply with the
relevant Exchange Control Regulation issued by Bank Negara Malaysia in respect of any overseas Transaction.
6 CARD ACTIVATION
6.1 The Customer must first activate CIDB Bayo Prepaid Card before its
usage or reload money onto the CIDB Bayo Prepaid Card. Activation or reload money can be done via Construx Portal or Construx Mobile
6.2 To activate CIDB Bayo Prepaid Card, the Customer must register as User
of BPSB Construx Web Portal and/or Construx Mobile Wallet App User. Once registration is successful, User may activate the card and create PIN.
6.3 The Customer is advised to change the PIN regularly in Construx Web
Portal and/or Construx Mobile Wallet App.
7 TERMINATION OF CIDB BAYO PREPAID CARD/ACCOUNT
7.1 BPSB reserves the right, at its sole and absolute discretion, to invalidate, cancel and/or terminate the CIDB Bayo Prepaid Card and/or Account, or to suspend and/or restrict the usage of the CIDB Bayo Prepaid Card at any given time, without having to give notice or assign any reason whatsoever to the Customer, with immediate effect from the date of notice of termination.
7.2 The Customer hereby agrees to release BPSB from any liability and to
indemnify BPSB and hold it harmless against any claims or demands whatsoever arising directly or indirectly from the suspension of,
withdrawal of, or refusal to effect any Transaction on CIDB Bayo Prepaid Card including any purported claim for defamation or any losses whatsoever.
7.3 Upon the termination of the CIDB Bayo Prepaid Card and/or Account,
all monies owing to BPSB under the CIDB Bayo Prepaid Card and/or Account shall become payable immediately.
8 LOSS OR THEFT OF PAYMENT INSTRUMENT
8.1 In the event of loss or theft of the Customer’s mobile device or Prepaid
Card, the Customer must notify BPSB immediately. All lost or stolen CIDB Bayo Prepaid Card may only be invalidated by BPSB upon the:
(a) verbal (telephone) notification by the Customer with BPSB’s authorised officer (“verbal notification”); or
(b) written notification addressed to BPSB via letter and transmitted
by hand/mail / fax (“written notification”).
8.2 BPSB is only able to deactivate the CIDB Bayo Prepaid Card upon receipt
of proper notice of loss or theft. BPSB will not be liable for any losses, damages, and unauthorised transaction where the Customer fails to properly notify BPSB of the loss or theft.
8.3 As a matter of prudence, BPSB advises the Customer to lodge a police
report immediately as soon as possible to substantiate the Customer’s claim of loss or theft of CIDB Bayo Prepaid Card. BPSB may at its own discretion on a case to case basis ask the Customer for a copy of the police report confirming the incident. BPSB shall not be responsible or be held liable for any disputes or losses suffered by the Customer in relation to any transaction incurred from unauthorised usage of the CIDB Bayo Prepaid Card, if the Customer is unable to provide a copy of the police report when requested by BPSB.
8.4 The Customer shall be and remains liable for all transaction incurred
from unauthorised usage of the CIDB Bayo Prepaid Card, where investigations made by us or the police reveals that the Customer is a
party in the procurement of any merchandise or services from the merchants effected through the use of the CIDB Bayo Prepaid Card by
the use of any unauthorised person. The Customer shall be liable for such unauthorised transaction before BPSB receives written
notification of the loss or theft.
8.5 Upon the loss or theft of the Customer’s CIDB Bayo Prepaid Card or
upon discovery that unauthorised person or persons have acquired knowledge of the PIN or use of the Customer’s CIDB Bayo Prepaid Card
not authorised by the Customer, the Customer may request BPSB to issue a replacement CIDB Bayo Prepaid Card and BPSB shall have the right at its own sole discretion to accept or to refuse such request without having to assign any reason whatsoever. BPSB is under no
obligation to issue a replacement CIDB Bayo Prepaid Card automatically following its loss or theft.
9 RELOAD SERVICE/MAXIMUM STORED VALUE/DEBIT BALANCE
9.1 The maximum Stored Value that the Customer may reload to the
Account is Ringgit Malaysia Ten Thousand Only (RM10,000.00) or any amount as may be determined by BPSB.
