E-Wallets

PayNet Appoints Soft Space’s FassPay as Third Party Acquirer

PayNet, the national payments network and shared central infrastructure for Malaysia’s financial markets, has appointed FassPay, a subsidiary Soft Space, to be a third-party acquirer (TPA) for MyDebit, the nation’s domestic debit card scheme. This appointment allows Fasspay to acquire

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Boost Offers Low-Cost Financing Support for MSMEs this Ramadan

Boost issued a press statement saying that it will be prioritising micro-enterprises and SMEs this upcoming Ramadan by offering low-cost financing support to use as working capital for Ramadan sales through ‘Aspirasi Capital for Boost’. They said that this financing

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Boost Now Supports DuitNow QR Payments

Homegrown e-wallet Boost announced that it is now part of the PayNet Real Time Retail Payment Platform (RPP) and will adopt DuitNow QR, effective today. DuitNow QR is Malaysia’s national QR code standard established by Payments Network Malaysia (PayNet) under

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Kiple Powers Selangor’s SELANGKAH Cashless Solution

SELANGKAH announced today their newly launched mobile app SELANGKAH Biz which enables registered businesses in Malaysia to accept cashless payments by turning their mobile devices into payment terminals. SELANGKAH, was originally designed by the state government as a QR contact

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Principal To Offer E-Investment Solution Through Touch ‘n Go E-Wallet

Principal Asset Management Berhad has announced the launch of its latest product, the Principal e-Cash Fund to make investing accessible and easy for Malaysians. The Principal e-Cash Fund will be made available soon through a landmark strategic partnership with TNG

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iPay88 Marked 600% Increase in E-Wallet Transactions in 2020, Integrates With ShopeePay

Payment gateway solutions provider iPay88 registered 4.1 million e-wallet transactions via its network last year, marking a growth of six-fold compared to 2019. iPay88 started providing the gateway solutions service in 2000. Via their gateway, payment transactions were enabled to

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GHL Malaysia Widens E-Wallet Payments Options With the Addition of ShopeePay

GHL Systems Berhad’s Malaysian operations has added the ShopeePay mobile wallet to its widening range of e-wallet payment acceptance, following its recent tie-up with ShopeePay Malaysia Sdn Bhd. The partnership will see GHL enable its existing offline merchant base as

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AmBank Partners Merchantrade for Hybrid e-Wallet With a Combined Capacity of RM50,000

AmBank has formed a strategic partnership with Merchantrade Asia, a digital money services business operator and e-money issuer, to enable a hybrid e-wallet as part of its fintech initiatives. This follows a similar partnership to launch Kenanga’s e-wallet back in

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TNG Digital Reportedly Seeking to Raise US$150 Million

TNG Digital, the e-wallet operator that was formed as a result of a joint venture between CIMB Bank and Ant Financial, is reportedly seeking to raise US$ 150 million according to a Reuters report on Thursday. The report further added

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Touch ‘n Go First E-Wallet to be Approved by SC to Offer Investment Products

Touch ‘n Go (TNG) Group’s subsidiary TNG Digital Sdn Bhd (TNGD), has emerged as the first e-wallet to be granted a conditional approval to operate as a Recognised Market Operator (RMO) by the Securities Commission of Malaysia (SC). TNG said

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