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PETALING JAYA: The increasing popularity of mobile payment due to the high mobile penetration rate is not seen as a material threat to Malaysian banks, according to RAM Ratings.
BEIJING: China's central bank is considering regulations that would significantly limit the use of third-party payment systems, including the payment arms of Alibaba Holding Group and Tencent Holdings Ltd.
KUALA LUMPUR: Public Bank Bhd has teamed up with Revenue Group Bhd to launch the all-in-one digital payment terminals which will be made available on Friday.
IPAY88 Sdn Bhd has achieved a milestone, having secured more than 60% market share of all online payment gateway systems in the market being used by e-retailers, SMEs and corporations for online transactional operations.
Ride-hailing operator Grab extended its payment platform to brick-and-mortar merchants in Singapore for the first time last week, as it sought to leverage its four-million app downloads to give it an edge in an increasingly congested cashless payment landscape.