01 March 2021

What should you know before performing BigPay cash top up at 7-Eleven?

In case you haven’t heard, you can now top up your BigPay account with cash at all 2,400 7-Eleven outlets nationwide! Yes. It's cash top up! And, it was like suddenly we have 2,400 places in the country to top up our BigPay now. How?
 


Topping up your account with cash is super simple. Just go to a 7-Eleven, open your BigPay app and follow these steps:

19 February 2021

MyDIGITAL ~ What does this mean to Malaysia?

The global economy, Malaysia included, continues to endure the severe challenges of the COVID-19 pandemic. This black swan event has affected Malaysians of every ethnicity and social strata as well as workers in both the public and private sectors. Whole industries faced upheavals, and many of our day-to-day interactions are now conducted virtually.



To ensure that no Malaysian is left behind to catch the wave of digitalisation, the time has come for the Government to lay the foundations for the country’s transformation towards an advanced digital economy. This foundation means building the infrastructure, facilitating innovation and creating an ecosystem for all of us to contribute to bring forth higher standards of living, the fruits of which will be enjoyed by all Malaysians.

What is MyDIGITAL?

16 January 2021

E-Wallet DuitNow QR is coming in a BIG way... What is that?

Too many e-wallets?
Too many bank accounts?
Why this merchant only accept Boost and not other? 
Aiyo... Too many apps inside my smartphone lah...
Got any way to consolidate all these e-wallets or banks when I want to transact?



This topic has been lingering around for more than 1 year since the emergence of DuitNow. To recap, 8 December 2018 marks another milestone in the financial industry in Malaysia with the launching of DuitNow money transfer service. (Read blogpost: A New Way of Transferring Money via DuitNow !!!)

Since then, the ideas of consolidating all the e-wallets + bank accounts has been mooted, so to eliminate the hassle of too many e-wallets & bank QR accounts just for the sake of paying/transacting.

Good news is here...

07 January 2021

COVID-19 Special Tax Relief for Individuals

Due to the pandemic crisis, the government has announced several measures to lessen the burden of people and this include some new personal tax reliefs, as well as increases in some existing ones.



Work from home (WFH) folks you've been spot on, and you must know this new tax relief category. Keep reading!!!

  1. Special Tax Relief (for YA2020 only)

06 January 2021

SC: Malaysia only has 3 Digital Asset Exchanges (DAX) currently

Following the coming into force of the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019 on 15 January 2019, and the subsequent issuance of the revised Guidelines on Recognized Markets on 31 January 2019 to introduce new requirements for DAX operators, the SC has now registered three Recognized Market Operators (RMOs) to establish and operate digital asset exchanges in Malaysia.



Entities which have not been approved by the SC, including those which have previously been operating under the transitional period, are required to cease all activities immediately and return all monies and assets collected from investors.

These lists will regularly be updated and members of the public are encouraged to refer to these lists when dealing with digital asset exchanges.

(Updated list as of 1 June 2019)

Registered Recognized Market Operators - Digital Asset Exchanges