maybank ewallet bestest


MAE > all

your business class got teach a dozen of wallet competitors to benefit consumers? Enlighten me.

you guys are overreacting. dozens of wallets without makes consumers hard to use, because merchants cannot support that many wallet payments, that's why we still in the cash/credit card era. I would say max 3~4 is ideal.

Can you imagine if there are over 10 credit card issuers?

maslan_bingung.gif

I presume you are a customer and not a business establishment.

AFAIK, there is 1 whereby the customer can withdraw your money to your bank account. Quinpay.

The good thing about Quinpay is, if you do it right, you can get 50% discount from shops that accept Quinpay.

The bad thing about Quinpay is, Quinpay is not listed in Bank Negara as ewallet. But for shops that do accept, you can use it just like an ewallet.

I thought this was the problem.

Ewallet need to be monopoly or limit to just a few

Two sides of the coin.
Competition will spur operators to gip lower transaction fee to merchants, increasing take-up rate.
Users will be given sweeteners to use a particular ewallet (this is debatable, as ultimately somebody has to pay for these sweeteners).

Downside of too many players is users cannot utilize one wallet exclusively, resulting in opportunity cost of having cash stuck in multiple wallets. Not every merchant accept all wallets, although I observe TnG is slowly gaining dominance.

Tats why I now use only MAE

All others allow you to send money to bank accounts only after validation checks

Maybe you need to rephrase this, for ktards have poor comprehension.
They will think we do have over 10 cc issuers - Maybank, Ambank, SC, Citi,...

Malaysia do have more than 10 credit card issuers. Way more if it's globally.

Having many e-wallet sure is a problem but this won't be a problem in the future as the government has launched DuitNow QR. It's a single universal QR code so the merchant just need to have one seller account, GrabPay for example, and he can accept payments from any banking or e-wallet app.

Ewallet is lousy and low tech. Suitable for small stall and vendors.

mae sudah

easy to use

Thought TNG just got their license? They should be introducing link to bank feature soon.

U do know that acquiring a cc terminal cost merchant money? Not to mention places like lowyat like to charge 2% for using cc
Meanwhile many merchant I been to always ask me to do tng or boost or grab if I can.

In covid era don't think cash is anywhere viable. Also not to mention getting cash backs from topping ewallet from cc, easier transaction with ewallet (despite many).

China has been with cashless way before our time, thought we can't have 1 app do all, multiple ewallet still better than cash. And if you don't like certain wallet just use one, like me.

i prefer ewallet...

no need touch money...

haram sial duit tu....

I think the problem is too many Ewallet around la

lol this is the stupidest thing I've heard today... thanks.

You don't want any of them to dominate the market. Let them come up with a viable model which would naturally draw the most market, other ewallet will follow resulting in healthy competition

This post has been edited by amir.asyraf: Jan 14 2021, 10:51 AM

Ayam use cos got diskaun and free shiet. If no benefit then no point la.. but well free shiet is good.. So u can use cash while paying for our free shiet. Same context with CC

back then it was worth it to go through all the hassle to get points from those ewallets. now all the loopholes are either patched or restricted.

the only problem with ewallet is there are too many. make 1 platform that you can manage all of them. I have balance in boost, tng, grab, shopeepay. Because not everyone support every platform.

Well it should reward proper usage rather than loopholes to churn money. That is equivalent to money laundering and friends la..

Now i use specific wallets and pay for stuff for my extended family since they are potato.. i pass along diskaun, get cash upfront for payments and collect the points while having mcm yes credit record.