This blog was updated on 30 April 2025, for more information connect with our team: https://www.easystore.co/contact 

myIOU Officially Launches in Malaysia: What It Means for Consumers and Merchants

IOUpay, a leading fintech and digital commerce company, has officially launched myIOU, a Buy Now, Pay Later (BNPL) service designed to offer flexible payment solutions for both in-store and online purchases. 

With over 300 participating merchants, myIOU is poised to bring greater convenience to the Malaysian retail and e-commerce landscape.

To celebrate the launch, myIOU is offering exclusive promotions for both consumers and merchants.

For Consumers

Consumers who register successfully with myIOU will receive instant credit approval of RM1,000, which can be used across any participating IOUpay merchant—online or in-store.

Additionally, IOUpay has introduced myIOU Credit+, allowing users to apply for increased credit limits of up to RM10,000, giving them even more purchasing power.

Launch Promotions for Consumers:

• RM10 instant discount on the first transaction using voucher code MYIOU10

• RM5 referral reward for each successful friend or family member referral

For Merchants

myIOU isn’t just consumer-friendly—it’s also a smart business opportunity. 

To support its merchant partners, myIOU is offering zero sign-up costs and exclusive launch benefits:

• Waiver of one-time setup fee and first-year annual maintenance fee (worth RM1,000)

• Reduced merchant discount rates (MDR) with estimated savings of up to RM1,000

In total, merchants can enjoy up to RM2,000 in savings by joining during this launch campaign.

Plus: With myIOU Merchant+, merchants can provide eligible myIOU Credit+ users with extended purchase limits up to RM10,000 for high-value transactions—boosting conversion rates and average order value.

Download the myIOU App Today

The myIOU service is now available in Malaysia, ready to enhance financial flexibility for both consumers and merchants. 

Don’t miss these limited-time offers—sign up today to make the most of what myIOU has to offer.

The myIOU app is available for download from the Apple App Store and Google Play Store for Malaysian users only.

Download on Apple App StoreDownload on Google Play StoreMerchants: Sign Up with myIOU Here

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