The Most Popular e-Wallet in Malaysia, Ranked
Voting rules: Choose the e-Wallet you think is the most popular!
Updated on May 3, 2024 06:36
In a bustling market like Malaysia, where digital payments are swiftly becoming the norm, it's crucial for consumers to identify which e-Wallets offer the most reliability and best features. Choosing the right one can impact everything from daily coffee purchases to managing sophisticated financial transactions. This ranking helps by compiling real-user feedback, making the choice easier and better informed.
Every vote on this site shapes the ranking and reflects current user preferences and experiences. By participating, users not only contribute to a clearer market overview but also help others make smarter decisions. This dynamic crowd-sourcing ensures the ranking is always fresh and relevant.
What Is the Most Popular e-Wallet in Malaysia?
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139votesGrabPay is the most popular e-Wallet in Malaysia, with over 5 million users. It is widely used for transportation, food delivery, and even online shopping. It offers various promotions and deals to its users, making it a preferred choice.GrabPay is a popular e-Wallet service in Malaysia that allows users to make secure and convenient mobile payments. It was created by Grab, a Singapore-based technology company that provides ride-hailing, food delivery, and digital payment services across Southeast Asia.
- Accepted by Merchants: Accepted at numerous merchants across Malaysia
- Top-Up Methods: Bank transfer, credit/debit cards, GrabPay vouchers
- Promotions and Rewards: Exclusive promotions and rewards for users
- Peer-to-Peer Transfers: Allows users to transfer money to other GrabPay users
- Multiple Currencies: Supports transactions in Malaysian Ringgit (MYR) and selected foreign currencies
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254votesBoost is another popular e-Wallet in Malaysia, with over 7 million users. It offers cashback, rewards, and deals to its users, making it a popular choice for online and offline transactions.Boost is a leading e-Wallet in Malaysia, offering a wide range of digital payment solutions for consumers. It was created by Axiata Digital Services, a subsidiary of Axiata Group Berhad, one of the largest telecommunications companies in Asia. Boost provides users with convenient and secure mobile payment options, allowing them to make payments, transfer money, and earn rewards all within the app.
- Payment Options: Allows users to make payments at various merchants using QR code, mobile number, or Boost's unique Shake feature.
- Money Transfers: Enables users to transfer money to friends and family quickly and securely.
- Rewards: Offers an extensive range of rewards, cashback, and promotions to users for using the app.
- Top-Up Services: Facilitates easy mobile prepaid top-ups for major telco providers in Malaysia.
- Bill Payments: Allows users to conveniently settle bills for utilities, telco, and other services through the app.
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329votes
Touch 'n Go eWallet · Public domainTouch 'n Go eWallet
Touch 'n Go Sdn. Bhd.Touch 'n Go eWallet is a convenient e-Wallet that allows users to pay for tolls, parking, and public transportation. It also offers various promotions and deals to its users, making it a popular choice.The Touch 'n Go eWallet is a popular digital payment solution in Malaysia. It offers a convenient and secure way to make payments, whether for everyday purchases or online shopping. With millions of users, it has become one of the most widely used e-wallets in the country.- Payment Options: Link your eWallet to a bank account or top-up via physical Touch 'n Go reload points.
- Accepted Everywhere: Accepted at over 280,000 merchants nationwide, including retail stores, restaurants, and transportation services.
- Quick and Easy: Enable contactless payments with just a tap, making transactions fast and convenient.
- QR Payments: Supports QR code payments, allowing users to scan merchant QR codes for seamless transactions.
- Rewards and Cashbacks: Earn rewards and enjoy cashback promotions when using the Touch 'n Go eWallet.
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414votesShopeePay is an e-Wallet that is integrated with the Shopee app, making it convenient for users to shop and pay for their purchases. It offers cashback and discounts, making it a popular choice for online shopping.ShopeePay is a popular e-Wallet in Malaysia that allows users to make seamless digital payments for online shopping, bills, food delivery, and other transactions. It provides a convenient and secure way to pay, with various features and benefits.
- Acceptance: Accepted at numerous online and offline merchants in Malaysia.
- Top-up options: Users can top up their ShopeePay wallets through various methods, including bank transfers, debit/credit cards, and online banking services.
- Rewards: Users can earn and redeem coins, vouchers, and discounts when using ShopeePay for transactions.
- Quick and secure payments: Allows users to make fast and secure payments by using QR codes or in-app payments.
- Peer-to-peer transfers: Enables users to send and receive money from friends and family instantly.
