I just lol at people using e-wallet payment cause I always see them fumble around the apps, not enough cash in wallet, no phone signal, problem with store unable to accept the e-wallet, re-login into payment apps (some apps really like wtf after update without any notice have to re-login while standing in front of cashier like idiot)

Me, I just whip out cash like a boss and straight no hassle.

Don't know about we-chat in china but I won't feel very comfortable if one payment apps dominate everything. It usually means if they start charging fees, u wont have any option but to accept. There needs to be standardization and regulations on it to protect consumers.

This post has been edited by TrialGone: Jan 14 2021, 10:53 AM

awaiting for touch n go to become the one ewallet to rule them all.

inb4 syarikat kroni monopoli

tbh
ayam oso pening lol
one shop got tng, one shop got boost, one shop got grabpay la
like imagine if go to different shops, one shop accept cards from padini wallets, one shop from crocodile wallets, one shop from abah moomoo wallets. liddat i oso revert back to cash la. most shops pakai one
and then there's the issue of fumbling thru the apps, cannot scan la, no connection la

but ewallets are good for not having to carry too much small notes. if ayam doing side gig selling stuff den getting the exact amount of payment is nicer.

With e wallet, Credit card will obsolete soon?

I use for rfid. Also once in a while got extra reward or cashback. A few cashback here and there, can save a lot

tng also need ic pic

I still like CC, one is postpaid the other is prepaid. I use which ever that gives me the most benefit and depends on merchant availability. If they accept CC, CC is always the first choice. If no then only eWallet. Last is cash, or unless something that I cannot let my wife know

You are right ... many "Business" operator dont have proper documentation, lesen pun tak semestinya ade.

Proper business registration pun takde camne nak apply proper business ewallet.

Thats Bank Negara Requirement for all deposit taking entities

Take it up with bnm la

You're right, it's called Credit card network

you're so smart that you cannot even understand my meaning and straight away attack me. Do you even know what does "dozen" mean? and you mean a dozen of wallets are healthy competition?

As of now paywave still faster than qr code, that reason alone i prefer more on paywave let it be physical card or nfc payment, just tap and payment done

Yes it is. The more the better. Sure you feel inconvenienced because there's so much and fragmenting the market, but that only shows adoption is relatively still in its infancy in Malaysia. When adoption matures, we'll see the list narrow down to the more successful providers, AKA those that deserve it.

Competition isn't bad for consumers, at all, both short and long term.

there arent really a dozen, the mainstream one are still tng, boost and grabpay. Let them fight it all out, see who will come out on top. Basically, if you have the 3, you are covered for all shops that accept ewallet.

take up rate will definitely not as fast as expected, because cc is still dominant. China is only fast because, they skip the cc era. so they only have ewallet as their choice. Hard to lure people away from cc, due to people are used to it and attractive cashback and free gifts during signup

TS posted a dumb story and MIA

Our e-wallet is at a state of stagnation where the next improvement can only be done through nfc(paywave) and also direct link to bank card and straight debit. (No wallet or too up involved) Also, all the e-wallets in Malaysia I’d say is inferior lolol. Just bring in Apple and google Pay and all our ewallets will die. E-wallets in msia are just the software version of prepaid debit cards. It’s really nothing revolutionary. We copy tongsan Dino tech and think it’s new tech while everyone moving on to nfc payments

And I don’t agree with too many e-wallets. It’s like fragmentating money

This post has been edited by KekTart: Jan 14 2021, 01:15 PM

Debit card/credit card are way better.

Who the heck bring lot of cash nowadays outside. It's not safe with current condition. Rising of unemployed people.

Even nowadays u can pay using card as low as 0.50 cent. Just use paywave and u done.

This post has been edited by xpole: Jan 14 2021, 01:09 PM

CC still better than ewallet, let me tell you; in CC if fraud transaction happened, 1st degree debit holder is bank

whereas in eWallet or debit card are, consumer is the 1st degree debit holder. any fraud transaction is direct geared by consumer herself. can't on hold transaction, can't refund without opponent return the money

let alone marketing stunt like pay wave, QR code

Yeah, same experience. The technology is good, but the policy and implementation are bad. The experience in Jakarta is better.

The other day I wanted to purchase something at Levis, but they don't offer e-wallet not even QR pay. I went across to Giordano instead and purchased there instead because they have a plethora of e-payment channel. Their loss, not mine.