E-Wallets

kiplePark to Enable Cashless Parking Using Only Your Car Plate Number

kiplePark, a wholly-owned brand of Green Packet Berhad, announced the launch of their license plate recognition (LPR) technology which they to be the first in Malaysia. The kiplePark LPR is a system where users only need to register their car

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XOX Mobile To Launch Mastercard Enabled E-Wallet Soon

XOX Mobile an MNVO operator is the latest in the long line of companies joining the e-wallet game in Malaysia. XOX Mobile’s CEO, Ng Kok Heng told local media that they are eyeing to capture 10% of the market within

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TNG Digital Appoints Ex-Malaysia Airlines Veteran as Its New CEO

TNG Digital a Malaysian e-wallet formed as a result of a joint-venture between  Touch ‘n Go and Ant Financial Group, announced today that it has appointed Ignatius Ong as its new Chief Executive Officer (CEO). Ignatius succeeds Syahrunizam Samsudin, who

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BNM: E-Wallets Need to Move Beyond Cashbacks to Be Sustainable

During his keynote speech at the “Malaysian E-Payments Excellence Awards” Assistant Governor Adnan Zaylani Mohamad Zahid outlined the state of e-payments in Malaysia and the key strategic focus for Malaysia’s payments journey. Some key progress that we’ve made that was

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Valyou to Enable In-App Remittance to Western Union Agent Locations

Valyou, fintech subsidiary of Telenor group announced today that its e-wallet has integrated with Western Union to enable its customers in Malaysia to send money to Western Union agent locations across Bangladesh, Indonesia, Philippines, India, Vietnam, Myanmar, Cambodia, China and

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BSN Teams up With Sarawak Pay to Serve Rural Communities in Sarawak

Bank Simpanan Nasional announced today its collaboration with Sarawak Multimedia Authority during the launch of Sarawak Pay, an e-wallet application geared towards serving the rural communities within Sarawak. The state government received Bank Negara Malaysia’s approval to roll-out its e-wallet

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Boost May Soon Become a Bank in Malaysia as Axiata Eyes Virtual Banking License

The Axiata Group is seemingly eyeing for Malaysia’s virtual banking license, according to a recent report by The Edge. According to the same report, Khairil Abdullah, CEO, Axiata Digital, said that the group “definitely expressed interest” in a virtual banking

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Here are 5 of The Best E-Wallets in Malaysia (in My Opinion)

You may remember me as the person who complained about e-wallets last year, and later, complaining again about Malaysia’s drive towards cashlessness, which will probably be emboldened by—you guessed it—e-wallets. Do I generally have a skeptical eye on this still trendy bandwagon? Perhaps. After

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Touch ‘N Go E-Wallet Introduces Money-Back Guarantee Function

The Touch ‘n Go e-wallet has just announced a money-back guarantee, one of the first few to do so for mobile payments in Malaysia.  The money-back guarantee policy is exclusive to the e-wallet app. Through this policy, users of the

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Razer Pay Will Be Launching Visa-Powered Prepaid Cards to Accompany its E-Wallet

Razer, the gaming equipment brand turned mobile wallet has announced a partnership with Visa with the hopes of “transforming payments in the gaming industry”—specifically by incorporating Visa’s scale and reach to the Razer Pay e-wallet. Basically, Razer’s fintech arm, aptly

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