Budget 2020: E-wallet stimulus big push for digital payments, Boost CEO says


Boost CEO Mohd Khairil Abdullah: "The Government’s e-wallet stimulus initiative will also greatly drive the adoption of e-wallets as an exceedingly convenient method of payment for consumers. Importantly, it can also be viewed as a form of endorsement of the technology used which is safe and very secure for financial transactions."

KUALA LUMPUR: The government's proposed e-wallet stimulus will give a boost to this exceedingly convenient method of payment for consumers, Boost CEO Mohd Khairil Abdullah says.

Below is Mohd Khairil's statement:

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

CelcomDigi posts RM398mil net profit in 2Q, 3.4c div/share
Malaysia's 2Q GDP outpaces estimates at 6%
AmBank Group feted for corporate responsibility efforts at Euromoney Awards 2026
Oil steadies after US threatens indefinite blockade of Iran
Ringgit opens higher against major, Asean currencies ahead of 2Q GDP announcement
FBM KLCI sinks as commodity plays retreat on lower oil prices
Trading ideas: Gamuda, MN, TSR, ETA, Chuan Huat, Tomei, Guocoland, Orkim, Maxis, UOA, AirAsia, LPI, Keyfield, Pharmaniaga
Fed's Goolsbee says latest inflation data is better
IOI Corp set for multi-year production recovery, better earnings
Rising costs dent MR DIY earnings prospects

Others Also Read