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 APPLE PAY IN MALAYSIA, Official arrives in Malaysia! Aug 2022!

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Mavik
post Feb 11 2022, 09:30 AM

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QUOTE(creep @ Feb 10 2022, 08:46 PM)
not sure bro …what i mean maybe no big launch/cutover,
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Yeah the marketing cost for a big launch doesn't justify the business case or ROI. Cheaper to utilise existing channels to promote rather than buying ad space
Mavik
post Feb 11 2022, 11:11 AM

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QUOTE(Thebestscammer @ Feb 11 2022, 10:25 AM)
the ROI is being able to use apple's brand name. being the first bank in msia that supports AP is going to gain some traction and even some CC sign ups if they roll out support for CC first then only DC so that way those that wants to be able to flex using AP will apply for CC if they dont already have it.

If they really want to milk money out of people they can say AP will only support this particular CC at the moment and more cards to come later so people would sign up for that specific CC

Maybe you are just downplaying the possible trend that AP could bring in msia due to inexperience or just stubborn. maybe I'm wrong and the ROI indeed will suck, who knows

but im still not convinced that creep's insider info is real lol. Feel like lots of buzzwords were thrown and those that really want AP to come is gobbling it up like mad. it's not going to come to msia in 2022 and most definitely not before Q1 2022. I'm just puling this statement out of my ass. I would like to use AP in msia but the gov and every FI have their heads so far up e-wallet's ass I doubt they will bring AP. The infra is there already, merchants dont need to update their old terminal as it already support NFC for years but yet its still not here.

Maybe 2 years after the first official apple store opens in msia it might happen but its just a hunch that I pulled out of my ass.
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Depending on the size of the base of customers, my past projects with the credit card teams, most credit cards users are not profitable and those that are profitable are <RM1000 over 5 years. Which is why it really becomes a volume game. Most of the time, customers who are smart to utilise the cards fall under the segment which typically "game" the system. They have multiple credit cards for the cashbacks, promos and points and constantly repay back within the stipulated time. Mostly revenue comes in is actually through merchant transaction fees.

I don't doubt that AP will eventually be available but don't expect large amounts of investment in both time and money by the banks to push this out. I would say it will become part of a BAU release without being at the top priority of management project reports.
Mavik
post Feb 23 2022, 06:27 AM

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QUOTE(Thebestscammer @ Feb 22 2022, 04:24 PM)
AP not here yet so people dont know how it works. terminal dont need to have 'AP' category to accept AP. AP is the same as you tapping your CC just that your CC info is digitize into AP thats all

there is no additional settings to add or change in existing terminals
but people will argue about this anyway to stay relevant including the people saying its coming soon™ just waiting for this and that approval altho its been months already and yet no update.

gonna have to unsubscribe to this topic soon since its just clickbaits now haha

you can use AP on any terminal that accepts CC / DC just that the cards will be oversea cards and not malaysian cards. unless you wanna argue that msia terminal so geng they update the terminal to accept oversea AP before msia even have their own AP????
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The additional setting that they are probably doing is mostly to cater to local AP payment that has a different MDR rate compared to overseas credit card. As a merchant I wouldn't want to pay more. Also, if I am not mistaken, the patch also enables the POS data to be shared to AP so that you can see the itemised line item in the phone rather than just a transactional number.
Mavik
post Mar 14 2022, 11:54 AM

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QUOTE(kmykoh @ Mar 13 2022, 08:49 PM)
why still no bank integrating google pay and Apple Pay to do payment, public transport, banking system in Malaysia? It will be a big hit if they do so. They can gain so much market share for free just by doing this. Don't they want to earn money? Malaysia banks are so weird.
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Real data and facts don't show it. Some banks went and spent money with huge launches for Samsung Pay and provide the ability for payment, etc..etc.. and the results were extremely bleak.
By pushing it through, unless they get the volume, it might end in loss making for them. iOS users tend to be a small % of their customer base.

QUOTE(PoisonSoul @ Mar 14 2022, 09:23 AM)
1 word, 5 letters, BM language - MALAS

also, tidak apa/peduli attitude. Don't wish to be competent in their network/line of work.

