They are bleeding but building up the customer base with deep pockets of Tony and AirAsia.
In short term, they hope we will buy AirAsia tickets to cover the loss.
In long term, they are creating "value" and monetise the customer database by going for IPO or BigCoin's ICO, when new investors are willing to pay for it with a premium, regardless if it is profitable.

Not arguing la, only brainstorming, sparks flying n save a lot of work for Jonathan. By controlling CC reload I suppose withdrawal will be reduced as well.

 

i support your suggestion! Like it so much.

Every rule and regulation, there is loopholes to go around it 😁

u may not understand freelance liked me how important of Bigpay to relieve cash flow issue.

limiting withdrawal sounds very logic, but remember our cashback is at other banks loses. if not limiting the CC top up limit, how long before the banks will amend rules so all ewallet top up will be deemed ineligible for cashback? by limiting, it will be funny for banks for amend rules because of bigpay. it is good, and dont be greedy. why you want to top up with CC beyond 10k? if really wanted go beyond 10k, use ur CC.

Get more BP cards!

How to get more if we only have 1x NRIC  ?

Dun tell me ... parents?

Makes sense! I'll bring this up in our marketing & product meeting.

We're releasing a new version of the app today. We've added a feature that allows you to split bills and request money from your friends. Example: person A goes for lunch with person B and person C. Person A pays for the entire bill, goes to BigPay and sends a split bill request to person B and person C (provided they have BigPay too). Person B and person C will receive a notification and be able to either send the money directly or deny the request. Receipt can also be added to the request for everyone to see

Now... We’re introducing a fair usage policy when it comes to credit card top up. From now on, there will be a monthly limit of RM10,000 on credit card top ups only. Top ups via debit cards and online banking remain unlimited. Why are we doing that? Because we’re committed to saving you money and making financial services fair for everyone - but certain services are costly due to third party fees.

We encourage you to continue topping up via debit cards and online banking, which will remain unlimited as said earlier. We have a lot of really cool things coming, including some features you've been asking for here on Lowyat. I'll be replying to some questions later today, but you can already start shooting...

Actually you all still didn't get what I mean.
If you are limiting on withdrawal, you will limit the people to abuse the withdrawal for CB purpose but not limiting people who are really using it to buy stuff.
We should let BigPayJonathan to know about this and change another way of limiting rather than happy with what they implement currently. The more you support their implementation, the more they feel comfortable with it without knowing that actually limit the spending for their company as well. I wish I could tag Tony but he is not in the forum but if he see what I have written, they would have discuss again on limiting the withdrawal rather than reloading…

Exactly, I'm one of the genuine spender instead instead of abusing the cashback.

the Fx conversion rate is best in country however, I'm stuck at 10k reloading limit which I've hit the limit by now as of July.

Yes, that's why those who comfortable is the one who abuse the system, genuine spenders like you and me would have now limit by this new implementation…

Yes. My spending on July also beyond their new threshold.

What’s the point of reloading by CASA? I can just pay by other CC.