Call for e-Wallet firms to work together and boost industry

“We are working closely with Paynet (Payments Network Malaysia Sdn Bhd) as we want to be part of this network, ” Khairil (pic) said at a virtual press conference yesterday.

PETALING JAYA: E-wallet providers have to work together to move the industry towards inter-wallet operability where money credits can be moved between different e-wallet operators, according to Boost chief executive officer Mohd Khairil Abdullah.

“There are a lot of things the regulators are doing to support inter-operability. The interoperable credit transfer framework had been issued by Bank Negara to promote wallet interoperability.