Netizen 24 MYS: Malaysia's first collective-driven e-wallet to be launched soon

By On December 07, 2017

Malaysia's first collective-driven e-wallet to be launched soon

Thu, Dec 7, 2017

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Malaysia’s first collective-driven e-wallet to be launched soon

CYBERJAYA: Local fintech solutions provider Fullrich Malaysia Sdn Bhd, in partnership with Cyberview Sdn Bhd and Affin Bank Bhd, is planning to launch Malaysia's first collective-driven e-wallet called "TaPay".

TaPay is a mobile application that allows users to store loyalty cards within it, thereby reducing the need of having to carry cash, credit cards, membership/rewards program cards and receipts.

Fullrich CEO Hudhaifa Ahmad said the service is currently at the pilot testing stage and will be launched to the public after getting Bank Negara Malaysia's approval.

Hudhaifa said during the initial stage, the beta version of TaPay will only be made available to selected merchants and users within Cyberjaya.

"We are currently working very closely with Bank Negara Malaysia to ensure our e-wallet app is robust and in compliance to rules and regulation of the industry," he added.

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