E-wallet race heats up


Early adopter: A man scans a QR code with his smartphone to purchase a drink from a vending machine in Guangzhou. China has been one of the earliest adopters of such a trend using mobile phones fitted with scannable quick-response codes which facilitate such transactions. — Bloomberg

PICTURE this scenario.You’re stepping outside your office for a drink at a cafe that you’ve been visiting for over a decade.After your drink, you walk up to pay.

But now, instead of giving the cashier cash like you’ve been doing all this while, you make your payment via your e-wallet, which is essentially an app residing in your mobile device that can be loaded with money and used to pay for goods and services.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , cashless

   

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