E-Wallets

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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Merchantrade, NPCI International Join Forces to Offer Real-Time Remittances to India

Merchantrade Asia has partnered with NPCI International, a wholly-owned subsidiary of National Payments Corporation of India (NPCI), to offer real-time remittances to India through the Unified Payments Interface (UPI). UPI is an instant real-time payment system developed by  NPCI to

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Boost Rolls Out Automated Recurring Bill Payments

Homegrown e-wallet Boost has introduced three new bill payment features to provide Malaysians with the ability to pay their bills with a tap of a button without the hassle of multiple payment platforms and portals. The new features; AutoBills, MultiBills

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AIA Malaysia Takes a Minority Stake in TNG Digital, Reportedly Valuing It at RM3 Billion

AIA Malaysia announced that it will be taking a minor stake in TNG Digital, the owner of Touch ‘n Go eWallet, as part of a long-term strategic partnership. The Edge reported that this move will make AIA the fourth shareholder

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E-Wallet Boost Launches Three More Insurance and Takaful Plans

Axiata Digital’s e-wallet Boost has introduced three new micro-insurance and takaful plans under ‘Boost Protect’ to further provide Malaysians with affordable and premium coverage. The addition of MozzieProtect, FamilyProtect and Critical Illness Care bring the total coverage plans to 13.

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In A Nutshell: Bank Negara Malaysia’s New E-Money Policy Draft

The Exposure Draft of the Policy Document on Electronic Money (e-Money) (‘Draft’) is a solid 81 pages of document that seeks to replace and supersede the current Bank Negara of Malaysia (‘BNM’)’s Guideline on Electronic Money (2008 Guidelines) which is

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Merchantrade Rolls Out Payroll Solutions for Underbanked Plantation Workers

Merchantrade Asia, a digital money services business operator and e-money issuer, has partnered with palm plantation management solutions provider LintraMax in an effort to digitise the payroll for underserved plantations workers. In this partnership, both entities will reach out to

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GrabPay Now Available Nationwide via DuitNow QR

GrabPay, the in-app wallet of superapp Grab, announced that it has recently rolled out the GrabPay DuitNow QR feature across the country. The e-wallet was the first in Malaysia to sign-up with PayNet this feature which is now widely available.

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