Expanding but not as popular as Boost. SarawakPay is a copycat.
It is backed and managed by Sarawak Government, so we use it to pay all the state government related bills and utilities. But now they move into retail stores.

Now Banks are removing rewards and rebates, and Boost is cutting down the rebates as well, then SarawakPay can be attractive now.

You will know why KK Mart in KL is accepting Sarawakpay after reading this news...
https://www.theborneopost.com/2019/05/05/sa...4-million-mark/

It took Boost quite a while to get to their current stage, which I believe same can be applied to SarawakPay if they do it right.

They seem to have huge ambitions, and I have a feeling that they would wanna try to expand to West Malaysia soon.

This post has been edited by xperiaDROID: Jun 19 2019, 12:27 PM

Just got a call from GoPayz, their system still in pilot test, they need to freeze my account and refund back money to me which I had reloaded yesterday during sign-up.

Same here, I thought it was Boost lol.

Me too. Took me a while to register who was calling me. I had to ask 3 times before I remembered that I signed up. If their system not ready for public, then why bother doing a big launch event for? Waste the publicity and interest generated only...

it was a soft-launch by taking advantage of BNM's MyFintech Week (MyFW) conference (in conjunction with Malaysia Tech Week 2019 organised by MDEC)

they already told the launch would be in July

Announcing it doesn't mean they should launch it immediately, it's just like announcing a new phone doesn't mean it should go on sale immediately either.

But it's great that they're not launching it immediately, they could still improve and change something, also survey on what the consumers think and want.

Also, since Visa, Mastercard and Unionpay is available at the start, they could also wait until when their JCB cards are ready as well, according to what they planned.

https://www.unionpayintl.com/en/mediaCenter...News/5429.shtml

GoPayz?

What advantages does it have? If no clear advantages, there's no point.

Retailers and customers would mostly go for a few e-wallets, the most popular ones. Too many is not practical - just imagine a retailer's counter cluttered with QR code for too many e-wallets.

There's one huge advantage over Bigpay, lower withdrawal fee from ATM.

Also, people can choose which card scheme they want, Visa/Master/Unionpay they got everything covered, with JCB coming soon as well.

I'm gonna get either Unionpay or JCB when it launches.

Wonder what's taking them so long...

It's already July.

This post has been edited by xperiaDROID: Jul 8 2019, 06:58 PM

My ATM withdrawal has no fees.

I can choose Visa or Mastercard now.

And most important - how good is their rewards/cashback?

Not sure if we are on the same topic.

Because you're using a bank card and withdraw it from that bank?

I'm talking about Bigpay charging RM 6 for ATM withdrawal, whereas it's only RM 1 for Gopayz...

However other info about Gopayz is still scarce though.

Well, yes, we need to know how innovative their marketing is before we can judge. But it's a crowded marketplace, and Boost is hard to beat for now.

but i sense that the cash back reward of Boost is getting less and less attrative recently.

Yes, cashback is getting less attractive.

They are moving away from that and moving more into winning prizes, and one-off promotions.

For now, they have the biggest market share.

i said exactly the same thing a few months ago and got flamed
they are in the business to make money, not give out freebies all the time

It is a non-sustainable model.
Pretty sure the day will come whereby rewards will be scaled back.

Malaysians, you do you expect?

Pretty sure there will be one day where there is no rewards at all. Like some of those plastic cards in your wallet.

Just wait till they got more penetration, now at 8%.

Anyone received an email from Gopayz stating that they "closed the account and call back immediately for further assistance"?

UPDATE: The CS said that those who registered for the account earlier should reapply for a new account when it officially launches, however CS wasn't sure about the launch date but will be sometime this month.

This post has been edited by xperiaDROID: Jul 9 2019, 12:38 PM

hmm. well originally i only have wechat pay, because i dont like to install too many apps and since i use wechat a lot so wechat pay becomes my first choice. and then installed Boost just to ride on their cashback. these are the only 2 ewallets i have. i agree that cashback rewards will not stay too long - Boost's cashback reward is by far the most long lived one and as a consumer of course i would like to see it is never-ending but it is not practical.