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 the main problem with ewallets in Malaysia

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Fester
post Jan 14 2021, 10:37 AM

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Joined: Jun 2005
QUOTE(tshin810 @ Jan 14 2021, 10:17 AM)
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?
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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.


 

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