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    • When I was in KL, I remember visiting an eight story mall and being surprised to see at the center of the ground floor an ice skating rink.

      I would think that Boost’s group bill pay option, which automatically calculates and splits your bill with friends, is a strong selling point for mathaphobic adults.

      Grab’s expansion from ride sharing to banking services like GrabPay makes economic sense: instead of paying transaction fees to a bank, Grab has become its own bank.  (In our community, the largest regional bank is owned by the largest regional grocery chain.)

      @JazliAziz , is there a specific reason why Alipay isn’t more popular?  I know that Alibaba is the equivalent of Amazon (or perhaps more accurately Ebay) in China, but I don’t have a sense of its presence in Malaysia.

    • Thanks for a fascinating article. I also agree that Malaysia might have a better idea than we do in the West. I have never been fond of Apple Pay. Just seems like another entity thrown in the middle of the pay cycle.

      I especially like the idea of it coming right out of my bank account instead of worrying about adding money to it.

      And I love the idea of how widespread it can be.... from individuals at a garage sale (I am assuming) to mainstream merchants.

    • Great post. Very eye opening. Sometimes the simplest solution really is the simplest solution. Come to think of it, whenever I shop at Whole Foods my iPhone flashes a QR code so I can be recognized as a Prime member and maybe get a discount, and they can big data me and know where I am. Bastards.

      Had to look up Grab. Never knew about them. Holy shit (tahi suci?).

    • Fascinating! I had no idea QR codes were being used so extensively for payment services.

      It does seem a little bit less convenient than what I'm used to with Apple Pay, though. There are lots of services competing for your attention, so it seems like it could be hard to find the QR code for the one you actually want to use. It also looks like you have to open a specific app, then use it to scan the code; is that correct? I like that with Apple Pay I can just press my phone's side button two times and then hold it near the reader.

      Do you know anything about how these payment servicers handle fraud? For instance, if someone gets access to my GrabPay account or steals my phone and drains my prepaid account, would I have any chance of getting that money refunded? What about with Maybank where the funds come from my checking account?

    • my credit card has 2% rebate for all purchase, capped at RM 50 per month. So by using any e-wallet, as long as I top up using my card, I'll enjoy the rebate. Good thing about e-wallet is that some small business that don't have credit card terminal actually support e-wallet. And I'll be able to use my credit card indirectly and enjoy my rebate by paying through e-wallet apps.

      Sadly it's not all roses and unicorn with e-wallet. Some inconsiderate people will hold up the line at the cashier because they didn't reload and always keep their balance at bare minimum. so everyone behind need to wait for that person to reload. It's even worst if his mobile data is slow. People should always estimate their bill and reload an excess of RM 10+ before queuing.

      And some apps like Boost and TnG is very slow in reloading. Boost server is slow, TnG is the slowest of em all, still need to input TAC to reload. Can't stand TnG slow reload process, end up using their auto reload function. The minimum setting is Auto reload RM 20 whenever balance is less than RM 20.