Only Offer RM50 e-Wallet Credit to MySejahtera App Users
Jun10

Only Offer RM50 e-Wallet Credit to MySejahtera App Users

 10 June 2020 – According to Pelan Jalan Semula Ekonomi Negara (PENJANA) announced by the Prime Minister of Malaysia, Tan Sri Muhyiddin Yassin early of this month, approximately 15 million Malaysians (who earn less than RM100,000 annually) are entitled to received RM50 e-wallet credit from the government, bewteen July and September of 2020. The objective of this initiative is to encourage e-wallet usage for safe,...

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Malaysian Now Can Access BNMLINK Services Online
Jun10

Malaysian Now Can Access BNMLINK Services Online

 10 June 2020 – Members of the public can access BNMLINK services via BNM’s online platforms, at https://telelink.bnm.gov.my/ from now onward. BNMLINK represents one of Bank Negara Malaysia’s important points of contact with the general public. It acts as a centralised point of contact to facilitate a rapid and effective response for members of the public and small and medium enterprises (SMEs) in matters...

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Western Union Sees Significant Improvement in Digital Transactions
Jun03

Western Union Sees Significant Improvement in Digital Transactions

 3 June 2020 – The Western Union Company, a global leader in cross-border, cross-currency money movement and payments, has provided an update on the Company’s transaction trends for its Consumer-to-Consumer (C2C) business for the month of May 2020 in response to the evolving business environment amid the COVID-19 pandemic. As previously disclosed, in the latter part of the first quarter the Company began to see substantial...

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Global M-Commerce is Gaining an Increasing Share of Digital Commerce.
Jun02

Global M-Commerce is Gaining an Increasing Share of Digital Commerce.

 2 June 2020 – The latest research from Comscore, a trusted partner for planning, transacting and evaluating media across platforms, shows that as worldwide audiences continue to shift toward engaging more with mobile and multi-platform devices, mobile commerce (m-commerce) is gaining an increasing share of digital commerce. In the 2020 “Global Mobile Payments Outlook” whitepaper, Comscore examines the state of...

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Valyou Team Up with eSewa in Nepal-Malaysia First Wallet to Wallet Money Transfer Service
Jun02

Valyou Team Up with eSewa in Nepal-Malaysia First Wallet to Wallet Money Transfer Service

 2 June 2020 – Valyou, a Malaysian mobile financial services business unit of Telenor Group has formed a partnership with eSewa, a licensed payment service provider by Nepal Rastra Bank which allow Nepalese to receive money from their relatives or friends in Malaysia by asking them to transfer money from their Valyou wallet in Malaysia directly to their eSewa app or bank account in Nepal. With the partnership, eSewa Money...

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Malaysian Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and Canadians
Jun01

Malaysian Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and Canadians

 1 June 2020 – FICO, a global analytics software firm, has released its Consumer Digital Banking Survey which found Malaysian consumers are more comfortable opening bank accounts on their smartphones than consumers in the US and Canada. The study showed that 23 percent of Malaysians prefer to open a bank account on their phone compared to 18 percent in the US and 16 percent in Canada. “It is not surprising that Malaysian...

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