Stripe already processes Visa card payments on behalf of GSF. All Visa/Mastercard purchases on the platform are LIVE.
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⚡ NEXT — Enable Stripe Issuing (Visa Card Issuance)
Stripe Issuing lets you create and issue your own branded Visa virtual/physical cards. Full Visa card-issuing capability without direct Visa membership. Activate in one click.
Apply for Visa Developer production credentials. Access Visa Direct Push Payments (send money to any Visa card globally), Visa B2B Connect, Visa Token Service.
Designates the GSF ISO 8583 terminal as a licensed Malaysian payment network. Required for the terminal to process real card transactions independently.
RM 10M capital12-18 monthsPayment Systems Act 2003
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STEP 4 — Digital Bank License
Full banking license to operate as a licensed digital bank in Malaysia. 5 licenses were issued in 2022. Monitor BNM for next application window.
RM 100M capital18-36 months5 issued 2022 (GXBank, AEON, etc.)