AWANI Review: PayNet: Driving Malaysia's Cashless, Digital Future
In 2023, PayNet processed RM5.15 trillion in transactions—3.3 times Malaysia’s Real GDP. As Malaysia advances its cashless journey, Group CEO Farhan Ahmad discusses the future of digital payments and financial inclusion, impact of Gen AI on payments and preparing for evolving threats.
Sat Aug 24 2024
Fave appoints new country manager for Malaysia
Fave, Southeast Asia's smart payments app appointed Gary Yeoh as country manager in Malaysia, offering his experience in digital payment to the emerging Buy Now Pay Later industry.
Thu Feb 03 2022
Ant's Malaysian e-wallet venture with CIMB in talks to raise $150 million - sources
TNG Digital Sdn Bhd, says its Touch'n Go e-wallet is the country's biggest with more than 15 million registered users.
Thu Jan 21 2021
Italy offers Christmas cashback in push for digital payments
By encouraging on digital payment, Italy hopes to crack down on chronic tax evasion costing the public up to 100 billion euros per year.
Sun Dec 13 2020
Virtual gold? Bitcoin's rise sparks new debate amid pandemic
The migration toward digital payments and digital representations of value continues to accelerate, driven by the COVID-19 pandemic.
Mon Nov 09 2020
Malaysians more digitally inclined, cash usage declined since COVID-19
Malaysian consumers are becoming more digitally inclined, as evident in the rise in the adoption of digital payments, e-commerce and preference for online activities.
Wed Sep 02 2020
Malaysia leads mobile wallet usage in Southeast Asia
The inputs were gathered from 10,000 consumers and/or business professionals across 10 markets in the Asia Pacific region.
Wed Jun 24 2020
Facebook to buy 10% stake in telco unit of Reliance Industries for $5.7 billion
WhatsApp is trying to secure approval to roll out its digital payment service in India, which will see it compete in a crowded market with the likes of Google Pay and Paytm.
Wed Apr 22 2020
Charge for online instant transfer to be waived next year
This is to encourage more people to utilise digital payment platforms.
Fri Dec 08 2017
Bank Negara approves Sarawak Pay - Abang Johari
Bank Negara Malaysia (BNM) has approved Sarawak's digital payment system, Sarawak Pay, said Chief Minister Datuk Abang Johari Tun Openg.
Sat Oct 14 2017
Digital payment firms cash in on India's money mess, but can it last?
Signing people up, however, may be the easy part.
Tue Nov 29 2016
Are you ready for a cashless society?
While we have yet to fully integrate a cashless ecosystem, payment trends are definitely evolving in line with new developments in technology.
Mon Mar 23 2015