This took effect in May 2020, and had the unfortunate effect of removing one of Boost’s most unique features.
#Most common bills to pay code
However, this still requires the user to scan the QR code at the counter.Ī rise in the number of e-wallet related scams in 2020 caused Boost to discontinue a feature that allowed users to withdraw their credit to a bank account. It’s also expanding on a partnership to allow users to pay for parking in the greater KL area.īoost also has a partnership with Shell stations, allowing users to pay for petrol at over 800 stations around the country. More importantly, it’s been working with utilities like Telekom Malaysia and SYABAS to all in-app bill payments. The company has been targeting pasar malam vendors across the country, and has seen some success in that regard. Notable merchant: 99 speedmart, Telekom Malaysia, SYABAS, DBKL Parkingīonus: Boost’s main audience are smaller merchants that are only experimenting with the idea of cashless payments. Instead, it’s a collection of the most useful locations.įinally, there is a summary of additional features that set that particular e-wallet apart from the competition. Next is a short list of stores that accept the particular e-wallet this is not a complete directory since it would take too much space to fit everything into one place. Firstly, payment technology is important for how easy it is for both customers and merchants to begin using the system. Most common would be the option to transfer funds between individuals although there are also features like buyer protections, loyalty card integration, and proprietary magnetic strip technology.įor this comparison, we use the most important metrics for an e-wallet. Each service adds their own sprinkling of features that they believe will bring the most benefit to their target audience. Payments are not the only thing that these e-wallets are capable of handling.
![most common bills to pay most common bills to pay](https://cdn.slidesharecdn.com/ss_thumbnails/howamericanspaybills-130123102047-phpapp02-thumbnail-4.jpg)
![most common bills to pay most common bills to pay](https://www.thoughtco.com/thmb/CwR30e567e3K7WzVwZHGDMrcTF0=/1500x1000/filters:fill(auto,1)/common-english-idioms-3211646_FINAL-e86550f01e89481eb8db75b8fb8bb8ac.png)
Transfers using Near Field Connection (NFC) technology also exist, but aren’t supported by a lot of smartphones. Some use QR code scanning to establish connections between customers and merchants in the real world, while others are only confined to internet transactions. How this works varies across the types of e-wallets. You load funds into a virtual wallet, and then use those funds to pay for goods and services. On the surface, e-wallets are like payment cards that work out of an app. We take a look at the most popular e-wallets in Malaysia and try to figure out which gives you the best ROI. Given the options available, it’s not easy to decide which of these to adopt. This situation has led to the introduction of e-wallets digital services that help people pay for things through smartphone apps.
![most common bills to pay most common bills to pay](https://i.pinimg.com/originals/18/19/d3/1819d3941fa095368a7fa7c101f73e2b.png)
Others remain wary about credit cards and their potential pitfalls. Yet, not everyone has ready access to credit and debit cards. Having to dig through wallets for cash feels very primitive in the 21st century. We compare the most popular e-wallets available in Malaysia, covering what they offer over the competition and why they are special.