News & Reviews:   mastercard

At the Singapore FinTech Festival, Mastercard unveiled an ambitious vision to transform e-commerce in the Asia Pacific: making online shopping completely password-free and card-number-free by 2030. While over a third of Mastercard transactions worldwide are already tokenised, realising this vision in the Asia Pacific — projected to exceed USD 7 trillion by 2030 — will require collaboration across the payments ecosystem.

Mastercard introduces Mastercard Threat Intelligence, a solution that leverages cyber threat intelligence to combat payment fraud comprehensively. So, what should you know about it?

Keretapi Tanah Melayu Berhad (KTMB) has announced that its ticket purchasing system will go fully cashless starting 1 January 2025. These include Klang Valley, northern, southern and east coast sectors.

Boost Bank has been around for a few months now. To celebrate Boost's 7th birthday, Boost Bank by Axiata and RHB is now rewarding all Malaysians with a 5% p.a. daily interest rate through the Boost Birthday Jar. For a limited time, the birthday reward will last until the end of October 2024.

Malaysia has become the first Asia-Pacific country to roll out Mastercard Bill Pay, a new bill management tool that combines electronic bill presentation and payment in one place. Officially launched in Kuala Lumpur yesterday (10 January 2023), the tool is available to consumers via ATX’s digital wallet GoPay and web-based online payment platform PayHub2U. 

Some may find it a hassle to open the e-wallet app when wanting to pay. If there's a slow internet connection, the payment process would be awkward, especially when there's a long line behind you. Luckily, more and more e-wallet platforms are rolling out physical cards nowadays. Boost has become the latest platform to join the force by announcing a partnership with Mastercard.

Back in 2017, Mastercard unveiled a biometric payment card that allows you to make purchases without ever touching a keypad and it's definitely a great idea to protect users' identities. Until now, the company is making the card with Samsung adding its own twist on it.

The Maybank Grab Mastercard Platinum Credit Card has been officially unveiled where you can earn up to 5 times more rewards, which you can apply starting from today onwards at any Maybank branch in Malaysia. Furthermore, if you were to apply for the aforementioned credit card online before 30 September, you’ll be eligible for an Edifier TWS1 True Wireless Earbuds if you spend a minimum of RM300 within 45 days of the credit card approval date.

When it comes to hearing Grab, you will definitely think of its e-hailing service. However, the company’s success doesn’t just come from the service mentioned alone. With GrabFood and GrabPay being parts of its app, Grab has silently changed some of our lifestyles by providing convenience and also a lot of great promotions. Now, Grab announced they will be collaborating with Mastercard to launch Asia’s first numberless payment card, GrabPay Card.

As many of you already know, Sunway has introduced a new integrated license plate recognition system and although it's not officially launched yet, the system will be online in the first quarter of 2020 at Sunway City first. It will be Malaysia's first smart parking system, but which e-wallet payment can it support and how do you register? We got you covered.