E-Wallets

Boost Enters Crowded Food Delivery Space with “Boost Makan”

Axiata Digital’s e-wallet Boost recently added a new food ordering platform called Boost Makan to help its food and beverage (F&B) merchants bring their businesses online. This includes cafes, restaurants, home businesses, hawkers, food court stalls and even food trucks. Existing

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MCIS Life Acquires 4.99% Stake in Merchantrade

MCIS Insurance (MCIS Life) has taken up a 4.99% stake in Merchantrade Asia, a Malaysian money services business provider, for an undisclosed sum. The acquisition is set to accelerate MCIS Life’s digital transformation journey and leverage on Merchantrade’s digital capabilities,

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Touch ‘N Go eWallet to Roll Out Prepaid Card With Visa by 2022

Touch ‘n Go has partnered with Visa to develop a prepaid card solution tied to its e-wallet which is expected to be available to users in 2022. The Touch ‘n Go-Visa Prepaid Card will enable the e-wallet to offer additional

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MyMy Partners Mastercard Ahead of Launch in 2022, Raises RM4 Million Funding

Homegrown e-wallet player MyMy announced its partnership for a principal membership from Mastercard to add prepaid physical and virtual cards to their offering. MyMy said in a statement that it is the only Malaysian startup that was able to receive

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Boost Expands Insurance Offerings to Now Include Car Protection Coverage

Axiata Digital’s e-wallet Boost announced that it has expanded its insurance offerings with the launch of a car insurance “CarProtect”, which is underwritten by Great Eastern General Insurance (Malaysia) Berhad. The e-wallet said that “CarProtect offers customers protection in your

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Revenue Monster’s Merchants Can Now Tap Sarawak Pay’s Half a Million User Base

Malaysian fintech firm Revenue Monster has added state government owned e-wallet Sarawak Pay as a payment option to encourage the adoption of contactless payments. More than half a million users of Sarawak Pay e-wallet will be able to conduct transactions

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Touch ‘n Go Offers New Premium Tier With Upgraded E-Wallet Size of RM20,000

Touch ‘n Go Group (TNG) has introduced a new Premium tier to its Touch ‘n Go eWallet users which offers an increased e-wallet size of RM20,000 and an annual transaction limit of RM300,000. With that, the TNG eWallet now has

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Green Packet’s E-Wallet Kiplepay Launches Visa Prepaid Card

Kiplepay, a wholly owned subsidiary of Green Packet, has partnered with Visa to introduce the Kiple Visa Prepaid Card. The partnership, which was first announced in 2020, has rolled out the prepaid card which builds on Kiple’s Wallet-as-a-Service (WaaS) ecosystem.

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Insiders Reveal the Key Reasons Behind Razer Pay’s Demise

When there are too many holes on a ship, plugging one does little – water continues flowing in from the rest. Over time, these holes collectively bring down the ship. When Razer announced last week it was suspending its e-wallet

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Touch ‘N Go’s Investment Offering GO+ Is Now Shariah-Compliant

Touch ‘n Go Group (TNG) and Principal Asset Management today jointly announced that Principal e-Cash Fund, the underlying fund for Touch ‘n Go’s GO+, is now Shariah-compliant. TNG said in a statement that this makes GO+ fund Malaysia’s first shariah

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