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> How E-wallet companies make money?, data collection?

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SUSDJJD
post May 9 2019, 05:14 PM

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QUOTE(swks26 @ May 9 2019, 05:12 PM)
Transaction fee from their vendors
Customer's money kept with them are getting interest from bank
*
There are many ways as well they can make money.

Loans to SME (since they have aggregated user data)
Data analysis for market research (share of wallet, for example once you have 1M users, you know roughly marketshare of Petronas vs Shell vs Petron, etc)

And many more.

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