E-Wallets

DuitNow Now Available to 17 More Banks

An additional 17 banks and non-banks will soon launch the DuitNow service as well. Customers wishing to receive DuitNow fund transfers using their mobile number need only perform a simple one-time registration to link their mobile number with their account

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Petronas Customers Can Now “Setel” Petrol Payments With The Tap of an App

Petronas just announced the launch of Setel, an e-payment solution geared towards fuel purchases directly from mobile devices. The app is designed to integrate directly with the fuel pumps, which would allow customers to purchase fuel with a few taps.

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44 Banks Want to Free You From The Hassle of Memorising Account Numbers

Last friday, some of you may have gotten a potentially questionable text from your banks—that your phone number might be integrated with something called ‘DuitNow’, and that you’re given a specific amount of time to opt out. Many Malaysians were

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How Malaysia Measures Up To Southeast Asia’s Payments Landscape

According to SKMM, Malaysia’s smartphone penetration grew from 68.7% in 2016 to 75.9% in 2017, and by all measures, will most likely show an upwards trend this year too. This puts our smartphone penetration at a slightly higher value than

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Grab and Fave Teams up To Tackle The Malaysian and Singaporean Market

Grab and Fave announced a strategic partnership for both parties to grow the respective platforms across the region. The partnership is aimed at capitalising on Grab’s user base of over 110 million downloads and Fave’s strong merchant network of over

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CIMB Introduces QR Terminal — 6 Major Wallets Accepted

CIMB Bank has introduced Quick Response (QR) Payment Acceptance at CIMB terminals. The bank claims to be first in-market to introduce QR payment acceptance to accept six major mobile wallets on one terminal. The six mobile wallet partners to be

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Bursa Listed PUC Unveils Presto Wallet – Will it Survive Malaysia’s Crowded Market?

In a market where there is a lingering fatigue of new e-wallet releases, the ACE Market-listed company, PUC Berhad officially unveils their e-wallet — Presto Wallet. On top of the standard cashless payment options for online and offline retailers, one

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Users Can Finally Pay Tolls with the TNG E-Wallet, but It’s Not Available to Everyone Yet

In Malaysia’s crowded e-wallet space, it is becoming increasingly difficult to carve a niche with each player pursuing similar strategies of giving cash backs and merchant discounts. Among Malaysia’s over 30 players, Touch ‘n Go has an upper hand that

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Finally, TNG’s E-Wallet Gets Crucial Updates, Can it Stay Ahead of The Competition?

After the disastrous release of a Touch ‘n Go reload app in March, the company returns with a newly updated, fully-fledged Touch ‘n Go e-wallet. Many in Malaysia opine that Touch ‘n Go was arguably best positioned to release a Malaysian

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WeChat Pay Launches in Malaysia With An Alipay-Killing Money Gifting Scheme

After a few months of a soft launch WeChat Pay, a QR code-based e-wallet finally makes its official debut in Malaysia into the wallets of at least 20 million active WeChat users. With such a crowded market here in Malaysia,

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