CEO: Time for e-wallet environment to consolidate

From left are CEO of Axiata Digital Services/Boost Khairil Abdullah, Head Virtual Banking and Payments Maybank Kalyani Nair, CEO of TNG Digital Syahrunizam Samsudin and CEO of Main Street Capital Julian Ng during the MyFintechWeek 2019 at Bank Negara. - NORAFIFI EHSAN /The Star

KUALA LUMPUR: The Malaysian e-wallet environment is ripe for consolidation, say top industry players.

Representatives from key e-wallet providers namely Boost, TNG Digital and Maybank said in a forum yesterday that only a few service providers will be able to sustain operationally over the long run.