That pink colour is the same pink I have here in the UK, guess they copied from Monzo as Monzo started like 4 years ago

now read this on what BNM wants



Electronic Money (E-Money) Exposure Draft
Embargo : For immediate release
11 Jun 2021

Issuance Date: 11 June 2021

Summary
This exposure draft sets out Bank Negara Malaysia (the Bank)’s proposed requirements and guidance for issuers of electronic money (e-money) approved pursuant to section 11 of the Financial Services Act 2013 (FSA) or the Islamic Financial Services Act 2013 (IFSA).

The proposals in this exposure draft outline the regulatory requirements that e-money issuers must fulfil as well as expectations for the operation of e-money business.

Find out more: Exposure Draft on Electronic Money (E-Money)

Bank Negara Malaysia
11 Jun 2021

PIDM extends protection to e-money issuers in trust accounts

https://themalaysianreserve.com/2021/06/24/...trust-accounts/

FUNDS placed by e-money issuers in trust accounts tied to a banking institution will receive protection from the Perbadanan Insurans Deposit Malaysia (PIDM).

Bank Negara Malaysia (BNM) had recently published the Exposure Draft of the Policy Document on Electronic Money (e-Money) which supersedes BNM’s current guideline on Electric Money issued on July 31, 2008.

....

the wallet kena the CC fraud issue is which 1?

I frequently use Boost and Paypal because they're available both in Malaysia and other countries. I travel a lot because of my job, so these payment systems are quite practical. However, I don't like that Paypal has a monthly limit with transactions. It's bad that this limit can't be avoided in our country. That's why I have several gaming merchant accounts on different platforms, including skrill and others. That's why I have to use fraud prevention services by one payment gateway company.
P.S. I guess Skrill should be included in the list too because Malaysians also use this wallet.

But I heard that skrill the conversion is crazy?

MPay in partnership to launch prepaid MasterCard, e-wallet | The Edge Markets

KUALA LUMPUR (Aug 3): Managepay Systems Bhd (MPay) has entered into a partnership for the issuance of MPAY PanPay MasterCard Prepaid Card, MPAY Smartlink Wallet and MPAY Smartlink Online Wallet.

The partners are app creator Smartlink Asia Bhd, fintech outfit Richwood Ventures Bhd, direct selling outfit Panpay Holdings Sdn Bhd, and e-commerce outfit QMIS Richwood Blacktech Sdn Bhd (collectively referred to as Smartlink), MPay said in a filing today.

Under the agreement, Smartlink will promote the products, while MPay will provide expertise and interface to the system for management of the products.

“The parties shall endeavour to make MPAY Smartlink Online Wallet and MPAY Panpay (QMIS Richwood Blacktech) MasterCard Prepaid Card available to merchants’ outlets, as well as all MasterCard’s outlets throughout the world,” said MPay.

Shares of MPay traded unchanged at 24 sen today, valuing the group at RM201.93 million.

Great Deals Alert! Shop & Get up to RM38 Cash Rewards

https://www.aeoncredit.com.my/promotions-detail/6542

^Is Shopeepay not considered as ewallet? Not in top 5

ShopeePay started late. In the beginning they cater for payment within Shopee app only and if I remember correctly, only last year they started to expand for other online merchants and physical shops.
Perhaps that's the reason why ShopeePay is not included in the survey.

You are probably right

i am surprised grabpay falls behind boost n maybank. anyway, this is only a survey, not based on actual sales or transactions

This post has been edited by car_computer: Aug 25 2021, 12:11 PM

yes the chart is based on respondents to the survey, may be skewed due to individual preference

bnm wont disclose the actual sales number anyway since data is P&C to the ewallet provider.

Even eBelia earlier excluded GrabPay.

We have a surprise for all #SelangkahApp users!

Now you can make various cashless transactions with our latest feature.

Update your app now to check it out!


Selangkah is participating in the Selangor International Expo #SIBS2021 happening on Nov 18-21! Come visit our booth (No.4013-4015, 4022-4024)!

Great news if you have activated your #SelangkahWallet! The first 1,000 SIE visitors to activate it will get RM30!




This post has been edited by cybpsych: Nov 18 2021, 10:10 AM

anyone know airport transfer & pickup promo for December 2021?
either e-wallet or credit/debit card

read in alliance bank credit card thread

Virtualflex Launches New KA$Hplus E-Wallet, Equipped With Visa Prepaid Card