9.2 The Reload can be performed in the following manner or such other
manner which BPSB may prescribe from time to time:
(a) transfer funds from any of the Customer’s other Accounts
maintained with BPSB in the manner permitted by BPSB;
(b) debit funds from Customer’s CASA maintained with other banks
(c) salary crediting via Construx Payroll into Customer’s Account.
9.3 All reloads shall not be considered to have been made until all relevant
funds have been received and processed as good value by BPSB. Reloading of additional monies to the Account may be delayed.
Consequently, the monies transferred will not be available for Customer’s usage and BPSB shall not be held responsible for any delay
in transferring the monies to the Account.
9.4 BPSB shall not be liable or responsible for any cost, lost, or damages
(whether direct or indirect), or for loss of revenue, loss of profits or any consequential loss whatsoever as a result of delay in reloads, including salary crediting into Customer’s Account.
10 AFFIN BANK VIRTUAL ACCOUNT NUMBER
10.1 The Affin Bank Virtual Account Number is a channel where Customer is able to reload their Account maintained with BPSB through online or offline bank transfer.
10.2 An Affin Bank Virtual Account Number will be provided by BPSB to the Customer after the Customer has registered for CIDB Bayo Prepaid Card and has been approved by BPSB. Customer can view their Affin Bank Virtual Account Number in their BPSB’s Mobile App.
10.3 In addition and without prejudice to any right or remedy which BPSB may have (at law or otherwise), as long as BPSB acts in good faith in providing the Affin Bank Virtual Account Number, BPSB shall not be liable to the Customer in respect of any and all liabilities, losses (including indirect and consequential losses), damages, costs, charges and expenses of whatsoever nature or however arising, including legal fees whatsoever suffered by the Customer in relation to the Affin Bank Virtual Account Number unless directly caused by BPSB’s gross negligence, default or fraud.
10.4 Funds shall be disbursed into Customer’s Account according to the scheduled intervals posted on BPSB’s Website. It is BPSB’s sole discretion to determine the scheduled intervals and it may be updated from time to time. BPSB shall not be liable if there is any delay to the disbursement of funds due to whatsoever reasons.
11 DOMESTIC FUNDS TRANSFER
11.1 Domestic Funds Transfer means funds transferred between the
11.2 Both the sender and recipient of the funds transfer must each have an
11.3 It is the responsibility of the Customer to ensure the accuracy of the
information provided for each funds transfer, including the email address or telephone number as well as Account number of the
recipient and the amount to be transferred.
12 REMITTANCE AND CURRENCY EXCHANGE SERVICES
12.1 A Customer may remit funds in the Construx Mobile Wallet App to
recipient residing outside Malaysia via a licensed remittance company(ies) which BPSB has a collaboration with (“Remittance Company”).
12.2 The exchange rate shall be determined by the Remittance
12.3 A remittance fee (at such rate to be determined by the Remittance Company from time to time) will be charged to the Customer.
12.4 It is the responsibility of the Customer to ensure the accuracy of the
information provided for each remittance.
12.5 If there is any delay in the transfer of funds due to whatsoever reasons,
the Customer shall not hold BPSB and/or the Remittance Company liable for the delay.
12.6 The Customer shall be bound by the Terms and Conditions set by BPSB
and/or the Remittance Company and shall authorise BPSB and/or the Remittance Company to take such step to comply
with the relevant regulations and/or guidelines issued by the relevant regulatory bodies.
12.7 For avoidance of doubt, BPSB is not a licensed remittance company. All
remittance transaction are undertaken by the Remittance Company and are subjected to the Terms and Conditions of the
13 BILL PAYMENT
13.1 BPSB may at any time and from time to time, without prior notice and
at its absolute discretion, withdraw any of the Billers from its list or amend its list of Billers without assigning any reason thereof and the Customer agrees that BPSB shall not be liable for any loss or damage which the Customer may suffer as a result of the BPSB's actions.
13.2 The bill payment service shall be used only for the purpose of settling
bills to Biller as may be determined by BPSB from time to time. The customer shall abide to the procedures, requirements and terms of
each Biller in respect of settling their respective bills.
