News & Reviews:   e-payment

Bank Negara Malaysia (BNM) has revealed several interesting statistics regarding e-payment transactions, showcasing its strong growth in our country. In a speech by Assistant Governor Abd Rahman Abu Bakar, Malaysia recorded 9.5 billion e-payment transactions in 2022.

The Penang State Government has annuonced that government services in the state will go 100 per cent cashless by the year 2030 in an effort to realise its digital transformation agenda. Penang Chief Minister Chow Kon Yeow elaborated that the State Government would intensify efforts to introduce cashless initiative soon, especially in major tourist hotspots. 

Today, our Minister of Finance, Datuk Tengku Zafrul Aziz told the media that MyDIGITAL will oversee the cashless payment to be made for all government services. The government is targetting by the year 2022 and it will be part of the Industrial Revolution 4.0 path.

For those of you who use the Setel app, this could be good news for you. The app is now officially available for use at over 800 Kedai Mesra stores across the country. This means that it's now a viable payment option at the store, allowing you to pay for items without needing to bring cash.

Once the Movement Control Order is lifted - and assuming it's not extended - many people could be looking to resume previous travel plans. For those of you who are doing so, you might want to look into using Touch 'n Go (TnG) eWallet during your trip. The company has just launched a cross-border payment service and it's going to be available first for Japan.

Petronas’ e-payment solution Setel can now let you pay for fuel by redeeming your Mesra Points via the Setel app. Mesra Points are generally points that you get when you buy fuel or items from Petronas stations, so it basically means you get Petronas fuel for free.