Think the will be good q results or good news

Make EDUSPEC GREAT AGAIN!!

Refer yesterday announcement. After clean up, it shows they are serious to make company great again.

Casino coming to sabah?

Buy Eduspec better la... Super ang pow$$$!!!

Sc watching

SC monitoring

Buy now! NetX is going to be the next Amazon or Facebook...wakakakka

Kun1971kun. Did u buy at 0.26 10 years ago?

Got 300 merchants meh? Sure or simply say

MUI also going into lifestyle business,.. Maybe they will take up,..

Will Payallz be eaten by bigger and stronger players ?

By Farah Adilla - January 13, 2019 @ 3:44pm
KUALA LUMPUR: Axiata Digital Services, the owner of homegrown e-wallet Boost, expects the e-wallet market to consolidate to between three and five main players in the next two to three years.

Axiata Digital chief executive officer Mohd Khairil Abdullah said there would possibly be other niche e-wallets that focus on specific segments.

“Many e-wallet players may not have the capacity to sustain the business either financially or in terms of gaining user acceptance fast enough to remain relevant.

“Interoperability will also be key and Boost is supportive of it through our partnerships with an ever growing list of local and international brands,” he told NST Business recently.

This year, Khairil said there will likely be more providers launching this year.

“We think this is good for the cashless ecosystem as they will also help drive usage and educate users on the convenience, security and benefits of using an e-wallet,” he said.

To date, there are over 40 e-money licenses issued by Bank Negara Malaysia.

Earlier, iPay88 Holdings Sdn Bhd executive director Chan Kok Long said he also expects the same trend to take place in the near future.

Meanwhile, Khairil said in 2018, Boost grew its user-base by nearly six times and today, it is the leading e-wallet in Malaysia with over 3.5 million registered users.

“Our users can use their e-wallets at over 60,000 merchant touchpoint, online and offline, throughout Malaysia covering a wide range of partner brands.

“This is indicative that Malaysians are ready to go cashless and it could be down to several reasons.

“For consumers, it may be cashback rewards, the convenience or the security of using an e-wallet.

“For merchants, e-wallets can be an effective marketing asset, it builds customer loyalty and is a powerful tool for fraud management,” he said.

Khairil said what is clear to see is that customers are looking for more lifestyle features from their e-wallet and this is not limited to the younger digital natives.

“Apart from QR-based payment which any e-wallet can do, we see a growing number of customers wanting to use their Boost e-wallets for a number of other day-to-day transactions like shopping at e-commerce sites, bill payment, taking public transport and paying for public on-street parking.

“E-wallets are fast becoming an essential part of the digital lifestyle many Malaysians have adopted and Boost is well positioned to bring these features that customers find very useful,” he said.

Khairil said another encouraging trend that the company sees is the huge growth in usage.

“From January to December 2018, the average monthly amount transacted per Boost user has grown by 14 times indicating increased trust in our e-wallet.

“The average total number of transactions per user each month also doubled during the course of the year which can indicate that users have become more comfortable using Boost and it coincided with our strong growth in merchant touchpoints,” he said.

Patience. Normally after expiry of warrants mother will shoot up. Pending projects coming. Kidzania 2nd oultlet opening this q.

If so much cash give free warrants la.....

IRIS is the original maker and supplier for mykad and passport chips. They shd get back the contract.

Mykad and passport project in danger of review? Same like Prestariang?

2019 is year of cashless payment systems! Remember 2015 year of GST? The. Hero was IFCA & IFCA-w, rising from 4s to rm 1.70!

Leran from the Master!!