13.3 It is the responsibility of the Customer to ensure the accuracy of the
information provided about each bill payment, including the bill payee, bill account number and the amount of the transaction.
13.4 The Customer agrees that, by scheduling a payment, the Customer
authorises BPSB, the Biller to which the payment is scheduled and their respective agents, to initiate debit entries into the Customer’s Account in such amount as is necessary to pay the Biller's bill, and to initiate any debit or credit entries to the Customer’s Account necessary to correct any error in a payment. This authorisation shall remain in full force and
effect until BPSB has received notice from the Customer of the termination of such authorisation.
13.5 BPSB shall not be under any duty to ensure punctual payments of bills
by the Customer and neither shall BPSB be under any duty to monitor payment of bills or to notify any person of the late payment for any bills.
13.6 BPSB is not responsible to assist in resolving any dispute Customer
might have with any Biller and Customer is to resolve any dispute directly with the relevant Biller.
13.7 Payments are limited to domestic (Malaysia) Billers and must be made
in Ringgit Malaysia. Other limitations on payments through the Service may be incorporated within Terms and Conditions.
14 CUSTOMER’S OBLIGATIONS
Obligations of the Customer include:
(a) take reasonable care of the CIDB Bayo Prepaid Card and mobile device to
prevent loss, theft, damage and tampering;
(b) not to use BPSB’s Products and Services for illegal activities or allow
another to use the Account for illegal activities;
(c) not to tamper with, reverse-engineer or copy, or allow another to do the
same, to the CIDB Bayo Prepaid Card;
(d) not to use the CIDB Bayo Prepaid Card with readers that are not meant
for BPSB’s Products and Services;
(e) the CIDB Bayo Prepaid Card shall remain the property of BPSB at all times
and the Customer shall not transfer or otherwise part with the control or possession of the CIDB Bayo Prepaid Card for any use or purpose unauthorised by BPSB;
(f) maintain adequate security and control of any and all IDs, passwords,
personal identification numbers (PINs), or any other codes used to access the BPSB Services;
(g) notify BPSB promptly in writing of any changes to the particulars of the
Customer given to BPSB during application / registration and to further provide other details to BPSB which may be requested by BPSB from time to time;
(h) ensure that the total Stored Value amount shall not exceed Ringgit
Malaysia Ten Thousand Only (RM10,000.00) or any amount as may be determined by BPSB;
(i) ensure that the transaction used and monies or funds used for Reload
are neither obtained from any unlawful source nor related to any unlawful activities as specified under Financial Services Act 2013 (“FSA”) and Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (“AMLA”);
(j) the use of the CIDB Bayo Prepaid Card shall be subject to all provisions of
FSA, AMLA and all regulations and directives made thereunder the Bank Negara Malaysia. If BPSB believes on reasonable grounds that making the Transaction may breach any of the laws of Malaysia or any other country, BPSB may at its sole discretion delay, block or refuse to make transaction and BPSB will incur no liability to Customer if BPSB do so. The Customer agrees to release BPSB from all liability and to indemnify and hold BPSB harmless from any losses or damages the Customer may suffer as a consequence; and
(k) the Customer acknowledges that BPSB may have to act promptly and on
limited information if there is a suspicion of fraud, money laundering or other illegal activities.
15 REPLACEMENT OF CIDB BAYO PREPAID CARD
15.1 In the event the CIDB Bayo Prepaid Card is damaged, the Customer
must return the damaged CIDB Bayo Prepaid Card to BPSB and follow prescribed procedures to obtain a new CIDB Bayo Prepaid Card.
15.2 BPSB reserves the right to charge a reasonable fee for the replacement
CIDB Bayo Prepaid Card.
15.3 If BPSB approves the Customer’s request for a replacement of CIDB
Bayo Prepaid Card, and upon proper verification, BPSB will issue a new CIDB Bayo Prepaid Card to the Customer with a new card number. The balance of funds (less applicable fees and charges) from the Customer’s previous lost or stolen blocked Account will be transferred to the New Card Account accordingly.