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523votes
Lazada Wallet
Lazada GroupLazada Wallet is an e-Wallet that is integrated with the Lazada app, making it convenient for users to shop and pay for their purchases. It offers various promotions and deals to its users, making it a popular choice for online shopping.Lazada Wallet is a popular e-Wallet in Malaysia that allows users to store and manage their funds digitally. It provides a convenient and secure way for users to make online payments on the Lazada platform and other partner merchants.- Supported Platforms: Lazada Website and Mobile App
- Available Currencies: Malaysian Ringgit (MYR)
- Top-Up Methods: Bank transfer, Credit/Debit card
- Supported Languages: English, Bahasa Malaysia
- Cashback and Rewards: Users can earn cashback and rewards for eligible transactions
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616votes
Maybank QRPay
MaybankMaybank QRPay is an e-Wallet that allows users to pay for their purchases using QR codes. It is widely accepted in Malaysia, making it a popular choice for offline transactions.Maybank QRPay is a popular e-Wallet in Malaysia that allows users to make cashless payments conveniently and securely. With Maybank QRPay, users can link their Maybank account to the e-Wallet and make payments by scanning QR codes at participating merchants. The e-Wallet also offers various features such as fund transfers, bill payments, and virtual card options.- Supported Platforms: iOS, Android
- Payment Methods: Maybank account, linked cards
- Security Features: Fingerprint/face recognition, PIN authentication
- Participating Merchants: Wide network of merchants across Malaysia
- Bill Payment: Supports utility bill payments, mobile prepaid reloads
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715votes
Razer Pay
Razer Inc.Razer Pay is an e-Wallet that offers cashback, rewards, and discounts to its users. It is widely accepted in Malaysia, making it a popular choice for online and offline transactions.Razer Pay is a popular e-Wallet in Malaysia that enables users to make seamless and convenient cashless transactions. It is a mobile application that allows users to pay for various goods and services using their smartphones.- Supported Platforms: iOS, Android
- Top-up Options: Bank transfer, credit/debit card
- Transaction Security: AES-256 encryption
- Money Transfer: Peer-to-peer transfer
- Bill Payment: Utilities, telco, prepaid top-ups
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82votes
Touch 'n Go eWallet · Public domain
TNG RFID
Touch 'n Go Sdn BhdTNG RFID is an e-Wallet that allows users to pay for tolls using RFID technology. It is a convenient and fast way to pay for tolls, making it a popular choice among Malaysian drivers.TNG RFID is an electronic wallet, developed by Touch 'n Go Sdn Bhd, that allows users in Malaysia to make convenient and contactless payments for various services and products.- Payment method: RFID (Radio Frequency Identification) technology
- Touchless transactions: Enables contactless payments for tolls, parking fees, and other services
- Ease of use: Allows quick and hassle-free payments with a simple tap
- Widely accepted: Accepted at various merchants, including retail stores, food outlets, and online platforms
- Auto-reload feature: Automatically tops up the e-Wallet balance when it reaches a low threshold
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95votes
WeChat Pay
Tencent Holdings LimitedWeChat Pay is an e-Wallet that is widely used in China and is gaining popularity in Malaysia. It offers various promotions and deals to its users, making it a popular choice for online and offline transactions.WeChat Pay is a popular e-Wallet in Malaysia that allows users to make mobile payments, transfer money, and perform various financial transactions through their smartphones. It is an extension of the WeChat messaging app, which is widely used in China. WeChat Pay offers a convenient and secure way to manage digital payments and has gained popularity among locals and tourists in Malaysia.- Supported Platforms: iOS, Android
- Integration with WeChat: Seamless integration with the WeChat messaging app
- Transaction Types: Mobile payments, money transfers, bill payments, top-ups, in-store payments, and more
- QR Code Payments: Supports both static and dynamic QR code payments
- Security: Uses advanced authentication and encryption technologies to ensure secure transactions
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101votesAliPay is an e-Wallet that is widely used in China and is gaining popularity in Malaysia. It offers various promotions and deals to its users, making it a popular choice for online and offline transactions.AliPay is a widely used e-Wallet in Malaysia that allows users to make payments, transfer money, and manage their finances digitally. It is an online platform that enables individuals and businesses to conduct transactions securely through their smartphones.
- User Base: Over 1 billion registered users globally
- Accepted Currencies: Supports transactions in multiple currencies including MYR
- Payment Options: Users can link their AliPay account to various funding sources such as bank accounts and credit cards
- QR Code Payments: Enables users to make payments by scanning QR codes at participating merchants
- Transfer Function: Allows users to send money to other AliPay users instantly
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Discussion
Ranking factors for popular e-Wallet
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Number of usersThe number of registered users, active users, and the growth rate of users can be strong indicators of the wallet's popularity.
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Merchant acceptanceThe extent to which the e-Wallet is accepted by various types of merchants, businesses, and services within Malaysia.
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Ease of useThe user interface, accessibility, and ease of transactions play a significant role in attracting and retaining users.
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Security and trustworthinessUsers value e-Wallets that provide strong security features, protect their financial information, and are perceived as reliable and trusted platforms.
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Promotions, cashback, and rewardsPopular e-Wallets often offer attractive promotions, cashback, or reward systems to incentivize users to complete transactions through their platform.
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Payment featuresThe range of payment options and features available, such as transferring money between users, pay bills, or making payments for services and goods.
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Compatibility and integrationThe e-Wallet's compatibility with different operating systems, devices, and its level of integration with banks, payment gateways, or third-party services.
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Customer service and supportThe availability of customer service, support resources, and the responsiveness of the company to customer queries or concerns.
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Regulatory complianceThe e-Wallet's compliance with Malaysian regulations, licensing, and legal requirements.
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Innovations and additional servicesFeatures and services that set the e-Wallet apart from its competitors, such as QR code payments, international remittance options, or investment services.
About this ranking
This is a community-based ranking of the most popular e-Wallet in Malaysia. We do our best to provide fair voting, but it is not intended to be exhaustive. So if you notice something or e-Wallet is missing, feel free to help improve the ranking!
Statistics
- 4276 views
- 193 votes
- 10 ranked items
Voting Rules
A participant may cast an up or down vote for each e-Wallet once every 24 hours. The rank of each e-Wallet is then calculated from the weighted sum of all up and down votes.
More information on most popular e-wallet in malaysia
Malaysia is a rapidly growing economy with a tech-savvy population, and e-wallets have become an increasingly popular method of payment in recent years. E-wallets, also known as digital wallets, are virtual accounts that allow users to make payments for goods and services online or in-store, without the need for physical cash or cards. With the rise of e-commerce, mobile banking, and contactless payments, e-wallets have emerged as a convenient and secure way to manage money transactions. In Malaysia, there are several e-wallet providers catering to different consumer needs, and each has its unique features and benefits. In this article, we will explore the most popular e-wallets in Malaysia and what sets them apart from one another.
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