# Merchantrade Money

> Multi-currency e-wallet and Visa prepaid card for global spending and money management. (iPhone/iPad app by MERCHANTRADE ASIA SDN BHD.)

- Source: https://appshunter.io/ios/app/merchantrade-money/id6689505138 (this page in markdown: same URL + `.md`)
- Developer: [MERCHANTRADE ASIA SDN BHD](https://appshunter.io/developer/1022449999)
- Category: Finance
- Price: Free
- Rating: 4.90/5 from 22 App Store ratings · 44 written reviews indexed
- Age rating: 4+
- Requires: iOS 15.5 · 160 MB
- Languages: American English
- Released: 2025-02-16
- Data updated: 2026-08-13
- Monetization: free with in-app purchases
- User reviews in markdown: https://appshunter.io/ios/app/merchantrade-money/id6689505138/reviews.md

## What is Merchantrade Money?

Welcome to the new Merchantrade Money app, now with a fresh look and upgraded features!

Enjoy the convenience of a multi-currency eWallet paired with a Visa prepaid card to use locally and globally.
Easily manage all your currencies in one place - save & spend seamlessly.

Own 20+ currencies
●	Buy, Keep & Sell 20 currencies at no conversion fees
●	Set favorite currencies for easier (quick) access
●	Pay with the Visa card in any currency with no transaction fees
●	Set rate alerts for the right time to Buy or Sell
●	Withdraw money from Visa Plus ATMs worldwide
●	Top-up using FPX (online banking), Debit Card, JomPAY, DuitNow
●	Pay or receive money with DuitNow QR. 
●	Link Visa card to popular international wallets or payment apps (Alipay, WeChat, Uber etc.)

Grow and manage your money better
●	Open a profit-earning Hybrid Current Account-i by AmBank Islamic from the app 
●	Get instant notifications on your transactions
●	Track your spending by month or year

Transfer money anywhere
●	Send money overseas to 13 countries
●	Rates and service fees offered at a highly competitive rate
●	Transfer to local bank accounts with DuitNow

Secure it your way
●	Freeze/unfreeze your card in the app
●	Control your card functions - payWave, ATM, online and overseas payments etc

Other features
●	Stay protected with Micro Insurance plans - Life Insurance, Travel Insurance, Personal Accident Insurance
●	Pay utility bills
●	Reload mobile credit (local & overseas)
●	Send money to other users with Card-To-Card transfers

Get support anywhere you are
●	In-app Live Chat support

Brought to you by Merchantrade Asia, Malaysia’s largest Money Services Business operator, leading fintech company, and fast-growing e-Money issuer.
This app is developed for Merchantrade Money Visa Prepaid Card users and is for registrations in Malaysia only.

## Key features

- Multi-currency e-wallet
- Visa prepaid card
- Buy, keep, sell 20+ currencies
- No conversion or transaction fees
- International money transfers
- Profit-earning Hybrid Current Account-i
- In-app Live Chat support

## What do users think of Merchantrade Money?

Overall sentiment: negative

**Pros**

- 🚀 Instant wallet and card access
- 🌍 Global payment options
- 👍 Convenient for Malaysians in Malaysia
- 👍 QR code payments
- 👍 Like the app
- 👍 Very good

**Cons**

- 😞 No response to complaints
- 😞 Very bad app
- 😞 Unable to login
- 😞 Bad service
- 😞 Account blocked without reason
- 😞 Customer service very bad
- 😞 Customer service difficult to reach
- 😞 Scam warning
- 😞 Unable to reload using pin
- 😞 No good
- 😞 Slow + expensive = scam
- 😞 Poor user experience
- 😞 Employee behavior very bad
- 😞 Cannot transfer to bank account
- 😞 Application not functioning
- 😞 Weak security
- 😞 Older version preferred
- 😞 Money deducted but not credited
- 😞 Slow app download
- 😞 DuitNow services not working
- 😞 Limited options
- 😞 Cannot transfer out or withdraw
- 😞 Bugs system, app not working
- 😞 Not able to use remittance service
- 😞 DuitNow feature deactivated
- 😞 App keeps loading forever
- 😞 No QR receive
- 😞 Cannot login on iOS 15.8.3
- 😞 Disappointed with new version
- 😞 Application not stable, error occurs
- 😞 Cannot login, tried many times
- 😞 Terrible customer service, impossible to reach
- 😞 Cannot transfer using account number
- 😞 Cannot login with phone number
- 😞 User not found error on login
- 😞 Difficulties logging in after update

**Commonly reported bugs**

- Shows error immediately after opening app
- Customer service call not answered
- Account blocked for no reason
- Unable to reload using pin
- No exception handling for incorrect passcode events
- Continue button on Update Document screen not working
- Deposit made, but verification impossible
- Money deducted from bank but not credited to wallet
- App takes too long to download
- DuitNow services stop working after a day or two
- QR pay not supporting
- Remittance service gives error when calculating charge
- DuitNow feature deactivated after changing apps
- App keeps loading forever
- Cannot login on iOS 15.8.3
- Application not stable, error occurs
- Cannot login, tried many times
- Customer service hotline useless, no one answers
- Cannot login with phone number
- Login error: user not found
- Difficulties logging in after update

**Most requested features**

- Allow Apple Pay
- Add Face ID authentication
- Publish hourly rates instead of daily average
- Allow QR receive
- Allow transfer using account number

## Recent user reviews (10 of 44)

All indexed reviews: https://appshunter.io/ios/app/merchantrade-money/id6689505138/reviews.md

### 5/5 — Instant card payment solution

*2026-04-08*

Without any hassle of verbose forms instant wallet and card access with global payment options

**Developer response:** Thanks for the 5 star rating. Hope you could recommend your friend and family to use our app. If you have any feedback or suggestions, please write to us at customerservice@merchantrademoney.com. We would love to hear from you!

