E Wallet Malaysia
Malaysia has recorded 7 new covid 19 cases today which is a new record low during the mco.
E wallet malaysia. Are there too many e wallet providers in malaysia. There are generally 4 ways to top up your e wallet in malaysia. Free rm50 ewallet credit for all eligible malaysians. This article has been updated to clarify alipay s functionalities.
Molpay cash at 7 11. Top up e wallet via molpay cash at 7 11 outlets only for razerpay grabpay for now. The firm added that since e wallets can be used for a variety of payments the retail food and beverage e commerce and peer to peer trans fer industries are expected to be the most popular given the small ticket size per transaction. In malaysia the e wallet market is projected to grow to us 20 billion rm83 8 billion by 2024 professional services firm pricewaterhousecoopers malaysia said.
A mobile e wallet is an electronic virtual wallet you carry in your smartphone. Top up e wallet via visa or master credit card. E wallets have been mushrooming in malaysia over the last few years with new platforms surfacing every now and then. Go completely cashless with just one app.
With a total of 47 e money licences issued by the central bank the e wallet scene is still quite a crowded. Apart from advising touch n go alipay has been available in malaysia for quite some time now initially for the benefit of mainland china tourists though the e wallet can be used by malaysians as well. I can take extra care of my childrens since i am worry free because i dont have to bring my purse or bag with me just single item. Top up e wallet via online baking like maybank cimb rhb uob etc.
Grabpay one of malaysia s leading e wallet providers offers you the convenience of paying for everyday services like bills groceries food rides services prepaid reloads and more all within one app. You will also earn grabrewards points for every transaction you make with grabpay. To date there are a total of 53 e wallets in the country with the industry occupying 19 of malaysia s fintech space according to a 2019 report by fintech malaysia fintechnews my. Top up e wallet via visa or master debit card.
Passionate about the country s future as a cashless society tng digital is steadily driving the charge ahead as the leading ewallet for malaysians to use anywhere anytime and thus helping to. This then poses the next question. My life gets better with e wallet.