Payments
BNM: E-Wallets Need to Move Beyond Cashbacks to Be Sustainable
During his keynote speech at the “Malaysian E-Payments Excellence Awards” Assistant Governor Adnan Zaylani Mohamad Zahid outlined the state of e-payments in Malaysia and the key strategic focus for Malaysia’s payments journey. Some key progress that we’ve made that was
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Public Bank First to Adopt DuitNow QR
DuitNow QR is established under Bank Negara Malaysia’s Interoperable Credit Transfer Framework (ICTF). ICTF mandates that PayNet, as the country’s shared payment infrastructure provider, implement an interoperable and common QR standard for Malaysia. DuitNow QR is an extension of the
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Valyou to Enable In-App Remittance to Western Union Agent Locations
Valyou, fintech subsidiary of Telenor group announced today that its e-wallet has integrated with Western Union to enable its customers in Malaysia to send money to Western Union agent locations across Bangladesh, Indonesia, Philippines, India, Vietnam, Myanmar, Cambodia, China and
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BSN Teams up With Sarawak Pay to Serve Rural Communities in Sarawak
Bank Simpanan Nasional announced today its collaboration with Sarawak Multimedia Authority during the launch of Sarawak Pay, an e-wallet application geared towards serving the rural communities within Sarawak. The state government received Bank Negara Malaysia’s approval to roll-out its e-wallet
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GHL to Offer Installment Payment Solution to 2,000 of Its Online Merchants
GHL Systems Berhad announced today that will be teaming up with Splitit Payments to offer the latter’s installment solutions to 2,000 of its online merchants in Malaysia, Thailand, Indonesia, and Philippines. GHL is one of the top merchant acquirers in
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RHB’s New Credit Card Feature 3-Digit Security Codes That Automatically Refreshes
RHB unveiled today at their press conference, its latest fraud prevention technology for their card users. Partnering with Visa and IDEMIA, their credit card generates dynamic card verification value (CVV) security code on an e-paper mini-screen at the back of
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Here are 5 of The Best E-Wallets in Malaysia (in My Opinion)
You may remember me as the person who complained about e-wallets last year, and later, complaining again about Malaysia’s drive towards cashlessness, which will probably be emboldened by—you guessed it—e-wallets. Do I generally have a skeptical eye on this still trendy bandwagon? Perhaps. After
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Soft Space Powers Maybank’s Tap2Phone Payments Solution
Maybank in collaboration with Visa Malaysia and powered by Soft Space launched their mobile payments app for merchants, Tap2phone. This new service, enables them to accept card payments from customers by using the app on their mobile phones without the
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Kuwait Finance House First to Adopt MoneyMatch’s Enterprise Solution
MoneyMatch and Kuwait Finance House (KFH) today announced a strategic collaboration to provide cross-border payments for KFH’s customers. This partnership marks MoneyMatch’s maiden entry to provide enterprise solutions via its newest product BankFX. According to their press release Kuwait Finance
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Touch ‘N Go E-Wallet Introduces Money-Back Guarantee Function
The Touch ‘n Go e-wallet has just announced a money-back guarantee, one of the first few to do so for mobile payments in Malaysia. The money-back guarantee policy is exclusive to the e-wallet app. Through this policy, users of the
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