BY WONG EE LIN
KUALA LUMPUR: ACE Market-list- ed Revenue Group Bhd, which has launched Malaysia’s rst all-in-one digital payment terminal — also known as smart EDC (electronic data capture) or android terminal — with Public Bank Bhd in November, ex- pects the new terminals to ood the local market in the next three to four years, as the payment market here transitions to the new innovation.
e cashless payment solution provider’s managing director/chief executive o cer Eddie Ng Chee Siong said card schemes, like Visa and Mas- tercard, have both said that no more traditional EDC terminals, which are based on the Payment Card Industry or PCI 3.0 security standard, will be manufactured by 2020. In contrast, the android terminals are based on the PCI 5.0 security standard.
Hence, Revenue sees this as a con rmation that the company is riding ahead of the digital payment wave.
With the switch to android termi- nals, Revenue anticipates the trans- actions that the company handles to grow by double digits in its full nancial year ending June 30, 2019 (FY19) — which will in turn drive a
double-digit growth in bottom line —asitteamsupwithmorebanksto roll out more of the new machines, Ng told e Edge Financial Daily in an interview.
Revenue gets a gross margin of about 3% on the value of each trans- action. e group expects another two banks to sign up with the com- pany by year end.
Meanwhile, it has already “got the green light” to shift to deploy- ing android terminals from all its nine existing clients, whom it has been deploying the traditional EDC terminals to, namely Public Bank, which it has already started doing so, Hong Leong Bank, AmBank, A n Bank, United Overseas Bank, OCBC Bank, First Data, Global Payment and AEON Credit.
Prior to its initial public o ering (IPO) in July this year, Revenue only had 20,000 terminals deployed on a rental basis. To date, the number of terminals it deploys has doubled to about 40,000, which gives it a 10% of the digital payment terminal market share. Of the total terminals it has de- ployed, 2,000 are android terminals.
“Our key focus now is to deploy more terminals to make sure that the transaction volume grows,” said Ng. e android terminals can handle
Ng: Our key focus now is to deploy more terminals to make sure that the transaction volume grows. Photo by Patrick Goh
try, we are competing for di erent chunksofthepie,”saidNg.
Cash, he said, is Revenue’s biggest competitor. So, Ng said Revenue will focus on getting more banks to mi- grate to the new android terminals to grow its market share in Malaysia.
e company is also looking to acquire more solutions companies to bring more value-added servic- es under its android terminals and boost transaction volume. It has been looking at a potential targets.
He, however, declined to elabo- rate, saying talks are still in prelim- inary stages.
Moving forward, Ng said, Rev- enue wants to be just a payment solutions provider.
On that note, it is seeking to do more with its terminals, like adding menu to the machines, for clients in the food and beverage segment. It is also looking to enable “top-up” solution for convenience stores. ese plans are expected to help drive Revenue’s bottom line growth.
Revenue is one of the best per- forming IPOs on Bursa Malaysia this year. Its share price soared four-fold to a high of RM1.55 on Nov 21, from its IPO price of 37 sen. It closed at RM1.38 last Friday, giving it a market capitalisation of RM307.53 million.
mobile quick response (QR) code payment services that include Ali- Pay, Boost, Touch ’n Go, UnionPay QR, and WeChat Pay — on top of card payments like Visa, Master- Card, MyDebit, JCB and UnionPay.
Presently, Revenue processes over RM1 billion worth of transac- tions annually, excluding the Visa and Mastercard transactions which it does not charge processing fees. is is because Revenue wants to work with banks in a complimentary way by processing card schemes that the
partner banks do not have, said Ng. He said the gross margin for Visa and Mastercard transaction fees is about 1.3%, based on current mar- ket rate. “We don’t want to compete to get this small margin ... We don’t want to touch this part of the pie as we want to work with the bank in a
complimentary way,” said Ng. is is, by and large, why it views GHL Systems Bhd, which focuses more on Visa and Mastercard trans- actions, as a “friendly competitor”. “Although we are in the same indus-

Armada will become another Barakah

Armanda still overvalued at this price... 12s coming...

Jaks overvalued la...KYY now in panic state! Cakap banyak dia..

Non event la...

Apa sudah jadi agm?.

Last chance to buyyyy!!!

Fantastic results! Going to come out of pn17 soon! For sure, govt will not let tabung haji suffer any longer.

Runnnn...!! Look what happened when Sapnrg announced rights issue?

Polycarp talks rubbish! Investgaogao is-so correct!!

Tikus tipu tikus hehehe

NetX partner with 3rd world cambodia bank? Hahaha

KUALA LUMPUR (Nov 8): Public Bank Bhd has teamed up with Revenue Group Bhd to launch an all-in-one digital payment terminal, which will be made available from tomorrow (Nov 9).

The first all-in-one digital payment terminal in Malaysia, developed by Revenue, will simplify the payment acceptance process as it will enable the physical retail merchants to accept both card payments and mobile wallet payments in a single digital payment terminal. thus providing convenience to them, said Public Bank managing director (MD) and chief executive officer (CEO) Tan Sri Tay Ah Lek in his opening speech.