*edit: typo
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Having been in the industry for 7 years and working with the business heads, various MDs, CTOs, CIOs and all, its not about laziness. Studies were done, reviews were done and not just internally but with the team from Apple and Google. The numbers just don't work currently especially for Apple Pay (cost outlay to time to ROI). Focus is still on meeting financial obligations to shareholders. At the end of the day, the decision is strategic, whether to put the effort and money into this project vs another project which has a faster ROI and higher benefits.

At the end of the day, its very simple. If we can't even get V2 (125 pages of threads?) of this thread here in LYN, see how much "demand" there is for a technology like this.
Mavik
post Mar 16 2022, 08:53 AM

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QUOTE(kmykoh @ Mar 14 2022, 06:01 PM)
They can integrate both google pay and apple pay like any other country. It is 100% market share of Malaysia
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I love your enthusiasm for the 100% market share.

But for any bank right now, especially the larger ones, one of their more recent headaches are with users on Huawei phones.

So yeah, 100%, sure.
Mavik
post Mar 16 2022, 08:55 AM

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QUOTE(wjleong15 @ Mar 16 2022, 05:20 AM)
How?
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Step 1: Take a screenshot of your MySejahtera vaccination page (the one with the 3 QR codes)
Step 2: Email that screenshot to a PC/Mac and display the screenshot on the camera
Step 3: Take your iPhone (must be updated to the latest iOS) and open the camera app and scan each QR code
Step 4: When scanning the QR code, you will get a prompt to add that to your Apple Health (repeat X times based on the number of vaccination jabs you got)

To check, go to your Health App and search under Immunisations.

You can't get it into Wallet yet until its certified (still trying to figure that out).
Mavik
post Mar 16 2022, 08:55 AM

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QUOTE(Jasilu90 @ Mar 15 2022, 03:05 PM)
maybe wait for another 5 years also dont have it⋯😞
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https://appleinsider.com/articles/22/03/15/...entina-and-peru

sweat.gif sweat.gif sweat.gif
Mavik
post Apr 4 2022, 11:18 AM

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QUOTE(DogeGamingPRO @ Apr 3 2022, 09:00 PM)
Probably helps that Samsung is doing business in Malaysia directly as Samsung Malaysia Electronics, while Apple is not.
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Apple has an office here with the necessary setup here especially when you see services in Malaysia already charged in RM. If they weren't here nor set up here, all prices would still be in USD$.
I have dealt with the local office here and local staff here in several projects

Mavik
post Apr 4 2022, 05:54 PM

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QUOTE(kevinpss @ Apr 4 2022, 01:59 PM)
I don't think Samsung Pay need to apply license with BNM? now there are so many Lazada Pay, Shopee Pay, Grab Pay, and Capital A pay. I still don't understand why not APPLE Pay.
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Yes, the banks who implemented Samsung Pay also went through the same process with BNM (I was with a local bank when the team was going through that process) and it took a while as well. Just that the curiousity from the community wasn't as high as that.
Mavik
post Apr 8 2022, 09:20 AM

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QUOTE(PoisonSoul @ Apr 8 2022, 08:16 AM)
Now can add into Apple Wallet too! Those already added into Health, go to Health app and tap on ur covid vaccination details and then tap on the newly enlightened “Add to Wallet” button!
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Awesome stuff, thanks for the update!
Mavik
post Apr 26 2022, 02:41 PM

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QUOTE(aazzam14 @ Apr 26 2022, 12:05 PM)
A prepaid card would better, as mentioned in the article, parents can set a limit.

