What's New in Payments

CIMB deploys multi-QR POS terminals that support six different mobile payment services

CIMB is first in Malaysia to bring QR acceptance from six mobile wallets on one payment terminal — CIMB Bank — “The six mobile wallet partners to be accepted on CIMB terminal are Alipay, Touch & Go Digital, Boost, KiplePay, Mcash, and Vcash. These six mobile wallets have a combined estimated customer base of about 4.5 million in Malaysia and 520 million registered mainland Chinese users.”




NFC World

Malaysian transit card to go NFC

Malaysian transit card issuer Touch ‘n Go will begin pilot testing an NFC payments service in collaboration with mobile network operator Maxis and CIMB Bank in the next two months, news agency Bernama reports... More