News & Reviews:   Payment

The Bantuan Prihatin Nasional (BPN) was announced earlier this month and it served as a way for the government to ease the financial burden of Malaysians during the movement control order (MCO). Today, Finance Minister Tengku Zafrul Aziz announced that the second phase for Bantuan Prihatin funds will be given out starting from 4 May 2020.

In line with the Bantuan Prihatin Nasional (BPN) initiative, today will be the first phase which will last until 12 April 2020. With this, the Lembaga Hasil Dalam Negeri Malaysia (LHDN Malaysia) have taken the initiative to inform every Malaysian citizen about the official SMS messages they will receive during this week.

In a collaboration between Shell Malaysia and Boost e-wallet, more than 800 Shell outlets across Malaysia will officially support payment via the Boost App starting April 2019. To give a little more information regarding the Boost E-Wallet, it is a mobile app that stores digital currency which then can be used to make purchases and payments to partnered services.

Boost App is an e-wallet has been launched in Malaysia which helps users to send and receive money through the app. Not only that, the e-wallet enables the users to make payments to eligible merchants in the nation as well as make bill payments to Boost partners such as Telekom Malaysia, Astro and Syabas.

Apart from selling devices, Samsung is also involved in other businesses, which includes shipping, construction and even white goods. One of the features that they have introduced previously is Samsung Pay – a payment system that allows Samsung phones to be used as payment instead of cash. It seems that Malaysia is next on the list of countries to have this payment system as Samsung users have been prompted with an invitation to join the Open Beta trial locally.

While other countries are busy using Android Pay, Apple Pay or Samsung Pay for their daily payment convinience, we as a country have yet to embrace wireless payment technology – until now. Maybank just introduced MaybankPay, the banking company’s own mobile payment service via smartphones and supported devices.