But how bold of BSN to announce such plans of launching a device holding Bank Card info without high security/authentication
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No different than giving the kids a TouchNGo card LOL
Mavik
post Apr 26 2022, 03:56 PM

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QUOTE(aazzam14 @ Apr 26 2022, 02:42 PM)
Quite different if it links to Bank Card, such as how BSN wanna do it
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Its just a bank card which is definitely limit control and prepay, the mechanism is still the same. Just that one a bank holds your deposits whilst the other an ewallet player holds your deposits. Both also offer you interest (although TnG now offers you a higher interest). At the end of the day, the fundamental is a cashless way to transact, regardless of the medium or where the money is stored or controlled.
Mavik
post May 6 2022, 09:39 PM

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QUOTE(leroy92 @ May 5 2022, 04:56 PM)
i think if we can get everyone to keep sending enquiries to Apple and Maybank directly, and not depending solely on the petition. Will probably garner more attention directly at Maybank and Apple that there is a demand for Apple Pay in Malaysia
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They are already working on it and its currently awaiting for certain decisions from Bank Negara according to the insider sources here in the forum
Mavik
post May 8 2022, 09:09 PM

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QUOTE(ericlaiys @ May 8 2022, 09:11 AM)
BNM work very slow. Look at how they progress on digital bank already can see slowness compare to SG.
i doubt applepay and googlepay will come to MY within 2 years.
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If you go back a few pages of this thread, you would see that Apple pay has already being live tested at certain locations here already.
Mavik
post Jun 6 2022, 03:30 PM

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QUOTE(syhwzn @ Jun 6 2022, 02:06 PM)
few more weeks before we enter Q3, still no words about apple pay ? does anyone expecting announcement tonight?
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Not at all, no real expectations about the event
Mavik
post Jun 13 2022, 05:30 PM

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QUOTE(adiyon84 @ Jun 7 2022, 03:47 PM)
Guys, my friend from Ipay88 just forward me his invitation meeting mentioning "ApplePay Integration stand-up Meeting". It means that the Apple Pay will and definitely be coming very soon to our country! Sorry I can't disclose any details or  the picture that he snap as it was meant for Internal communication only. rclxm9.gif  biggrin.gif
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Interesting news, especially coming from iPay88 as they are a payment gateway and if I am not mistaken, I don't see them being in the POS/Merchant terminal business (selling the device for physical merchants). I know Apple Pay is one of the online methods of payment and perhaps this is referring to that?
Mavik
post Jun 14 2022, 04:57 PM

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QUOTE(adiyon84 @ Jun 14 2022, 04:42 PM)
Hey bro, you are correct. After I asked my friend what exactly the meeting is all about, he said that they are doing internal demo on "Online" Apple Pay. Not involving the typical NFC kind-a type (Merchant Credit Card Terminal) and they gone thru via website using some sort of API..  smile.gif
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Its going to be interesting with that payment because if you watched the latest WWDC, the pay with Apple Pay on any device online using the iPhone would be an interesting area for iPay88 to look at.
Mavik
post Jun 14 2022, 07:07 PM

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QUOTE(Jasilu90 @ Jun 14 2022, 05:06 PM)
If only ipay88's discuss online Apple pay, does it mean that Malaysia still does not open the Apple pay service, but only has the offer Apple pay option for foreigners to use?😮‍💨
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Actually the service is available here in Malaysia, just whether the local banks and POS terminal providers want to participate only. For example, Singaporeans can come here and pay with Apple pay on their iPhone at any of the local POS terminals (which uses the NFC functionality)
Mavik
post Jul 14 2022, 04:29 PM

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QUOTE(me076310 @ Jul 14 2022, 02:57 PM)
This is true, i’ve been using apple pay extensively since last December. Apple pay will work as long as the terminal has the ‘wave’ capability. Only a few merchants refuse to accept apple pay even though their terminals support it.

I know you guys here are anxious about apple pay i can feel it from the way you write and ask questions, some had even PMed me 🤣. But rest assured the launch is imminent.
If it somehow failed to materialize, i would never update you all again in this thread.
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Any limitations in terms of being able to wave for large amounts? Like buying things at RM1k and above?
Mavik
post Jul 14 2022, 05:01 PM

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QUOTE(TableBottom @ Jul 14 2022, 04:58 PM)
This depends on the banks themselves on the limit they want to impose, you can see the details linked here.
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Means I still have to carry my cards around then. Since in Singapore the link mentioned that anything more than $200 may not go through.

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