Payments
Razer Pay Will Be Launching Visa-Powered Prepaid Cards to Accompany its E-Wallet
Razer, the gaming equipment brand turned mobile wallet has announced a partnership with Visa with the hopes of “transforming payments in the gaming industry”—specifically by incorporating Visa’s scale and reach to the Razer Pay e-wallet. Basically, Razer’s fintech arm, aptly
Read MoreMoneyMatch Announced As First To Graduate BNM’s Sandbox at MyFintechWeek
It’s official, MoneyMatch is now the first to graduate Bank Negara Malaysia’s regulatory sandbox. This was announced during a session titled “Thinking Inside the Sandbox” at MyFintech Week 2019 jointly organised by Bank Negara Malaysia and MDEC. This announcement follows
Read MoreTransferWise Secures Remittance License in Malaysia
TransferWise has successfully obtained a remittance license from Bank Negara Malaysia (BNM). With this license, TransferWise will launch remittances from Malaysia in 2019. Prior to the license TransferWise customers can send money to Malaysia, but not from. With the launch
Read MoreGHL to Enable GrabPay QR Payment at 70,000 of its Payments Channels
GrabPay’s mobile QR payment will be accepted at GHL’s payment touchpoints soon according to an announcement issued by GHL today. Prior to this partnership GHL has also enabled CIMB Bank to accept QR payments from 6 major e-wallets. Through this
Read MoreHelloGold Teams up with Curlec to Automate Monthly Gold Investments
HelloGold and Curlec announced today that they will be joining forces to automate monthly investments for HelloGold’s customers. Curlec’s Direct Debit solution will be deployed for HelloGold’s SmartSave program; a program that enables its users to buy gold at the
Read MoreTouch ‘N Go Partners Up With Singapore’s EZ-Link to Issue a Multi-Currency Joint Card
Due to a variety of reasons, Singapore’s EZ-Link and Malaysia’s Touch ‘n Go cards are synonymous with travel in their respective countries. With travel across the causeway so common among residents of both, it is about time for a new
Read MoreMoneyMatch Becomes One Step Closer to Being the First to Graduate BNM’s Sandbox
MoneyMatch announced today they have been granted an approval in principle for a Class B remittance license from Bank Negara Malaysia. This makes MoneyMatch the first to receive an approval in principle among its sandbox peers, two of which has
Read More3 New Things WeChat Pay is Trying to Stay Ahead of Other E-Wallets in Malaysia
Joining Malaysia’s increasingly crowded e-wallet scene was WeChat Pay, launched here in August last year. The arrival was notable as Malaysia was the first region targeted by the platform that helped to contribute to the ubiquity of e-wallets in China.
Read MoreUOB Sees Double Digit Growth in Digital Payments in Malaysia
UOB Malaysia today reported that its customers’ use of digital payment methods in 2018 has grown by almost 50 per cent over the year before. This increase reflects changes in the way customers’ choose to make payments, a report compiled
Read MoreMaybank Aims to Convert Its 4.5 Million Mobile Users to Their New E-Wallet MAE
Maybank officially launched its new e-wallet MAE today, though many e-wallet enthusiasts would have already gotten their hands on it yesterday. MAE which is short for “Maybank Anytimes, Everyone” seems to be Maybank’s answer to Malaysians’ increased interest in e-wallets.
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