Payments

Malaysians Contribute Over RM250,000 Boost E-Wallet’s Tabung COVID-19 in 10 Days
Payments

Malaysians Contribute Over RM250,000 Boost E-Wallet’s Tabung COVID-19 in 10 Days

Between 21 to 31 March 2020, Malaysians contributed a total of RM258,921.30 to the ‘Tabung COVID-19 by Boost’ fund to aid front liners in the fight against the COVID-19 pandemic. These donations have been channeled to the Ministry of Health’s

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GHL Launches Service to Help Brick & Mortar Businesses Get Online in 3 Days
Payments

GHL Launches Service to Help Brick & Mortar Businesses Get Online in 3 Days

GHL Systems Berhad (GHL) and its online payments arm, GHL ePayments Sdn Bhd (eGHL), announced the launch of a brand new service to help physical businesses and shops get online and e-commerce ready in 3 days. The GHL group said

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Boost’s Tabung COVID-19 Enables Malaysians to Donate to Frontliners Using Their E-Wallet
Payments

Boost’s Tabung COVID-19 Enables Malaysians to Donate to Frontliners Using Their E-Wallet

Homegrown e-wallet Boost today announced the introduction of Tabung COVID-19 by Boost, a donation fund to help ease the burden of those directly impacted by the coronavirus pandemic in Malaysia. This news follows the group’s launch of RM 150 Million

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Merchantrade Receives BNM Approval to Increase E-Wallet Limit Size to RM 20,000
E-Wallets Payments

Merchantrade Receives BNM Approval to Increase E-Wallet Limit Size to RM 20,000

Merchantrade announced today that their multicurrency e-wallet has obtained regulatory approval to increased its wallet size from RM 10,000 to RM 20,000. Their VISA enabled multicurrency e-wallet was launched in January 2018, and it is primarily used travellers to exchange

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Dapat Vista Partners with Bank Islam and Bank Muamalat to Enable Digital Bail Payment
Payments

Dapat Vista Partners with Bank Islam and Bank Muamalat to Enable Digital Bail Payment

Dapat Vista, Bank Islam, and Bank Mualamalat inked an agreement on Wednesday to launch a digital bail payment solution, eJamin. The solution is said to be the first digital bail payment solution in Malaysia and South East Asia. Dapat Vista

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Singapore’s hoolah Brings its Interest-Free Pay Later Solutions to Malaysia
Payments

Singapore’s hoolah Brings its Interest-Free Pay Later Solutions to Malaysia

hoolah, a Singapore based company, is bringing their interest-free installment solution to Malaysia. Since their launch in 2018, hoolah has been working with a variety of merchants to allow for consumers to get what they need and want, while paying

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Bank Islam Partners KiplePay in Cashless Push for Universities
E-Wallets Payments

Bank Islam Partners KiplePay in Cashless Push for Universities

Bank Islam and KiplePay, a wholly-owned subsidiary of Green Packet announced this week that they have teamed up to launch KipleUNI, a programme to drive adoption cashless technologies. This collaboration integrates the KiplePay app and Bank Islam’s services and enables

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Sabah Teams Up with Boost to Launch its Own E-Wallet, Sabah Pay
E-Wallets Payments

Sabah Teams Up with Boost to Launch its Own E-Wallet, Sabah Pay

Sabah Credit Corporation on Tuesday launched Sabah Pay in collaboration with Boost. The launch of Sabah Pay is part of the state’s Smart Sabah Initiative, in the said initiative the Sabah government has given Sabah Credit Corporation a mandate to

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KiplePay’s White Labelled E-Wallet is Unlikely the First Approved by BNM as They Claimed
E-Wallets Payments

KiplePay’s White Labelled E-Wallet is Unlikely the First Approved by BNM as They Claimed

There were multiple reports this week that claims KiplePay, a subsidiary of GreenPacket “has become the first fintech player in Malaysia to provide a white-labelled e-wallet solution with Bank Negara Malaysia’s (BNM) approval.” While I have no doubt that they

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Touch ‘n Go eWallet Joins the DuitNow Eco-System and Adopts the DuitNow QR Code Standard
Payments

Touch ‘n Go eWallet Joins the DuitNow Eco-System and Adopts the DuitNow QR Code Standard

Touch ‘n Go eWallet will adopt the DuitNow QR, Malaysia’s National QR Standard and become a participant in the DuitNow eco-system, operated by Payments Network Malaysia (PayNet). DuitNow QR is established under Bank Negara Malaysia’s Interoperable Credit Transfer Framework (ICTF).

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