
Payments
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
Read MoreFinally, 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
Read MoreMalaysians 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
Read MoreWeChat Pay Launches in Malaysia With An Alipay-Killing Money Gifting Scheme
After a few months of a soft launch WeChat Pay, a QR code-based e-wallet finally makes its official debut in Malaysia into the wallets of at least 20 million active WeChat users. With such a crowded market here in Malaysia,
Read MoreDigi’s vcash Will Be on 10,000 Terminals Thanks to AmBank and an SME Strategy
Besides fintech companies, telcos have been making big pushes towards growing and developing their e-wallets for Malaysia to move into the cashless future. Digi was part of that trend, with the launch their e-wallet vcash at the end of last year.
Read MoreHow Many E-Wallets is Too Many E-Wallets In Malaysia?
I don’t think there are any concrete lines we can draw about how many e-wallets in Malaysia is more than neccesary, but I would argue that over 40 is far too many for one ecosystem. And that’s just the ones
Read MoreGrab and Maybank Ties Up to Drive GrabPay
South East Asia’s ride hailing giant, Grab and Malaysia’s largest bank Maybank, has announced their partnership to drive the acceptance and usage of GrabPay in Malaysia. This partnership also involves collaborative efforts to drive merchant acquisition. Maybank’s Malaysia customers will
Read MoreMoneyMatch Embraces Ripple’s Blockchain Solution to Power Payments
Ripple, the enterprise blockchain solution for global payments, is announcing that five new customers across Europe and Asia will use xVia to power frictionless payments over RippleNet, among the companies announced is Malaysia’s very own fintech company MoneyMatch. xVia is
Read MoreSoft Space Secures Series B Funding from Sumitomo Mitsui, Eyes International Expansion
Soft Space announced the closing of a Series B investment with Sumitomo Mitsui Card Company (SMCC) a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), which is one of the largest financial groups in Japan. Founded in 2012 Soft Space
Read MoreiPay88 Attempts at Banking the Underbanked with Virtual Accounts
iPay88 today announces its latest offering known as the ‘Virtual Account’ – a payment solution that is targeted at the country’s ‘underbanked’ communities. Malaysia has a total population of 31.3 million as of 2017, with about 22.6 million being adult
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