How E-wallet companies make money?, data collection? 
May 9 2019, 05:11 PM
QUOTE(lambsauce @ May 9 2019, 04:50 PM)
App like boost gives cashback for every transaction we make, n this is on top of cc benefits that we can get
Do they pay merchants some % of total sales to partner with them, or the other way round, where merchants share some % of their sales with e-wallet company?
While other one like Grab Pay could leverage their food delivery services to get food merchants on board, but after all, is it sustainable with all the promos n cash back?
or they are all bleeding till a point that they are powerful to sell or make use of these huge pool of customer n transaction data they collect?
inb4 money laundering lettew
I paid one of my car insurance using one of the ewallet service last yearDo they pay merchants some % of total sales to partner with them, or the other way round, where merchants share some % of their sales with e-wallet company?
While other one like Grab Pay could leverage their food delivery services to get food merchants on board, but after all, is it sustainable with all the promos n cash back?
or they are all bleeding till a point that they are powerful to sell or make use of these huge pool of customer n transaction data they collect?
inb4 money laundering lettew
dunno why suddenly this week so many agents call me to renew with them
suspect my data leaked by some company along the way
I knew it since I used one of my non official contact number as contact number for the insurance
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