10 Most Popular E Wallet In Malaysia

August 01, 2021

FavePay isnt really an e-wallet as it doesnt store cash but is more of an extension of Fave previously Groupon. Both Merchants and Consumers Image credit.

Touch N Go E Wallet tng Maomaochia E Wallet Touch Electronic Wallet

This was recently found in a research conducted by App Annie Intelligence a trusted mobile data and analytics platform together with iPrice Group an information aggregator platform in Southeast Asia.

10 most popular e wallet in malaysia. MOLPay cash at 7-11. Touch n Go e-wallet was reported to be the fastest-growing e-wallet in Malaysia. You will also earn GrabRewards points for every transaction you make with GrabPay.

WeChat Pay is perhaps one of the most anticipated e-wallet to reach Malaysia. Most crucially though Boost is probably the most present e-wallet in many Klang Valley areas and practically synonymous with e-wallets here which is a branding success in its own right. Thus currently the app has around 4 million users 3 million in Malaysia and ranks as the 4th most used e-wallet app in the country.

Grab is the Top E-Wallet in Malaysia. 8 Popular E-Wallets Trending in Malaysia Right Now 1. BigPay is an e-wallet and accompanying prepaid.

It provides the additional benefit of being able to also buy bus tickets. In 2019 research on e-wallet users perception and behavior towards popular e-wallet brands in Vietnam conducted by Cimigo Market Research shows that Momo Moca and ZaloPay are the three most popular e-wallets in the two main cities of Vietnam. These three e-wallets account for more than 90 of e-wallet users.

It was initially ranked 4 when it was launched in Q2 last year but quickly rose through the ranks to secure rank 2 as of Q3 2018. However it does give cashbackfreebies with merchants. Top-up e-wallet via online baking like Maybank CIMB RHB UOB etc.

There are generally 4 ways to top-up your e-wallet in Malaysia. GrabPay one of Malaysias leading e-wallet providers offers you the convenience of paying for everyday services like bills groceries food rides services prepaid reloads and more all within one app. COVID-19 will drive Malaysia to become a cash free nation.

Borders bookstore 99 SpeedMart SenHeng Nandos Tesco Teppanyaki Regiustea Petsmore Mydin. Maybank launched a convenient and speedy payment solution called QRPay. If youre a frequent AirAsia flyer then BigPay is for you.

Boost was introduced in 2017 by Axiata Digital and has proudly claimed to be Malaysias homegrown lifestyle e-wallet app that is both secure and rewarding. Highest adoption rate in the market. Top-up e-wallet via Visa or Master debit card.

According to data Grab Touch n Go eWallet Boost and Fave are Malaysias most actively used mobile e-wallets in the past 2 years. It allows you to send and. Securing their license from Bank Negara Malaysia in December 2018 Grabpay officially began rolling out its wallet in 2019.

Currently there are 5million users on its platform with 100000 merchants registered. There are many unique advantages to Tony Fernandess new venture with the most obvious one being the inclusion of. Top-up e-wallet via MOLPay cash at 7-11 outlets only for RazerPay GrabPay for now.

Boost The best in e-wallet in Malaysia. With Boost Wallet you can scan and pay send and request money buy vouchers and send them as gifts manage you postpaidprepaid bills pay utility bills AND pay for certain street parking. In this article we will write about the most widely used popular e-wallets in Malaysia.

Based on these combined metrics and my personal experience Boost app is undoubtedly the best e-wallet in Malaysia right now and poised to be more dominant. Top-up e-wallet via Visa or Master credit card. Of all the e-wallets that have been introduced to the Malaysian Market in recent years Boost has continued to be the most popular option for Malaysian consumers that utilise e-wallet services with more than half of e-wallet users using Boost.

Being tied to one of the most popular instant messaging services available. The study indicates that Grab is the most actively used e-wallet however since the data includes users who may be using the app without necessarily using GrabPay as a payment option the data might be skewed towards Grabs. Owned by AirAsia BigPay is said to be the next big thing according to the company.

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