The increase will be driven by the new Maybank2u app as well as the growth momentum achieved last year.
Payment service can be used in various outlets ranging from high-end department stores, duty free outlets to hotels popular with Chinese visitors.
Samsung Malaysia hosts the Samsung Pay roadshow to officially launch Samsung Pay
Fifteen fintech and tech startups will exhibit their solutions throughout the four days of the competition.
Maybank is expecting an increase of at least 25% in the number of e-Ang Pow transactions this Chinese New Year compared to 15,000 transactions valued at over RM1.6 million in 2016.
Samsung Malaysia Electronics on Jan 17 announced a partnership with Maybank, to introduce Maybank customers to its first mobile payment service – Samsung Pay.
Maybank and Western Union, a leader in global payment services, today announced the launch of the first digital remittance service in Malaysia via its Maybank2u (M2u) mobile banking app.
Samsung Malaysia Electronics and Maybank announce the introduction of Samsung Pay in Malaysia beginning with an open beta service exclusively for Maybank cardholders.
The financial world continues to be excited by blockchain technology, but this excitement should be tempered by an actual understanding of its potential, says a Software AG exec.
Maybank has announced the second edition of its annual fintech programme, and is inviting companies from around the world to partner with it.