Archive

Behind Razer’s Global Digital Banking Ambitions

Fresh into the year, Razer announced that they will enter Singapore’s digital banking race. In their announcement, there was a curious statement which piqued my attention, Razer said that it is aiming to be the “world’s first global youth bank”.

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DuitNow to Enable ShopeePay Users to Transfer Funds to Banks and Other E-Wallets

Payments Network Malaysia (PayNet) and Shopee announced a collaboration that will make ShopeePay the first eWallet of an e-commerce platform to join the DuitNow eco-system which PayNet operates. DuitNow is intended to serve an interoperable infrastructure between e-wallet players and

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Sabah Teams Up with Boost to Launch its Own E-Wallet, Sabah Pay

Sabah Credit Corporation on Tuesday launched Sabah Pay in collaboration with Boost. The launch of Sabah Pay is part of the state’s Smart Sabah Initiative, in the said initiative the Sabah government has given Sabah Credit Corporation a mandate to

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KiplePay’s White Labelled E-Wallet is Unlikely the First Approved by BNM as They Claimed

There were multiple reports this week that claims KiplePay, a subsidiary of GreenPacket “has become the first fintech player in Malaysia to provide a white-labelled e-wallet solution with Bank Negara Malaysia’s (BNM) approval.” While I have no doubt that they

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Touch ‘n Go eWallet Joins the DuitNow Eco-System and Adopts the DuitNow QR Code Standard

Touch ‘n Go eWallet will adopt the DuitNow QR, Malaysia’s National QR Standard and become a participant in the DuitNow eco-system, operated by Payments Network Malaysia (PayNet). DuitNow QR is established under Bank Negara Malaysia’s Interoperable Credit Transfer Framework (ICTF).

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PETRONAS’ Petrol e-Payment Solution Setel Will Soon Be Available Nationwide

Setel an e-payment solution that enables drivers to purchase fuel directly from their mobile devices will soon be available at PETRONAS stations nationwide. First introduced in 2018, was developed to “eradicate customer pain points in refueling. It was initially only

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What’s Next for GrabPay?

In Malaysia, e-wallets are all the rage these days. The Malaysian public’s interest with e-wallets was further accelerated when the government set aside RM 450 Million for the e-Tunai programme, which grants qualifying Malaysians RM 30 in selected e-wallets. With

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