Noting that the all-in-one digital payment terminal is powered by the Android operating platform, Tay said this digital payment terminal has a wide range of connectivity, including 3G, 4G, WiFi and Bluetooth networks, enabling physical retail merchants to process electronic transactions wirelessly and offer their customers a fast and convenient service experience.

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It also generates electronic transaction reports every business day to enhance operational efficiency.

"The bank will continue with its strategy of increasing its merchant base and adding on more new acceptance services. This is also in-line with Bank Negara Malaysia’s vision to promote cashless society among consumers. The new all-in-one digital payment terminal will enable the bank to provide added benefits to new and existing merchants,” Tay said.

Revenue’s all-in-one digital payment terminals can handle mobile quick response (QR) code payment services, including Alipay, Boost, Touch ‘n Go, UnionPay QR and WeChat Pay, as well as card payments such as Visa, MasterCard, MyDebit, JCB and UnionPay, making payment management simpler and more efficient for physical retail merchants, he added.

“With the rapid development of payment technologies in Malaysia, the all-in-one digital payment terminal will enable its customers to manage a diverse range of payments more efficiently," said Revenue MD and group CEO, Eddie Ng Chee Siong.

"As Malaysia is moving towards a cashless society, we are committed to developing innovative products and solutions that will help our customers grow their businesses in a fast and evolving operating condition," Ng said.

"The all-in-one digital payment terminal will help our customers to strengthen their payment and cash management capabilities,” he added.

Ng also noted Revenue's partnership with Public Bank, being one of the top three merchant acquirers in Malaysia, is anticipated to be one of the main contributors to the group's double-digit revenue growth target for the financial year ending June 30, 2019 (FY19).

As at end-September 2018, Public Bank has more than 60,000 electronic data capture (EDC) terminals nationwide, Ng said. Hence, this will present opportunity for Revenue to replace these conventional terminals gradually, over the next two years.

At 11.45am, shares of Public Bank were up eight sen or 0.33% to RM24.68, giving it a market capitalisation of RM95.89 billion, while Revenue's shares were four sen or 3.7% higher at RM1.12, valuing it at RM251.82 million.

Ini kali la!!

Ubah!!

AEON Group which is mainly known for its retail chain and financial services apparently will be rolling its cashless payment service called E-Wallet to consumers very soon. This doesn’t come as a surprise since the company’s name has been listed as one of the authorized e-money providers by Bank Negara Malaysia for quite some time.

Botak to build university also?

Japan to send rail experts to do study. Real chance of bandar malaysia revival and HSR.!

Tomorrow holiday la. Tun M in Japan. Possible Discuss HSR with Japanese high speed rail co ?

Will Bandar Malaysia be re tendered soon?? Japanese investors instead?

Japanese interest to build Bandar Malaysia? Japanese contractors much better than Chinese contractors.

Like all others, PH ministers half past six. Ms Yeo says good news today but no news. So they only talk like pasar malam.

PUC has 2 of the above

12th Malaysia Plan will focus on Green Technology, Renewable Energy and E commerce

-A+A
KUALA LUMPUR (Oct 17): The Malaysian government will announce policies to fast-track its plan to increase the portion of renewable energy (RE) in the country's total energy generation mix to grow the RE sector, said Energy, Technology, Science, Climate Change and Environment Minister, Yeo Bee Yin.

Yeo said today that she will announce the policies tomorrow. She said RE constitutes 2% of the country's total energy generation mix as at 2016.

Today, Yeo said: "I will announce some good news for RE players tomorrow (Oct 18). I'm looking forward to the activities to grow the sector; that will come after this announcement.

In-page MRec
"These policies would be the result of a lot of engagement with stakeholders and industry players," she said without elaborating.

Yeo was speaking at the launch of the 9th International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2018) here today.

She said Malaysia plans to increase its RE portion of total energy generation mix to 20% by 2030. She said the achievement will be the first milestone in the country's RE transition roadmap, deliberated by the Energy, Technology, Science, Climate Change and Environment Ministry.

Dont forget...THIS is a RENEWAL ENERGY co. Solar Energy .

Coming be like Perisai, Daya or Sumatec

Fund raising. Rights issue like SapEnergy?

Tax incentives for digital economy? E wallets could be beneficiary...

SIngapore is the worlds first country to launch a single QR code for ALL e wallets. Malaysia should follow the same.

China may want to buy up all chip co in Malaysia. Like Unisem