BigPay, GrabPay, TouchnGo e-wallet and Boost are saving CC info at their server or payment server.

I didn't perform data migration from old phone to new phone.

Stored credit card info are able to retrieved back upon logging in.

It is normal for the them to store credit card info at their side. As long as we need to give OTP to perform transaction then is okay... But boost can transact without OTP..

I remembered Grab and GrabPay also no need OTP.

It is common. Cc provider has mechanisms call tokenisation which can deposit your credential in safe

Give Cashback to make it widely accepted such that the convenience is more important than the cashback.

When they gain widespread acceptance, merchants cannot afford not to be on Boost, and that's when they get charged.

I don't have a business/marketing degree, but I'm pretty sure that is the strategy.

For now, I'd keep collecting cashback.

Merchantrade VISA card is it count as e wallet?

Why I can’t vote? 😭

not logged in, or already voted?

Group: Probation
Posts: 1

Maybe this?

Oh isit?... hahaha okok.

UUM morphs into cashless campus with kiplePay

KUALA LUMPUR: Universiti Utara Malaysia (UUM) has inked a strategic collaboration with kiplePay Sdn Bhd (kiplePay), a wholly-owned subsidiary of Green Packet Bhd, to enable cashless transactions to be conducted under a unified system in its campus in Sintok.

URL: https://www.theedgemarkets.com/article/uum-...campus-kiplepay

Umobile launching e-wallet today

Look like similar to BigPay....
More info soyacincau Twitter

I have many eWallet,

From Boost, Grab pay, Fave, TnG, Wechat pay, MBB QR Pay, CIMB pay.

I think e-wallet and cc is a bit different. For cc, visa or mc, irregardless from which bank, as long as merchant accept visa/mc, it can be used in any merchants.

However for e-wallets, some merchant accept boost, some accept touch n go, etc, so one will need to sign up to a few e-wallets.

Wow, that’s a lot. Why u end up having so many?

I wonder how safe is their server? I am a bit worried on this.

Having Unionpay and JCB as options are tempting though, I would probably ditch Bigpay because of this.

The only e wallets that you should have in your phone are Boost, Grabpay, TnG and Favepay...because they have a huge merchant base, and will be growing from time to time, don't forget that these are also the e wallets that provide decent rewards (TnG is seasonal though)...

Having these 4 e wallets are already enough (not saying that you should use all 4 of them but only consider these 4 if you wanna join the e wallet community), cuz you can use whichever that you wanna use during certain times and many merchants nowadays accept more than one e wallet (usually these 4), and when one is down, you have another one as backup.

The whole purpose for e wallets is for convenience and paying by just using your phone, and also getting rewards by making payments sometimes. Yes, our e wallets have a long way to go to be up to par with what China has, but it wouldn't hurt to give it a try and embrace the cashless society for the future.

E wallets here are all following regulations under BNM, so there's no need to worry about their server. If people are worried about e wallets, then why do people still use banking apps, how do you know it's completely safe? Just because it's a bank, but then you get CIMB with their occasional data leak and stuff, but people are still using it anyways. If you say banking apps are safer cuz they follow regulations under BNM, then it's the same thing with e wallers as well.

This post has been edited by xperiaDROID: Jun 18 2019, 06:00 PM

hey..... Professional is explaining below. I have the same stand as he mentioned.
Please refer to the below of why am I having so many eWallet.

For users staying in Sarawak, + SarawakPay but -TnG.
BTW Favepay is not really an e-wallet.

I wouldn't consider myself as professional lol, I'm just a fan of e wallets and mobile payments, and just saying what I've observed so far from using e wallets for like more than a year...

It's true that we have too many e wallets, no one would like to clutter their phones with e wallets and top up each and every one of them, that's why it's best to have not more than 4...

And the 4 are the ones that I've mentioned (Sarawak is probably different because they have SarawakPay), cuz those are the only decent ones so far.

How is SarawakPay's merchant base in Sarawak so far? Saw KK Mart in KL accepts SarawakPay as well.

Yeah, Favepay is not an e wallet, but they're like mixing themselves among the bunch, which people at first would thought that it's really an e wallet, but logically it's not.

This post has been edited by xperiaDROID: Jun 19 2019, 11:52 AM