### 1/5 — I want complain no response

*2025-11-01, version 1.5.0*

This app very bad

### 5/5 — မလေးရှားရောက်မြန်မာတွေအတွက် အဆင်ပြေဆုံး ဘဏ်

*2025-10-28, version 1.5.0*

မြန်မာ နိူင်ငံ Kpayသို့ ငွေလဲွမလား မလေးရှား local bank တွေကိုငွေလဲွမလား မလေးရှား ဘယ်နေရာမဆို Merchantrande ကဒ်နဲ့ ငွေရှင်းလို့ရ အဆင်ပြေဆုံးပဲ 🥳🥳

### 1/5 — The

*2025-10-28, version 1.5.0*

The

### 1/5 — Unable to login

*2025-10-28, version 1.5.0*

Shows error immediately after open the app “You do not have permission to perform the action”

### 1/5 — Bad service

*2025-10-10, version 1.5.0*

Tolong itu service call di perbaiki , orang urgent mahu minta tolong buka sekatan . Tapi tel 30 min lbh tiada satu pun yang angkat??? Why?

### 5/5 — CS

*2025-10-09, version 1.5.0*

Bad cs very bad

### 5/5 — QR

*2025-09-11, version 1.4.0*

QR

### 1/5 — Account block no reason

*2025-09-09, version 1.4.0*

Trying to make transactions and my account has been block for no reason

### 5/5 — 😇😇

*2025-08-20, version 1.2.2*

My very like thank you so much

## Frequently asked questions about Merchantrade Money

### What does the Merchantrade Money app do?

The app functions as a multi-currency e-wallet paired with a Visa prepaid card, allowing users to manage over 20 currencies. You can buy, keep, and sell currencies with no conversion fees, spend globally with the Visa card without transaction fees, and send money internationally or locally.

### What are the key features of the Merchantrade Money app?

Key features include owning and managing over 20 currencies with no conversion fees, spending globally with a Visa prepaid card with no transaction fees, setting rate alerts, withdrawing cash from Visa Plus ATMs, and sending money overseas to 13 countries. It also offers a profit-earning Hybrid Current Account-i and in-app Live Chat support.

### Is the Merchantrade Money app free to use?

The app itself is free to download and use. While there are no conversion or transaction fees for spending with the Visa card, there might be costs associated with specific financial services like micro-insurance plans or potential fees for international transfers, which are offered at competitive rates.

### Who is the Merchantrade Money app for?

This app is developed for Merchantrade Money Visa Prepaid Card users and is intended for registrations in Malaysia only. It is designed for individuals who frequently travel, deal with multiple currencies, or need a convenient way to manage their finances for international transactions.

### How can I top up my Merchantrade Money account?

You can top up your account using various methods including FPX (online banking), Debit Card, JomPAY, and DuitNow. These options provide flexibility for users to add funds to their e-wallet and prepaid card easily.

## Version history (last 5 releases)

### 3.3.0 — 2026-08-11

Bug fixes and enhancement

### 3.2.2 — 2026-07-15

What's New

• Add your card to Google Wallet & Samsung Wallet
• Tap & Pay securely with your smartphone
• Seamless in-app card provisioning to your mobile wallet
• Enhanced security with facial recognition for identity verification
• New remittance corridor: Send money directly to Wave Wallet and A+ Wallet

What's Improved

• Better user experience enhancements
• Stability and performance optimizations
• General bug fixes

### 3.2.1 — 2026-07-10

What’s Improved
• Better user experience enhancements
• Stability and performance optimizations

### 3.0.0 — 2026-04-30

Bug fixes & enhancement

### 2.0.8 — 2026-04-10

Bug fixes & enhancements

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## More apps by MERCHANTRADE ASIA SDN BHD

- [eRemit Malaysia](https://appshunter.io/ios/app/eremit-malaysia/id1060407677)
- [Merchantrade Money](https://appshunter.io/ios/app/merchantrade-money/id1261225280)
- [Merchantrade Secure](https://appshunter.io/ios/app/merchantrade-secure/id1401775913)
- [Merchantrade Money Biz](https://appshunter.io/ios/app/merchantrade-money-biz/id1634182691)

All apps by MERCHANTRADE ASIA SDN BHD: https://appshunter.io/developer/1022449999

## Related topics

[merchantrade money](https://appshunter.io/ios/topics/merchantrade-money) · [merchantrade](https://appshunter.io/ios/topics/merchantrade) · [merchantrade asia sdn bhd](https://appshunter.io/ios/topics/merchantrade-asia-sdn-bhd)

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-13.*