APPLE PAY IN MALAYSIA, Official arrives in Malaysia! Aug 2022!
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 Feb 12 2020, 10:42 PM
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#1
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Junior Member
493 posts Joined: Sep 2010 
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Malaysian banks are so stupid not supporting Apple Pay and prefer to watch as Boost, TnG and Grab take their market share. Apple Pay & Android Pay are their only weapon to fight back eWallet incumbents!
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Feb 12 2020, 10:52 PM
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#2
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Junior Member
493 posts Joined: Sep 2010
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QUOTE(acbc @ Feb 12 2020, 10:48 PM) Local banks are resisting Apple Pay because need to share some % with Apple. Who would share profits with a competitor anyway? Well would you rather share tiny amount of fee or let your customers go to new incumbents? This is a business decision that smart executives would know best. But our execs are mostly dumb asses! |
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Feb 12 2020, 11:05 PM
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#3
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Junior Member
493 posts Joined: Sep 2010
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QUOTE(hft @ Feb 12 2020, 10:58 PM) I use card issued by foreign bank. Fantastic & convenient. Problem is exchange rate would kill you unless you are a tourist. |
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Feb 14 2020, 10:08 PM
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#4
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Junior Member
493 posts Joined: Sep 2010
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QUOTE(PHI_1.618 @ Feb 13 2020, 02:58 PM) I agree, coz i see ppl start using ewallet more than credit cards. Yes but long term e-wallets will figure out ways to cut CC off to improve their margins once they dominate the market. Common bait and switch tactics:But think about it, most people topup their ewallet using credit card (like me and my wife). Maybe there are bank charges to those ewallet company like how they charge merchants whose accept credit card? That's why they don't really care about it yet? |
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