Payments

Visa Survey Finds 80% of Gen Z, Millennials in Malaysia Have Gone Cashless

Visa has released its Consumer Payment Attitudes (CPA) study which highlights the progress of a cashless Malaysia. The survey found that seven in ten consumers in Malaysia have attempted to adopt a cashless lifestyle, with Gen Z and Gen Y

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Airwallex: Malaysia Plays an Emerging Role in the Regional Fintech Landscape

Global payments firm Airwallex shared its commitment to expanding its Malaysian operations, with significant inroads already made, including securing licenses from Bank Negara Malaysia. The fintech payments firm first started its Malaysia operations in 2022. In the next two years,

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GHL and BSN Partner to Offer 0% Installment Plan at Over 7,000 Merchants

Payment solutions provider GHL Systems has introduced Bank Simpanan Nasional’s (BSN) 0% Instalment Payment Plan (EasyPay Plan) across more than 7,000 merchant terminals in Malaysia. This initiative aims to enhance convenience and flexibility for in-store purchases. Shoppers at GHL-powered offline

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Euronet Becomes Largest Non-Bank ATM Operator in Malaysia with MEPS ATM Acquisition

Euronet, a global financial technology solutions and payments provider, announced today the completion of the acquisition of the Malaysian Electronic Payment System (MEPS) ATM terminals of Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and central financial infrastructure

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RinggitPay Rental Simplifies Rent Collection for Malaysian Landlords

Malaysia’s rental market has been booming in recent years, spurred by rapid urbanisation and population growth. This surge has led to a high demand for residential, commercial, and industrial properties in urban areas like Kuala Lumpur, Penang, and Johor Bahru.

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Malaysians Can Now Use TNG eWallet for Subscriptions, No Cards Needed

Curlec by Razorpay, a payment gateway in Malaysia, has integrated its payment system with TNG eWallet, enabling SMEs and unbanked individuals in rural areas to access financial services. This collaboration aims to facilitate recurring payments through TNG eWallet, benefiting over

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Japanese IT Giant NTT DATA to Acquire 58.7% of GHL Systems for RM724 Million

NTT DATA, a Japanese multinational information technology service and consulting company, has announced its agreement to acquire 58.7% of GHL Systems Berhad, a payment service provider headquartered in Malaysia. The acquisition, valued at RM724.08 million, involves purchasing 670,440,235 ordinary shares

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CIMB Simplifies EV Charging with Contactless Card Payments

CIMB Bank has launched a new contactless payment solution for electric vehicle (EV) charging, in collaboration with JuiceUP, a subsidiary of PAIDChain, and Visa. This initiative aims to simplify the payment process for EV owners by allowing them to use

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RHB Visa Cardholders in Malaysia Can Now Use Apple Pay

RHB Banking Group (RHB) is now offering Apple Pay as a payment method, enabling its customers in Malaysia to make payments using their iPhone and Apple Watch. The bank’s Visa debit and credit cardholders, including those with the RHB Multi-Currency

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Soft Space and Partners Launch Tap to Pay on iPhone for Japanese Merchants

GMO Financial Gate (GMO-FG), Sumitomo Mitsui Card Company (SMCC), SMBC GMO PAYMENT (SGP), and Malaysian fintech company Soft Space have announced the launch of Tap to Pay on iPhone for the “stera tap” service. This new feature allows merchants in

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