Payments

Sabah Teams Up with Boost to Launch its Own E-Wallet, Sabah Pay

Sabah Credit Corporation on Tuesday launched Sabah Pay in collaboration with Boost. The launch of Sabah Pay is part of the state’s Smart Sabah Initiative, in the said initiative the Sabah government has given Sabah Credit Corporation a mandate to

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KiplePay’s White Labelled E-Wallet is Unlikely the First Approved by BNM as They Claimed

There were multiple reports this week that claims KiplePay, a subsidiary of GreenPacket “has become the first fintech player in Malaysia to provide a white-labelled e-wallet solution with Bank Negara Malaysia’s (BNM) approval.” While I have no doubt that they

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Touch ‘n Go eWallet Joins the DuitNow Eco-System and Adopts the DuitNow QR Code Standard

Touch ‘n Go eWallet will adopt the DuitNow QR, Malaysia’s National QR Standard and become a participant in the DuitNow eco-system, operated by Payments Network Malaysia (PayNet). DuitNow QR is established under Bank Negara Malaysia’s Interoperable Credit Transfer Framework (ICTF).

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PETRONAS’ Petrol e-Payment Solution Setel Will Soon Be Available Nationwide

Setel an e-payment solution that enables drivers to purchase fuel directly from their mobile devices will soon be available at PETRONAS stations nationwide. First introduced in 2018, was developed to “eradicate customer pain points in refueling. It was initially only

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What’s Next for GrabPay?

In Malaysia, e-wallets are all the rage these days. The Malaysian public’s interest with e-wallets was further accelerated when the government set aside RM 450 Million for the e-Tunai programme, which grants qualifying Malaysians RM 30 in selected e-wallets. With

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BigPay Adds India, Nepal and Bangladesh to Its Remittance Service

BigPay just added three new corridors to its international remittance service: India, Nepal and Bangladesh. BigPay’s remittance service was first launched in September 2019, with remittance service available to Singapore, Thailand, Indonesia, and the Philippines. The service enables users to

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Cyberjaya is The First City to Adopt Malaysia’s National QR Payment Standard DuitNow QR

Finance Minister Lim Guan Eng today launched the Cashless Ecosystem for Cyberjaya, a collaboration between Cyberview and PayNet. In a media statement issued to Fintech News Malaysia, Najib Ibrahim, Managing Director of Cyberview shared that Cyberjaya will be the first

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As a Long Time Fintech Observer, I’m Not a Fan of e-Tunai — Here’s Why

In this past couple of days, the e-Tunai programme seems to be all everyone is talking about and understandably so — free money tends to have that effect on people. In case you’re unfamiliar with the Malaysian scene or if

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Tranglo to Power WeChat Pay’s Remittance in Hong Kong

Fresh off securing a global cross-border remittance partnership with AliPay, cross border payment specialist Tranglo announced today the support for WeChat Pay Hong Kong’s users to send money to Indonesia and the Philippines. Mobile and electronic payment services in Hong

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Tranglo Enters Global Cross-Border Remittance Partnership with Alipay

Tranglo through its Singaporean entity has entered into a partnership with Alipay to provide cross border remittance services The company said the deal marked a significant milestone in the company’s history, as it enters a collaboration for the first time

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