Top E Wallet In Malaysia



I obtain a short list of e wallet services in malaysia.

Top e wallet in malaysia. At present there are 35 companies and 5 banks with e money licenses from bnm all of which are governed by the financial services act 2013 and islamic financial services act 2013. E wallets have been mushrooming in malaysia over the last few years with new platforms surfacing every now and then. Not all of these licenses are currently being used for e wallet apps but a fair number have more focused.

To date there are a total of 53 e wallets in the country with the industry occupying 19 of malaysia s fintech space according to a 2019 report by fintech malaysia fintechnews my this upward trend doesn t seem to be slowing down anytime soon especially as the. The axiata owned e wallet has certainly done many things right. The following are my selections for the best malaysian e wallets in malaysia.

This is not an exhaustive list of e wallets in malaysia.