MOBILE payment technology, such as the eWallet, has grown to be a multibillion-dollar industry because of the unparalleled convenience it offers users. Industry experts forecast that by 2022, the payment technology market transaction value worldwide will reach over US$13 trillion (RM52.67 trillion), and that’s huge!
Even in Malaysia you would have noticed a growing number of people using eWallets as their main mode of transactions. Having wads of cash may be a thing of the past as even vendors in pasar malams are offering cashless transactions these days!
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