News & Reviews:   ewallet

With the craze of releasing new e-wallets nowadays, the latest entry was announced by MYDIN. Today, MYDINPay officially launched and is now available for download by customers. The launch of ‘MYDINPay’ e-wallet app was officiated by the Minister of Digital, YB Gobind Singh Deo, at MYDIN Subang Jaya.

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.

Today, Touch 'n Go Digital announced a new partnership with Amanah Saham Nasional Berhad (ASNB). This marks the first and only eWallet agent to offer investments in ASNB unit trusts for Malaysians, which enables them to subscribe to all 17 ASNB unit trusts through the GOinvest feature through the TNG eWallet. These also complement the 9 unit trusts that are currently available on GOinvest. 

The government recently distributed eBeliaRahmah RM200 eWallet credit to youths aged 18 to 20 and eligible full-time students in our country. However, since its disbursement, there have been many stories of recipients getting scammed when trying to cash out the credit, something that the initiative expressly said NOT to do. 

Setel, Petronas’ eWallet platform and petrol payment solution recently announced that you can now pay for parking in Selangor and certain other states with the app. Previously, parking for the various districts and councils in Selangor could only be paid for online via certain apps like Flexi Parking and so forth, so it’s pretty good news that we can now do more with the Setel app.

These days, scammers are taking new levels to trick people out of sending them money. So as part of its ongoing efforts to enhance protection and security for its users’ accounts, Touch ‘n Go eWallet just announced that there will be five new measures to combat financial scams. 

Touch 'n Go Group has announced a new feature for the Touch 'n Go eWallet app. From now on, users can make investments in the app with GOinvest. TNG Digital CEO Alan Ni said that GOinvest would help all Malaysians to invest and not just be limited to those who can make huge investments.

Apple Pay is increasingly appearing a lot more lately. Just last week, users spotted the feature promotion coming soon on Shopee and Maxis, then now it was on Ambank's website. Initially, Ambank did tease Apple Pay a few weeks ago via SMS but now, the web portal that was up had already been taken down.

Remember the ePemula programme announced two weeks ago? It's this year's version of the eBelia programme from last year and aims to distribute RM300 million to Malaysian youths. Well, it's time to save that allowance because the programme is starting soon.

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.