It does seem that Malaysia is moving towards becoming a cashless society by 2050. Despite being 32 years away from that year, we are already witnessing the mushrooming of digital payment platforms in Malaysia.
Maybank has announced, starting 8 July 2019, that any reload to all Malaysian third-party e-Wallets using Maybank Cards will no longer earn any Maybank rewards (TreatsPoints / Membership Rewards™ Points / Treats AirMiles) and Cash Back.
Been taking advantage of Maybank’s generous cashback and rewards points when reloading your e-wallets? Time to say goodbye to that (unfortunately), as Maybank has announced all eWallet reloads will not be eligible for such benefits, effective 8th July.
*Updated on 5th September 2017 Another cashless online payment solution in the form of Alipay has landed in our country. Find out how it works and what it can offer Malaysians in this article.
By the end of February, Samsung Pay was launched in Malaysia, helping the nation take another step towards a cashless society and furthering mobile payment adoption. The smartphone’s digital wallet is a mobile payment system that is integrated into selected Samsung Galaxy models.