15.4 If BPSB does not issue to the Customer a replacement CIDB Bayo
Prepaid Card, the balance in the Account of the Customer’s lost or stolen Card (less any applicable fees and charges) will be refunded to the Customer via cheque or by depositing it into the Customer’s bank account (provided that the Customer has given BPSB his/her banking account details) or in any other manner in accordance with BPSB’s internal policies.
16.1 Where there is no activity for a consecutive twelve (12) months with any
Payment Instrument, the CIDB Bayo Prepaid Card/Account shall be deemed as dormant. BPSB reserves the rights to terminate the dormant
CIDB Bayo Prepaid Card/Account.
16.2 In the event the dormant CIDB Bayo Prepaid Card/Account has balance
after the 6 years’ period, BPSB shall terminate the dormant CIDB Bayo Prepaid Card/Account and thereafter the balance shall be transferred to Registrar of Unclaimed Money in accordance to Unclaimed Moneys Act 1965.
16.3 Prior to termination of the dormant CIDB Bayo Prepaid Card/Account,
the Customer may submit the request for a refund on the balance (less the applicable fees and charges) remaining in the CIDB Bayo Prepaid Card/Account before the dormant CIDB Bayo Prepaid Card is terminated by BPSB.
17 EXPIRED CARD
17.1 The CIDB Bayo Prepaid Card is valid for 5 years or a date determined by
BPSB from time to time at BPSB’s sole discretion.
17.2 Once the CIDB Bayo Prepaid Card expired, the Customer may
encounter usage failure.
17.3 Upon expiry of the CIDB Bayo Prepaid Card, Customer may request
BPSB to renew the card. The renewal of a new CIDB Bayo Prepaid Card shall be at BPSB’s sole and absolute discretion.
18 REFUND AND CANCELLATION
18.1 The refund of CIDB Bayo Prepaid Card is available in the following cases:
(a) BPSB deducted Customer’s Account more than once (multiple
times) for the same Product/Service;
(b) the Customer’s Account is terminated due to certain reasons and
with balance in the Account;
(c) the Reload amount deducted from Customer’s account maintained
with his/her bank, but the said amount has not been credited to CIDB Bayo Prepaid Card/Account.
18.2 BPSB may request the Customer to provide supporting documents for
the abovesaid refunds.
18.3 For cancellation of a purchase order, the Customer can either call the
Authorised Merchant or visit the Authorised Merchant’s stores to request for a refund directly from the Authorised Merchant. BPSB shall only refund to the Customer if the Authorised Merchant had initiated the valid refund procedures.
19 TRANSACTION DISPUTES
19.1 The Customer must inform BPSB of any disputes within fourteen (14)
business days from date of transaction or date of payment sent. BPSB is not obligated to entertain any dispute filed after this time frame.
19.2 BPSB will follow up within seven (7) business days to request for
supporting documents from the Customer.
19.3 When requested, the Customer is given up to seven (7) business days
to produce the receipt and other supporting documents.
19.4 In the event where the Customer disputes a transaction, BPSB reserves
the right to review the situation and communicate with the Authorised Merchants to propose a solution and appropriate actions.
19.5 In the event the investigations and verifications conducted by BPSB
reveals that the disputed transaction(s) was (were) accurate, genuine and properly authorised by the Customer, the Customer shall then be liable for all the disputed transaction(s).
19.6 BPSB will resolve the dispute within sixty (60) business days from date
of the dispute being filed. However, for complex dispute cases that cannot be completed within the stated duration, BPSB shall notify the Customer the delay and the reason for such delay.
