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ShopeePay Introduces Affordable Online Fraud Protection in Malaysia

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With the rise of online scam in Malaysia, protecting your money has become more important than ever. ShopeePay has partnered with Zurich General Insurance to launch Zurich Wallet Protection, making financial fraud coverage accessible and affordable for everyone.

Starting from just RM1.40 per month, this service helps Malaysians safeguard their e-wallets, bank accounts, and card payments from online threats. 

Simple Protection for Everyone 

ShopeePay has made online financial fraud protection easier and more affordable for Malaysians with Zurich Wallet Protection. Available on both ShopeePay and Shopee apps, the protection plan starts from just RM1.40 per month. This help users safeguard their e-wallets, bank accounts, and card payments against scams and fraud. 

Why Fraud Protection Matters

ShoppePay Introduces Affordable Online Fraud Protection in Malaysia

Online scams are rising in Malaysia, with 47,854 cases reported in 2025 resulting in RM1.92 billion in losses. Zurich Wallet Protection covers unauthorised transfers, phishing, stolen card misuse, impersonation scams, and online shopping fraud, giving Malaysians peace of mind when transacting digitally. 

Plans That Fit Your Needs

ShopeePay offers two options which is a Basic Plan starting at RM1.40 per month (first month free) and a VIP Plan at RM4.90 per month. Both plans are available for Malaysians ages 18 and above, with different monthly claim limits depending on the plan. 

Easy Access and Use

Users can access Zurich Wallet Protection directly on the ShopeePay app homepage or through the Shopee app under ‘Me’ > ‘Insurance’. According to Alain Yee, CEO of ShopeePay MAlaysia, “Fraudsters are getting more sophisticated, so it’s important to provide accessible and affordable protection. This service ensures that anyone can protect their hard-earned money easily.”

Stay safe online and protect your money! Learn more about Zurich Wallet Protection on ShopeePay and explore more tips on financial safety and digital transactions on RiseAsia.

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Written by
Munirah

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