my friend and i tried boost just now - SS2 Durian House Stall

I thought the money will be transferred directly to the merchant's bank account in the next working day?

She told me because not banked in next day and that's why might have cashflow problem for small hawkers like them. Well she's not the most IT savvy so she might be wrong.

Also said boost system always down and stuff. Hard to confirm what she said. Any business owners can confirm?

not same-day settlement. either T+1 or the usual T+2. if boost late process payment (eg after 5pm), then +1 more business day to "see" the money.

this only happens on first few days of business. on subsequent days, seller still get money in their acct, but for past 1-2 days' sales, but perceived as "daily".

most sellers don't like ewallet because of this as they prefer cash for material purchase which is also in cash term.

Right i see what you mean. Getting the small hawkers to accept e wallets as alternative will not be easy.

now zero MDR/fee "promo" + incentive to use. still ok. just need to learn to use and acceptance.

once boost begin to charge MDR/fee, small hawkers definitely won't like it.

small hawkers who depend heavily on cash flow like that prove that their businesses really can't tahan. I have asked some hawkers in pasar malam too. some answer they checked once a week because most of the time e wallet will not show immediately. they mentioned there are delay but that doesn't bother them.

while some who quit from boost, mentioned they can't accept the delay of the cash.

so yea. good business but low cash flow. some are have multiple team on different areas of hawkers place. but those who rely on only 1 team will suffer.

Wonder if there's a solution to this.

Guys, just found out my email has 2 different rewards from Boost.

1. Get RM4 cashback with min spend of RM5
2. Get 60% cashback with min spend of RM5 , max RM3 cashback

So I just did a scan and pay transaction, am I entitled for two rewards ?

Better to do it twice to be safe. I got the same 2 emails twice about 3 days apart. I did 4 transactions just to be safe. Not forcibly so since I've been buying a few things at KK and 11street.

Latest update now comes with a new start screen...

Feels like opening a game.

Is it Durian Station next to the police station?

not that one. many stalls there carry the name SS2 so it is rather confusing

this stall is located in the middle. the exact name is SS2 Durian House Stall

I think I know which one you are referring to then. Should be the one next to the food court.

Strange last withdrawal from boost was beginning of the week, money already in but Boost still hasn't update, so still can't make another transfer

Usually it didn't take this long

Can you share the amount of days that Boost take to complete transfer to bank account?

hmm Mr DIY at BMC Mall still not Boosted, spent RM20++ without Boost

deleted

This post has been edited by drbone: Dec 1 2018, 04:19 PM

What do you mean by this line?

Weekend.. Fave - AMEX
Weekday.. Fave - Boost

Max benefits.. self-explanatory..