Finance minister says e commerce companies will get tax incentives

Sell and dont look at this anymore. Its a dead counter. Those who buy will also end up dead..haha

Delisting coming... Told you guys not to buy this stupid stock..

Q4 2019?? ...kekeke. Why not launch in 2025.?

Don't worry guys.... Malaysia baru will have a super bull run coming... before GE15. Between now and 5 years.... or sooner!

Hahaha...not surprising.. QR Loss 3.4m ..switch to BOOST la...

MSC 2 will be serious project. It will drive the country's digital transformation. Not like the DFTZ project even kucu kurap companies jump in for fun.

Get ready for re launch of MultiMedia Supercorridor2!!

You see when you deal in e money business, people need to hav confidence in your company. A 2sen company and loss making tells you all. BOOST is related to AXIATA .

Beautiful write up. Tapi kapal kosong...

Hong Leong customers can link their debit cards to WeChat’s e-wallet – WeChat Pay – and use it as alternative payment option.

WeChat, a social communication platform developed by China’s Tencent Holdings Ltd, introduced WeChat Pay earlier this week and HLB claims it’s one of the first banks in Malaysia to partner with the company.

The partnership makes Malaysia the first country outside of China and Hong Kong that allows WeChat users to make payments in the local currency.

This development comes on top of HLB’s cross-border collaboration with Tencent in November last year that enables Chinese tourists to pay using their WeChat accounts when visiting Malaysia.

“When we took the step to become a merchant acquirer for WeChat Pay in Malaysia, we were not only looking to expand the payment ecosystem to enable our Malaysian merchants to cater to the Chinese tourists market,” said HLB group managing director and chief executive officer Domenic Fuda in a statement.

“We were also gearing up our merchant acquisition strategy to prepare for the day when WeChat Pay is available in the local currency, so that our customers and WeChat users in Malaysia are able to use this payment option with a large number of merchants already signed up for the WeChat Pay My facility,” he added.

HLB customers can already pay for their transactions in Ringgit at WeChat’s own shops and platforms as well as third-party services such as Garena, Joox and for local telco mobile prepaid top-ups.

Soon customers would also be able to pay for their shopping, namely Giant, Resorts World Genting, MyNews and GSC, with more to come.

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image: https://content.thestar.com.my/smg/settag/name=lotame/tags=



Read more at https://www.thestar.com.my/tech/tech-news/2018/08/23/hong-leong-bank-customers-can-now-link-their-debit-cards-to-wechat-e-wallet/#S7rmV2iFMOWCZcCH.99

Want to do, doing and getting it done are different things. Look at MPay. One of the earliest to jump into e wallet 4 years ago. Signed tons of MOU but now still zero visibility. They also had a lot of plans but all talk.

Ask pasar malam traders do they know about payallz wallet? They know BOOST! Not even in shopping malls!

Yesterday I saw BOOST having a promotion stall in Ss2 pasar malam! Some hawkers actually signed up as merchants! This is vision!!

looks like director sleeping and no vision. Maybe this budget e wallet companies will get tax incentives. Then all wake up...

Look at the style WeChat pay launch their product today..

WeChat users can now pay using their app with the roll out of its e-wallet component, WeChat Pay My.

“As Malaysia embraces the digital economy, we are excited to launch WeChat Pay My, which aims to facilitate the development of the Malaysian market by introducing local users and businesses with a simple, secure and convenient mobile payment experience,” says Tencent International Business Group vice president Poshu Yeung

To celebrate the launch, “Money Packets” will be given away to all users of WeChat Pay My who sign up between Aug 21 and 28, it claims.

The Money Packet will be filled with a random amount ranging from RM3.88 to RM88.88, and a prepaid top-up coupon of RM2 will also be given away.

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image: https://content.thestar.com.my/smg/settag/name=lotame/tags=

Money Packets is a peer-to-peer payment system that allows users to transfer money to others or a group with no service charge.

Poshu says that WeChat Pay My has received Bank Negara’s approval to act as an electronic money issuer, and has implemented security technologies that comply with international standards, including 24/7 real-time monitoring of all transactions.

Other features include Quick Pay which allows users to generate a QR code that merchants can scan to pay for a transaction and Debit Card Binding which lets users associate multiple cards to top up their e-wallet.

Users can also withdraw money from their accounts by transferring it to their local bank accounts as long as it doesn’t exceed RM10,000 a month.

WeChat is a social communication platform developed by China’s Tencent Holdings Ltd.

Read more at https://www.thestar.com.my/tech/tech-news/2018/08/20/wechat-introduces-its-ewallet-wechat-pay/#es6I3uyyM2sOIKSJ.99

So where is payallz heading??

1sen. Sure can get...

No point buying this stock la. That's why it's just 2sen. Lelong also nobody want to buy

Allz pay e wallet should be called a f wallet. Look at REVENUE. ...shooting past rm1. Other aggressive e wallets like FAVE , GRABPAY and BOOST are fast expanding their market share!!

TUn M visiting China next friday. Possible discussion on e wallet and cashless payment systems .

Yes. Think SC is monitoring company tatics like this

How many merchants hv they signed up??

Allz e wallet. Why need to register?
Wonder how many people using it. No advertisements. No roadshows. = no awareness.

Even Touch n Go new app now having roadshows in PJ.

Shiok sendiri app

Seriously NEVER seen this app before, and never seen people using this before

Selling with huge volume.... something bad coming??

Dead stock. Impotent.

Yup. Not Khazanah but Tabung Haji. IPO Was rm4.80.

PM says Khazanah has deviated from original objectives. Will Khazanah sell ICON??

Will NetX sign up with SC for P2P license??

PN17 comingggg???????

KUALA LUMPUR, June 26 — Prime Minister Tun Dr Mahathir Mohamad has said that Putrajaya may consider changing the country’s currency or going cashless in order to combat corruption.

The next phase of growth...cashless payments systems..

Some warrants play last few days. Maybe Netx we soon

Downtrend

Icon ipo is rm 4.80. Under Khazanah. Will continue to benefit from Petronas contracts.

Icon will benefit from Petronas new chief.?

Who is the 3rd buyer for this block?? Is it "M" ??

No news..

DTFZ will go on. !

GHL...riding the ASEAN E-payment systems. Looks like the 2nd craze of e payments is coming back. NetX as reported before has ASEAN presence. What happened??

New boss at Petronas. Council of Elders. Oil & gas industry will see return of good old days. Buy n keep.

Mokhzani to come in as new investor?

Wechat launching on 11June. E commerce counters nxt rally play?

Last round everyone jumps into e commence bandwagon. Now New bandwagon coming...lets see who will be the players..

Get ready for e-commerce from India. Tun already said looking to India's e payment systems...possible NEtX has something on its sleeve...New PH govt now breaking up industry monopolies.....so MyEg will see entry of other players.. NetX maybe?

Rumours Tan Say Jim is returning....they are going to take back contracts from datasonic and myeg?

Maybe 11.5 m shares was to short.

Maybe consolidation coming... Why do you thiinkprice drop like that?