20 EXCLUSION OF LIABILITY
20.1 BPSB, its officers, employees, and/or its affiliates shall not be liable to the Customer or any third party authorised by or claiming through Customer for any loss or damage, whether direct, indirect, special or consequential, or for loss of business, revenue or profits or of any nature suffered by the Customer or any person authorised by the Customer, or any loss, damage or injury caused to or suffered by a person or damage to property arising from or occasioned by:
(a) the use or inability to use by Customer or any persons authorised by Customer, of the Services or any part thereof;
(b) any malfunction, unauthorised use, cloning of or defect in the Services or CIDB Bayo Prepaid Card or any part thereof for whatever reasons;
(c) any act, omission, error, default or delay by BPSB, its officers, employees and and/or its affiliates in relation to the Services;
(d) in respect of any representation or implication that may arise as a result of:
- any cancellation or refusal to renew or reissue new CIDB Bayo Prepaid Card by BPSB;
- any suspension or restriction imposed by BPSB on the use of the CIDB Bayo Prepaid Card;
- circulation of the particulars of invalidated CIDB Bayo Prepaid Cards to the Authorised Merchants;
- withdrawal of any benefits or privileges conferred on the Customer under the CIDB Bayo Prepaid Card;
(e) any act, omission, error, default or delay by BPSB, its officers, employees and and/or its affiliates in relation to the Services;
(f) due to any retention of the CIDB Bayo Prepaid Card and/or
refusal by any Authorised Merchants to honour the CIDB Bayo Prepaid Card;
(g) in respect of any statement, representation or communication
made by any Authorised Merchants;
(h) as a result of defect or deficiency in goods purchased or services
rendered by any Authorised Merchants; and/or
(i) due to any act/omission beyond the reasonable control of BPSB.
20.2 Without limiting the generality of BPSB, its officers, employees, and/or
its affiliates shall not be liable to the Customer or any third party authorised by or claiming through the Customer for:
(a) any claim for libel, slander, infringement of any intellectual
property rights arising from the transmission and receipt of material in connection with the Services and any claims arising
out of any act or omission on the Customer part in relation to the Services or any part thereof;
(b) any loss or damage caused to the Customer as a result of the
suspension/ termination of the Services and the interruption/ loss of the Services or any part thereof from any cause;
(c) any loss, distortion or corruption of data arising from the use of
the Services any unlawful or unauthorised access to the
Customer’s CIDB Bayo Prepaid Card ’s data; and
(d) interruption or unavailability of the Services as a result of
including but not limited to software issues, equipment failure or congestion in the affiliates’ network.
The Customer agrees to indemnify, hold harmless and defend BPSB and its
affiliates against any loss and damage that may be the caused from or relating to:
(a) Breach of Terms & Conditions mentioned herein.
(b) Improper use of the BPSB Web Portal and/or BPSB Mobile App
Services by Customer.
(c) Any claim made by third parties arising from issues relating to
any failure, delay or interruption of the products and/or Services as provided by BPSB Web Portal and Mobile App Services due to
error in the information provided by the Customer including misidentification recipient, incorrect account holder’s name and
(d) The use of products/BPSB Web Portal and BPSB Mobile App
services in any manner which violates the Terms & Conditions or otherwise violates any laws, rules or regulations.
22 PROTECTION OF PERSONAL INFORMATION
22.1 BPSB has to obtain personal information of the Customer in order to
provide the Products and Services to the Customer.
22.2 BPSB will not sell or rent personal information to third-parties without
the consent of the Customer.
22.3 BPSB will erase the Customer’s personal data which are no longer
necessary for the fulfillment of the purposes for which they are to be used.
22.4 The Customer also have the right to ask BPSB to correct personal data
which are considered as inaccurate by writing/calling to BPSB.
23 CONSENT TO DISCLOSURE OF INFORMATION
23.1 The Customer hereby warrants and undertakes that all personal
information provided by the Customer to BPSB is true, accurate and complete.
23.2 The Customer hereby irrevocably authorises and consents to BPSB
disclosure of any information or document relating to the Customer’s CIDB Bayo Prepaid Cards, Accounts, other particulars or affairs
(financial or otherwise) or such other information as BPSB may at BPSB sole and absolute discretion deem fit to Bank Negara Malaysia and any other relevant authority having jurisdiction over BPSB and/or the authorised Merchant or related corporations and associates, and to such other party whomsoever and for such purposes as BPSB may at BPSB sole and absolute discretion, deem fit.
