Payments

TransferWise 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

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GHL 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

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HelloGold 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

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Touch ‘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

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MoneyMatch 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

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3 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.

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UOB 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

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Maybank 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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What Razer’s Malaysian Headquarters Launch Means for its Fintech Ambitions

Razer today announced the official opening of its new country headquarters in Malaysia, housing over 280 employees within The Vertical at UOA Corporate Towers. The event was graced by Malaysia’s Minister for Finance Lim Guan Eng, as well as Minister

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Malaysians Will Soon Be Able to Use Their Boost E-Wallet in Singapore and Thailand

Thanks to a partnership agreement signed between Axiata Digital’s Boost e-wallet and Singtel’s VIA alliance, Malaysians will soon be able use their Boost mobile wallet to make payments in Singapore and Thailand. VIA was launched by the Singtel Group in

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