Want to know more about the MyDataHub & Bayarlah financing initiative?

MyDataHub Financing is a joint initiative between Bayarlah and several licensed financing companies regulated under the Moneylenders Act 1951 (KPKT).

This pre-approved financing programme is offered exclusively to Bayarlah merchants to help them obtain business financing quickly and conveniently.

The financing is provided by participating licensed financing companies under the programme.

Each application is subject to the respective financing company's eligibility criteria, assessment and approval.

No. Submitting an application does not guarantee approval.

All applications are subject to the financing company's assessment and eligibility criteria.

It takes approximately 10 days to receive the financing approval result, whether the application is approved or rejected.

Once your financing is approved and all required conditions are completed, the financing will be disbursed within approximately 10 working days.

The financing amount is determined based on your average Bayarlah transaction volume over the past 6 months.

If you are not eligible for assessment based on Bayarlah transaction data, your application will be assessed using your latest 6 months' bank statements.

The financing amount offered ranges from RM3,500 up to RM100,000, subject to eligibility and the financing company's assessment.

Depending on the assessment, you may be required to provide supporting documents such as your latest 6 months' bank statements and other business-related documents.

The required documents may vary depending on the financing company and your application.

The interest rate ranges from 12% to 15% per annum, depending on the financing company.

The repayment tenure ranges from 6 to 18 months.

The applicable interest rate, financing tenure and total repayment amount will be stated in your financing agreement.

There are two repayment options:

The 25% daily deduction will continue from your Bayarlah sales until the monthly repayment amount is reached.

If the monthly repayment amount is not fully collected through the daily deductions, you may be required to make the remaining payment directly to the financing company, subject to the terms and conditions of your financing agreement.

If there are insufficient Bayarlah sales for the daily deduction, you may still be required to fulfil your monthly repayment obligation.

If you expect difficulty making your repayment, please contact the respective financing company directly to discuss your situation.

The applicable interest rate and total repayment amount will be stated in your financing agreement.

Please refer to the agreement provided by the respective financing company for the exact amount payable and repayment schedule.

Once your application is approved and all required agreements and conditions are completed, the financing will be disbursed to your designated bank account.

The exact disbursement process is subject to the terms and conditions of the respective financing company.

The financing company will be assigned based on your eligibility and the available financing options under the programme.

The applicable financing terms may vary between financing companies.

Yes, you may still apply.

However, approval will depend on the financing company's assessment, including your existing financial commitments and overall eligibility.

Early repayment is subject to the terms and conditions of the respective financing company.

Please check your financing agreement or contact the financing company directly to confirm whether any applicable charges or requirements apply.

Once approved, you will need to complete the required documentation and agreements with the financing company.

After all required conditions are fulfilled, the financing will be processed for disbursement according to the financing company's procedures.

If you have any questions regarding the MyDataHub Financing programme, application process or financing, please WhatsApp MyDataHub.ai at 011-2667 4614.