WARC (December 4)
2019/ 12/ 05 by jd in Global News
Fully 45% of Malaysia’s population is made up of Millennials, “many of whom are digital natives.” As a result, “businesses looking to expand in Malaysia need to offer digital wallet payment options, as these cover a much greater proportion of the population than credit cards.” The diverse e-money options are dominated by outsiders, only 5 of the 46 e-money licenses “have gone to players in the traditional banking space.”
Tags: Banking, Credit cards, Digital natives, Digital wallet, E-money, Malaysia, Millennials, Population
