News & Reviews: e-wallet
Aug 28, 2022
A few years ago, e-wallets were seen as a novelty. Nowadays, many Malaysians in urban areas use them regularly. They're still not commonly used by those who live in rural areas. But the government wants to push more people in those areas to use cashless payments.
Jul 05, 2022
Universiti Putra Malaysia (UPM) School of Business and Economic Assoc Prof Dr Anuar Shah Bali Mahomed has lauded the recently launched Malaysia Digital initiative for its ability to reduce corruption. Specifically, the initiative’s comprehensive implementation of a cashless system will reduce occurrences of corruption as bribes are usually made in cash to avoid being traced.
Jul 01, 2022
The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) has revealed that traders are now more welcoming of e-wallets and cashless transactions throughout the country. Its deputy minister, Datuk Rosol Wahid in a statement yesterday shared that a total of 3919 new traders are actively using these cashless transactions nationwide as payment methods.
Apr 19, 2022
If you’ve ever visited the historic city of Melaka, then you’ve definitely seen one of those colourful trishaw rides on the road. Well, the next time you visit Melaka and want to take a trishaw ride, you can actually now pay using Touch ‘n Go e-wallet!
Malaysian youths can claim RM150 e-wallet credit via BigPay, GrabPay, ShopeePay and Touch ’n Go starting mid-AprilApr 01, 2022
The Finance Ministry (MOF) in a statement yesterday announced that around 2 million Malaysian youths will receive an RM150 e-wallet credit starting this mid-April. Part of the government’s ePemula scheme, those that are eligible include youths aged 18 to 20 as well as full-time students in higher learning institutions.
Furthermore, those eligible would get to enjoy the benefit through one of four e-wallet providers, which are BigPay, GrabPay, ShopeePay and Touch ’n Go. MOF said that the four e-wallet service providers have a network of 1.2 million retailers in Malaysia.
Mar 27, 2022
Many of you may have heard of it by now, but if you didn't, the government is launching a new programme called e-Pemula. The plan is to distribute a total of RM300 million to Malaysians in the form of e-wallet credits. Of course, there's a stipulation on who gets to benefit from this.
Feb 17, 2022
Recently, Menteri Besar Selangor Inc (MBI Selangor) has made an investment agreement with Wavpay Fintech Holdings regarding the e-wallet Super App Selangor. This business initiative will see WavPay collaborating with Selangor E-Wallet Sdn Bhd to develop the e-wallet app.
Setel Share e-wallet feature is now available for friends and family to help pay for fuel together in MalaysiaDec 08, 2021
Setel has been around in Malaysia for quite some time now and just recently, the company just announced a new Setel Share feature. It is the first e-wallet sharing feature in Malaysia that allows motorists to pay for fuel via the Setel app without being at any Petronas stations.
Feb 09, 2021
The movement control order (MCO) stops us from visiting relatives this year, but it doesn't prevent you from sending Ang Pows. Yesterday, Maybank announced that you can send them via its MAE app. Today, Boost confirmed that its app will let you do the same.
Nov 06, 2020
Malaysians aged between 18 and 20 years old, will be eligible for an RM50 e-wallet credit in order to promote cashless transactions. While not much is known in regards to which exact platform will be giving out the aforementioned credit, we do know that it will most likely be platforms such as Grab, Touch ‘n Go eWallet, Boost, and potentially more.