Touch ‘n Go’s radio-frequency identification (RFID) system has received a lot of mixed reactions so far. It’s never easy to completely revamp a system that a lot of people have been using, especially if it meant throwing out everything they already invested in to make a fresh switch.
But while it’s easy to be blinded by this, and internet rage, the thing I was more curious about was the technology. Does it work? Is it better than SmartTAG? Is this really our future? After testing it out, here’s what I think.
|Mobile Payments, Opinion, Video|
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There are many Malaysians that still believe that contactless payments are not safe. Recently, there was a video being circulated which supposedly demonstrates how easy it is for criminals to steal money from your paywave or paypass card. We have debunked such claims yesterday and the Association of Banks in Malaysia has also issued a press statement on the viral story.
|Mobile Payments, News|
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Just recently a video has been circulating online that showed how easy it is to steal money from a paywave or paypass card. The man held a card terminal towards a person’s butt and it manages to get a card approval for a $0.05 transaction. But is this really true? Before you hit that share button for the video, here are the facts that you need to know.
Just recently Touch ‘n Go had introduced QR Transit. It’s a new feature which allows you to pay for your LRT rides with just your smartphone. If you’ve been following our site, you would probably know that we’re not impressed with the Touch ‘n Go mobile app. Can QR Transit turn things around? Read on to find out.
Finding an empty parking lot is stressful enough and paying for parking is another headache altogether. For those who park at roadside parking lots, there’s the problem of not having enough coins and it gets worse if you couldn’t find a working ticketing machine. Boost, an eWallet provider, is offering a solution to this and it’s rolling out in two weeks.
With more cashless players appearing in Malaysia, Maybank has recently introduced its own mobile payment solution that’s called QRPay. Instead of having a separate e-Wallet, QRPay works with your existing Maybank savings and current account.
In the initial phase, QRPay was primarily used to pay merchants via QR Code. With the latest version, you can use it to make direct peer to peer transfers.
The physical Touch ‘n Go card has been the defacto choice for commuters. You don’t have to queue up to buy tokens and you get to enjoy the lower cashless fare.
Soon, you’ll be able to pay for your train rides with your smartphone as Touch ‘n Go is rolling out a new feature starting this week.
In a bid to encourage usage of its mobile wallet, Touch ‘n Go is now offering 10% cashback when you pay for utility bills on your smartphone. The Touch ‘n Go app is a QR-code based mobile wallet and it’s a separate system from their physical cards.
When it comes to making contactless payments, Visa payWave is the most convenient option for consumers today. Despite some misconceptions about contactless payments, Visa payWave is actually a lot safer than you think and here are three things that you need to know.
Whether it is dining or shopping, paying by cash can be inconvenient. If you don’t have enough cash, you’ll need to find an ATM and it gets worse if there’s a long queue. If the cash is too large, some cashiers might be reluctant to accept your money.
Why fumble with cash and coins when you can go cashless with Visa payWave? It’s easy and secure, saving you time to focus on things that matter the most.