SHAH ALAM: As Malaysia is heading towards becoming a cashless society, Digi Telecommunications Sdn Bhd (Digi) today introduces vcash – a e-wallet mobile application. Announcing its entry into the fintech space, Digi is offering Malaysians an easy way to pay, send, request and store money in their smartphones regardless of banks or telcos they are using. Beyond payments, vcash also enables funds transfers between vcash users and non-vcash users, facilitates cash deposits and withdrawals at any time, and purchase of items from the in-app vcash store. He also said that users have the choice to deposit money into the app at any Digi store or they can do it online via FPX or JomPAY. In addition, vcash will also be made available as a payment option for merchants under MOLPay and iPay88’s online payment gateway networks, enabling consumers to transact using vcash with thousands of online merchants nationwide.

Source: New Strait Times November 09, 2017 14:48 UTC