Payments
BREAKING: Soft Space Co-Founder Leaves To Pursue Other Ventures
It’s official, Chang Chew Soon, co-founder and Group CEO will be stepping down from Soft Space effective 13th November 2018. He will also relinquish his role as director, though remain in the company as a shareholder. The Soft Space board
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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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OCBC Cardholders Lacking Impulse Control Can Now Limit Purchases At Specific Merchants
Individuals with an OCBC credit card and a lack of impulse control have become the bank’s latest market in their newly minted offering. Through a collaboration with Silicon Valley company Ondot, OCBC Bank is allowing its customers the ability to
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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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7 Fishy Things We Noticed When Looking into Dato’ Vida’s LaVida Coin
The LaVida Coin is the latest ICO launched by Datuk Seri Hasmiza Othman or better known as Dato’ Vida, beauty mogul and a divisive figure in Malaysia. Perhaps because of Dato’ Vida’s reputation as a successful businesswoman, the LaVida Coin
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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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Malaysians Can Now Link Their Hong Leong Debit Cards to WeChat Pay
Malaysians who own a Hong Leong debit card can now start treating the freshly-launched WeChat Pay as their extended Hong Leong account, with the announcement of a new partnership between the e-wallet and the bank. Now, users can link their
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