After Blockchain, MyEG Diversifies into E-Wallets

After Blockchain, MyEG Diversifies into E-Wallets

by January 3, 2019

Following their recent announcement of launching PayMe a blockchain based payroll solution, MyEG revealed that they will be unveiling a new e-wallet by September 2019 dubbed as iPayEasy.

The company received their e-money license from Bank Negara Malaysia early 2018 with the maximum wallet limit of RM 1,500.Currently in its early access phase, iPayEasy is available for download in Google Play Store and doesnt seem to be available to Apple users just yet.

The board of directors of MyEG expressed confidence that the e-wallet will contribute positively to the performance of the Group from financial year ending 30 September 2019 onwards, though plans on how the company will navigate Malaysia’s already crowded market is not made clear yet.