Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 the main problem with ewallets in Malaysia

views
     
xperiaDROID
post Jan 14 2021, 01:03 AM

K
*******
Senior Member
3,966 posts

Joined: Jun 2014
From: Kek L
U must be new with e wallets

The one simple fact is that e wallet apps DO ALLOW business users to withdraw money to their bank account, it's just that it's not instant because it will only go through in a day or two after u made a settlement

Reasons why some merchants still insist on not adopting e wallet as payment method are because:

1. They're not exposed enough to tech stuff so cash is safer to them
2. They need instant cash because their business not doing well
3. They're not willing to pay for MDR fee because their business not doing well

What you said is never a problem, you just need to know about it, that's all.
xperiaDROID
post Jan 14 2021, 01:17 AM

K
*******
Senior Member
3,966 posts

Joined: Jun 2014
From: Kek L
QUOTE(Lucas0323 @ Jan 14 2021, 01:09 AM)
Of course business can withdraw otherwise whats the point of receiving payment via tng. Majority consumer concern is once reloaded can't withdraw with defeat the purpose of ewallet. Might as well call it edebitcard
*
TS question was towards business users, not consumers

If you're talking about consumers like us, u gotta blame those cheapskate idiots who abused the withdrawal system just to get that few ringgits of breadcrumbs from their puny credit cards which is why now most e wallets don't allow withdrawal anymore

My take is that not being able to withdraw is fine if u just reload a sufficient amount to ur e wallet or just reload whenever u wanna use it before making ur payment, I don't think one would reload like more than RM 1k unless the person is buying something expensive.

This post has been edited by xperiaDROID: Jan 14 2021, 01:19 AM
xperiaDROID
post Jan 14 2021, 02:12 PM

K
*******
Senior Member
3,966 posts

Joined: Jun 2014
From: Kek L
QUOTE(drug5 @ Jan 14 2021, 10:44 AM)
I think the problem is too many Ewallet around la
*
It's not a problem if you choose the right one, they're not there to force you to use it

No one told you to use all the e wallets that's available

They're indeed flooding the market, but it's never a "problem" because it's still entirely up to you on which to use.

QUOTE(TrialGone @ Jan 14 2021, 10:52 AM)
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.
*
That's called slowpoke and dumb

If the app isn't working, then use the other app, if still same problem then use card, many ways to go cashless without issues

And also have at least a little bit of cash in ur wallet in case of emergency, it's not hard

Personally have not been using cash nowadays, 99% are either e wallet or card.

QUOTE(AyamV @ Jan 14 2021, 01:12 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
*
Let me tell you, not everyone is eligible to apply or want a CC

Also let me tell you, don't use the debit card that's tied to your main savings, but use another debit card for payments instead

And also let me tell you, e wallets will be responsible if unknown transactions happen.

 

Change to:
| Lo-Fi Version
0.0141sec    0.35    6 queries    GZIP Disabled
Time is now: 16th December 2025 - 04:03 AM