Payments

Malaysians Will Soon Be Able to Use Their Boost E-Wallet in Singapore and Thailand

Thanks to a partnership agreement signed between Axiata Digital’s Boost e-wallet and Singtel’s VIA alliance, Malaysians will soon be able use their Boost mobile wallet to make payments in Singapore and Thailand. VIA was launched by the Singtel Group in

Read More

How Cashless is Malaysia Right Now?

Between Bank Negara Malaysia’s (BNM) ICTF and the more recently announced Real-Time Retail Payments (RPP) system, an ecosystem rife with Malaysians with at least a debit card, and e-wallets to target those who do not; Malaysia seems to be well underway towards

Read More

GHL Enables Singaporeans to Use Their Debit Card Scheme NETS in Malaysia

Singaporeans visiting Malaysia will now be able to make card payments using NETS ATM cards thanks a recent collaboration between Paynet and NETS. Currently, the payment acceptance for the NETS scheme is available to cards issued by Singaporean banks like

Read More

Boost E-Wallet’s CEO Chris Tiffin Steps Down

Last Friday, Boost’s CEO Chris Tiffin announced the end of his tenure as Boost Malaysia’s CEO. He has held that position for a little over two years now, as well as serving as Axiata’s Regional Head of Digital Financial Services. Chris has

Read More

Silicon Valley Payments Darling Stripe Arrives in Malaysia

In a tweet by Silicon Valley-based Stripe’s CEO, Patrick Collison, he seemed to confirm that the company has commenced with beta testing in Malaysia. This tweet follows the company’s talked about expansion into Southeast Asia. Setting up Stripe Malaysia was

Read More

The Dark Side of Malaysia’s Quest into a Cashless Society

It’s no secret that Malaysia is gung-ho about cashlessness. Bank Negara Malaysia itself expressed as much, within the policies and guidelines outlined in their Interoperable Credit Transfer Framework (ICTF), and which PayNet, the system underlying much of payments and banking in

Read More

Suprisingly, Malaysia Outperforms China in Government E-Payment Adoption

When one thinks about the most advanced countries in the world in the payments space, countries like China, Sweden and Australia often comes to mind. Malaysia is not among the countries that would typically occupy the mindshare of most. However,

Read More

4 Big New Features You Can Expect from Your E-Wallets in 2019

PayNet Malaysia handles much of the underlying network for payments and banking in Malaysia. Owned by both Bank Negara Malaysia and a consortium of banks. The once controversial DuitNow launched by many Malaysian banks is one facet of the relationship between

Read More

Alipay Powers Blockchain Remittance Service Between Malaysia and Pakistan

Telenor Microfinance Bank, in partnership with Valyou Malaysia, has introduced a blockchain-based cross-border remittance service, developed by Alipay, the online payment platform operated by Ant Financial. The blockchain remittance service is provided by Telenor’s Easypaisa and Valyou, a financial technology

Read More

Digi and Mastercard Working Together on Digital Payments Card for Launch Early 2019

Digi, with Mastercard serving as the technology partner will offer a digital prepaid card—to be released for public use sometime in the first half of the year. The card is also developed with ManagePay  (MPay).  According to a press release, the

Read More