Sign of the times: The total value of e-money transactions surged to RM11bil in 2018 compared with only RM1bil in 2005.
As the race heats up within Malaysia’s crowded e-wallet environment, some technology firms are taking a different approach to remain relevant - by white labelling their e-wallet solutions.
For companies wanting to have their own e-wallet systems, white labelling eliminates the high cost to develop an e-wallet application (app) and the complicated process of developing and maintaining a secure payment system.
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