As more digital wallets are being introduced, AirAsia has just introduced BigPay as a way to go truly cashless. According to its group CEO, Tan Sri Tony Fernandes, BigPay is part of their digital strategy and it has the potential to be worth more than AirAsia itself, considering AirAsia has a huge database of over 63 million customers.
A few weeks ago, Tencent had announced plans to introduce WeChat Pay in Malaysia. Now we are a step closer as Hong Leong Bank has received approval from Bank Negara Malaysia to offer WeChat Pay payment solutions together with Tencent’s payment arm.
Looks like we’ll be getting WeChat‘s e-wallet sooner than we think, with Tencent’s ecosystem set to roll out sometime next year.