23.3 The Customer acknowledges and agrees that in order for BPSB to
provide the Services and/or privileges of the CIDB Bayo Prepaid Card, the sharing, retrieval, updating and processing of the Customer
personal data will occur between CIDB Bayo Prepaid Cards, BPSB affiliates and any third party in connection with the provision of the
CIDB Bayo Prepaid Card and the Customer have consented to the same.
23.4 The Customer agrees that where the Customer’s written permission is
required by law or otherwise for any disclosure by BPSB and any of BPSB officers, employees, contractors or service providers, the signing of the CIDB Bayo Prepaid Card registration form and/or the signing of the CIDB Bayo Prepaid Card and/or usage of the CIDB Bayo Prepaid Card shall constitute and be deemed to be sufficient written permission for such disclosure.
23.5 The Customer undertakes to hold BPSB harmless and keeps BPSB fully
indemnified from and against all claims, losses, damages (including direct or indirect damages) or liability whatsoever and howsoever
arising out of such disclosure of information by BPSB or any error, inaccuracy or misstatement of such information whether caused by
BPSB or due to system or technical default or failure or otherwise.
24 CHECKING TRANSACTION RECORDS
24.1 The Transaction history (i.e., Customer Account Statement) comprising
of a statement detailing the Customer’s account transaction, fees & charges, total account balance and all other important information shall be available online under Customer Account profile on the BPSB Web Portal and BPSB Mobile App.
24.2 The Customer is required to login his/her BPSB Account by using his/her
own user ID and password to:
(a) View Transaction history; and/or
(b) Download and/or print Transaction history.
24.3 A hard copy of the Transaction history is available upon request via
BPSB Web Portal and BPSB Mobile App or call to Customer Service. All issuance of hard copies is subject to service charges determined by BPSB.
25 ONLINE USE POLICY
25.1 Links to third party websites or information are provided for the
Customer convenience only. If the Customer uses these links, the
Customer will leave this Site and will be subjected to the terms
contained on any such third party websites. BPSB is not responsible for
the availability of any such third party websites. BPSB has not reviewed,
is not responsible for, and accepts no liability in respect of, any
information or opinion contained on any such third party websites.
25.2 BPSB web servers are protected by appropriate firewalls which will be
kept up-to-date. However, as the security of ordinary email cannot be
guaranteed, the Customer should not send to BPSB any email
containing any Personal Data.
25.3 Due to the nature of the Internet, transaction conducted or email
messages sent through this Site may be subject to interruption,
transmission blackout, delayed transmission or incorrect data
transmission. Under no circumstances shall BPSB be held liable for any
25.4 BPSB web servers may also collect data relating to Customer’s online
session including the Customer’s IP address and/or domain name, the
use of which is to provide aggregated, anonymous, statistical
information on the server's usage so that BPSB may better meet the
demands and expectations of browsers to BPSB website.
anonymous unique identifier. Cookies are small bits of information that
are automatically stored on a person's web browser in their computer
that can be retrieved by this site. The information collected by cookies
is anonymous aggregated research data and contains no name or
address information or any information that will enable anyone to
contact the Customer via telephone, email or any other means. Most
browsers are initially set to accept cookies. If the Customer would so
prefer, the Customer can set their browser to disable cookies. However,
by disabling them, the Customer may not be able to take full advantage
of BPSB’s website, including online services.
26 TRADEMARKS, LOGOS AND THE COPYRIGHT
26.1 The trademarks, logos and the copyright of the content or information
on this Site are owned by the BPSB or other service providers authorising their use on this Site. These may not be used without the written permission of BPSB or the relevant intellectual property rights
26.2 No part of this Site may be modified, reproduced, stored in a retrieval
system, transmitted, copied, distributed, or used in any other way or for any purpose without the BPSB’s prior written consent.
27 CHANGE IN THE AGREEMENT
27.1 BPSB may at its absolute discretion amend, vary or delete any of the
Terms and Conditions herein at any time and from time to time by
giving a twenty-one (21) days’ notice.
