E-Wallets

Boost Sets Its Sights On BNPL and Southeast Asian Expansion Plans for 2022

Axiata Digital’s fintech arm Boost has its sights expanding its suite of services and deepening its regional presence following a year of growth in revenues and product innovation. Boost reported that its user base grew to over 9.6 million and

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HSBC Rolls Out Multi-Currency Global Wallet for Malaysian SMEs

HSBC Malaysia has launched a multi-currency digital wallet that enables small-and-medium enterprises (SMEs) to make and receive international payments from one single global account. The HSBC Global Wallet is fully integrated within the bank’s existing business banking platform, HSBCnet, and

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Touch ‘n Go eWallet Offers Free CTOS Credit Report to Users

Touch ‘n Go Group announced that it will be providing its e-wallet users with a free MyCTOS credit report with CCRIS until 31 January 2022. This was made possible through a strategic collaboration between Touch ‘n Go eWallet and CTOS

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MDEC Selects BigPay as Official E-Wallet Partner for eRezeki Programme

Digital bank aspirant BigPay announced that it is has been selected as the official e-wallet provider for the Geng #SayaDigital-eRezeki programme by Malaysia Digital Economy Corporation (MDEC). BigPay will provide full access to its suite of fintech solutions like e-money

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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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