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Exactly a year later, iMoney received US$500,000 in seed funding from Asia Venture Group. [5] Later, they received a US$140,000 (RM500,000) grant from Cradle Fund — an agency under the Malaysian Ministry of Finance, [6] and US$2 million from a group of venture capital funds including Jungle Ventures and 500 Startups. [7]
The auto-reload feature allows users with low credit balance to automatically have it reloaded for game credits and prepaid phone credits by using credit or debit cards saved in the eWallet. [38] In addition, Touch 'n Go eWallet allows users to view their remaining balance on their physical Touch 'n Go cards, although users will not be able to ...
The My Rapid card was initially planned to be also accepted on the 9 MRT Sungai Buloh-Kajang Line once the Semantan-Kajang stretch opens. According to an announcement by Prasarana, the My Rapid card will instead be phased out and replaced with the co-branded My Rapid Touch 'n Go cards beginning 15 June 2017. The existing My Rapid cards will no ...
Touch 'n Go lane signboard. Touch 'n Go is a contactless smart card system used for electronic payments in Malaysia.The system was introduced in 1997 and is widely used for toll payments on highways, public transportation, parking, and other services.
Cardholders of participating banks in Malaysia have access to these ATMs while cash advance facilities for MasterCard and Visa cardholders will be enabled soon; Payment Multi-Purpose Card Specification (PMPC) – A proprietary ATM and Debit chip-card standard that MEPS developed. MEPS is the central coordinating body for the national ...
The disruption affected the bank's PayLah! service as well as the 'paywave' feature on credit and debit cards. Following the incident, the MAS imposed additional capital requirements on DBS, requiring it to apply a multiplier of 1.8 times to its risk-weighted assets for operational risk, such that its total additional regulatory capital would ...
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