27.2 Any such amendment shall be effective and binding on the Customer
from the date specified in the notice which may be given to the
Customer in any one of the following manners:
(a) by posting on BPSB Website;
(b) by display at BPSB’s premises;
(c) by electronic mail to the Customer last known electronic mail
address in BPSB’s records;
(d) by ordinary post to the Customer last address in BPSB’s records;
(e) by short messaging system (SMS); or
(f) by notice to the Customer in any other manner as BPSB may
deems fit, and the Customer shall be considered to have accepted the changes
and agreed to such amendments if the Customer continues to keep or
use the CIDB Bayo Prepaid Card thereafter.
28.1 All notices, requests and/or other communications to BPSB must be
communicated to the following address:
Customer Service Department
Bayo Pay (M) Sdn Bhd
No. 72-3, Jalan PJU 5/22, Encorp Strand
Pusat Perdagangan Kota Damansara
Kota Damansara PJU5
47810 Petaling Jaya, Selangor
Tel. No. : 603 – 7621 5151
Fax No.: 603 – 7662 1264
E-mail : email@example.com
Bank Negara Malaysia
Laman Informasi Nasihat dan Khidmat (LINK)
Ground Floor, D Block
Jalan Dato’ Onn
50480 Kuala Lumpur
Contact Centre (BNM TELELINK)
Tel No. : 1-300-88-5465 (Foreign: 603 – 2174 1717)
Fax No. : 603 – 2174 1515
Email : firstname.lastname@example.org
Ombudsman for Financial Services
29 SEVERABILITY OF PROVISIONS
Level 14, Main Block
Ground Floor, D Block
Menara Takaful Malaysia
No. 4, Jalan Sultan Sulaiman
50000 Kuala Lumpur
Email: enquiry @ofs.org.my
If any of the provisions of this Terms and Conditions becomes or is determined
to be invalid, illegal, or unenforceable in any respect under any law, rule or
regulation, the remaining terms of this Terms and Conditions shall not be
affected, and all other provisions of this Terms and Conditions will still be valid
30 GOVERNING LAW AND JURISDICTION
This Terms and Conditions shall be governed by and construed in accordance
with the laws of Malaysia. The Customer consents and agrees to submit to the
exclusive jurisdiction of the Courts of Malaysia concerning all matters arising out of or in connection with the Customer’s use of the Card under this Terms and
In the event of any inconsistencies between this Terms and Conditions and its
translation in any other language, the English language version of these Terms
and Conditions shall supersede and prevail over any other language.
32.1 Failure or delay by BPSB to exercise any right, power or privilege shall
not affect the Customer’s liability to BPSB nor shall any single or partial
exercise of any right, power or privilege prevents BPSB from further
exercising its right, power or privilege contained in these Terms and
32.2 The obligation of the Customer shall be binding on the Customer’s legal
representatives or successors in title.
32.3 In the event there is any uncertainty from these Terms and Conditions,
such uncertainty shall be resolved by BPSB. BPSB’s decision of the
meaning of any provision and where applicable, BPSB’s choice of the
appropriate provision to be applied to a particular situation shall be
final and binding on the Customer.
32.4 BPSB may at any time combine any or all the Customer’s Accounts with
BPSB and/or set-off or transfer any sum standing to the credit of such
accounts towards payment of all monies due.
33 FORCE MAJEURE
33.1 Without limiting the generality of any provision in these Terms and
Conditions, BPSB shall not be liable for any failure to perform its
obligations herein caused by any act of God, insurrection or civil
disorder, military operations or act of terrorism, all national or local
emergency, acts or omissions of government or any competent
authority including but not limited, labour trouble or industrial disputes
of any kind, fire, lightning, subsidence, explosion, floods, acts or
omission of persons or bodies, pandemic (including but not limited to
Covid-19 pandemic), outbreaks or any such breach, delay or failure
arising from such pandemic or outbreak, for whom BPSB has no control
over or any cause outside BPSB’s reasonable control.
33.3 The service may occasionally be affected by interference caused by
objects beyond BPSB’s control such as buildings, underpasses and
weather conditions, electromagnetic interference, equipment failure or
congestion in Mobile Payment System. In the event if such interference,
BPSB shall not be responsible for any inability to use or access the
service, interruption, or disruption of the service.
Revised: 22 August 2022