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KUALA LUMPUR: Despite filing a police report claiming that her credit card had been compromised, a bank here is still insisting that the cardholder foot the bill.
PETALING JAYA: Touch ‘n Go eWallet is aiming to achieve at least an 80% penetration rate for both users and merchants by 2020.
While most Malaysians enthusiastically embrace a cashless payment system, risk and security issues are being highlighted more than ever and the prevalence of people getting duped through online scams is growing, while cybersecurity threats continue to lurk on the horizon. In order for mobile payments to succeed, concerns regarding privacy and security must be addressed.
As millions of online shoppers can attest, it sure is convenient to let websites store credit and debit card numbers so the data can be "auto-filled " on the next visit.