ASEAN Records is proud to officially recognise Alliance Bank Malaysia Berhad, through its Alliance Bank Visa Virtual Credit Card, for achieving:
First Bank-Issued Full-Fledged Virtual Credit Card System with Dynamic Subscription and One-Time Card Numbers Under a Single Cardholder
(Integrated with multiple major mobile wallet platforms, offering up to 5 supplementary virtual credit cards, instant redemption across 60+ merchants, up to 12-month flexi payment plan, launched in Malaysia in July 2026)
This recognition celebrates Alliance Bank’s achievement in developing a fully digital credit card system combining dynamic card numbers, supplementary virtual cards and integrated digital payment capabilities under a single cardholder.
Officially enhanced in July 2026, the Alliance Bank Visa Virtual Credit Card reflects the bank’s commitment to advancing secure, convenient and customer-focused digital banking solutions in Malaysia.
Introducing a Fully Digital Credit Card with Dynamic Card Numbers
The enhanced Alliance Bank Visa Virtual Credit Card (VCC) was officially launched on 31 July 2026, introducing additional digital payment features designed to improve convenience, security and financial control.
A defining feature of the system is its ability to generate dynamic subscription and one-time card numbers, allowing customers to use separate virtual card numbers for recurring payments and individual transactions.
By reducing the need to expose primary card details during online purchases, the technology provides an additional layer of protection while enabling cardholders to manage their digital spending through the allianceonline mobile application.
Offering Up to Five Supplementary Virtual Credit Cards
The enhanced system enables eligible primary cardholders to create up to five supplementary virtual credit cards, allowing family members to access controlled spending arrangements within the cardholder’s account.
Through the allianceonline application, cardholders can establish spending limits, monitor card activity and manage their virtual cards according to individual requirements.
The platform also incorporates freeze and unfreeze functionality, giving customers greater control over card availability and allowing them to respond promptly when additional security measures are needed.
Now Enabled with Apple Pay
Further enhancing the digital payment experience, the Alliance Bank Visa Virtual Credit Card now supports Apple Pay, allowing customers to make secure and convenient payments using compatible iPhones, Apple Watches, iPads and Macs.
Through Apple Pay, cardholders can make purchases in stores, online and within apps, using authentication features such as Face ID and Touch ID for a faster, more secure and private checkout experience.
Accepted by millions of merchants worldwide, Apple Pay complements the Visa Virtual Credit Card’s digital capabilities, making everyday transactions more seamless across supported Apple devices.
Supporting More Sustainable Banking Experiences
The fully digital nature of the Alliance Bank Visa Virtual Credit Card reduces the need for physical plastic cards and paper-based application processes, reflecting the bank’s commitment to more sustainable financial services.
The enhanced card was officially launched on 31 July 2026 at Sunway Pyramid, in conjunction with the Alliance Bank x Sayang Green 2.0 initiative, which encourages waste reduction, responsible consumption and environmentally conscious lifestyle choices.
By combining digital payment convenience with reduced reliance on physical materials, Alliance Bank continues to support more resource-conscious banking experiences while encouraging customers to adopt practical sustainability habits.
A Milestone Moment of Recognition
ASEAN Records recognition was officially presented on 20 October 2026 at Hyatt Regency Kuala Lumpur at KL Midtown, during the 10th Gather of Achievers – ASEAN Records & ASIA Records Gala Night 2026.
The recognition was received on stage by Michelle Chuah, Senior Vice President and Head of Credit Card and Personal Loan at Alliance Bank Malaysia Berhad, and Chan Fong, Alliance Bank Visa Virtual Credit Card Ambassador and Initiator of Sayang Green, representing Alliance Bank Malaysia Berhad and its digital banking, credit card product development and technology teams whose contributions supported the development of the enhanced Visa Virtual Credit Card.
Voices of Leadership
Reflecting on the recognition, Gan Pai Li, Group Chief Consumer Banking Officer of Alliance Bank Malaysia Berhad, shared:
“Receiving ASEAN Records recognition is a meaningful milestone for Alliance Bank and reflects our commitment to delivering innovative financial solutions that meet the evolving needs of our customers.
Through our enhanced Visa Virtual Credit Card, we have combined dynamic card numbers, supplementary card capabilities, mobile wallet integration and instant rewards within a fully digital banking experience. We believe that customers should have greater convenience, security and control over their everyday transactions.
This recognition encourages us to continue developing practical digital banking solutions while supporting more sustainable financial services and making everyday banking simpler for Malaysians.”
About Alliance Bank Malaysia Berhad
Alliance Bank Malaysia Berhad is a Malaysian financial institution providing comprehensive banking and financial solutions to individuals, small and medium enterprises, and corporate customers.
The bank offers services including personal banking, business banking, financing, credit cards, wealth management and digital banking solutions, supporting customers through different stages of their financial journeys.
Alliance Bank originally introduced its Visa Virtual Credit Card in April 2023, before unveiling an enhanced version in July 2026, incorporating supplementary virtual cards, instant merchant rewards and expanded digital payment capabilities.
Guided by its brand promise, “The Bank For Life,” Alliance Bank continues to focus on customer-oriented innovation, financial accessibility and sustainability through the development of modern banking solutions.
For more information, visit:
https://www.alliancebank.com.my/
