BFM 89.9
The Business Station
Ipsos: 50% of Malaysian Use Only Cash, TnG and Mae Lead E-Wallets Usage
27 mins
·
12:00, 16 Feb 2024
·
Recommended
Guest: Arun Menon, Managing Director, Ipsos Malaysia
Today Enterprise Explores the on-going shift towards a non-cash economy and how payment systems have evolved over the last few years with Arun Menon, Managing Director at Ipsos Malaysia, a market research firm.
Back in January, Ipsos released their latest case study on Non-Cash Economy & Payment Evolutions which found that there has been a slight decrease in the usage of non-cash payment methods in 2023. However, a key point to take note of is that half of Malaysians still use non-cash payments, with e-wallets being used by a quarter of the population.
Besides that, some other notable findings from the “Non-Cash Economy & Payment Evolution” study shows:
A higher frequency of people who are using e-wallets
More youths are using online transfer
The usage of e-wallet for food purchases have increased but experienced a drop for retail and online purchases
TnG Wallet retains the top spot as the most used e-wallet brand, with MAE as strong number 2
There is a lot more to break down and digest from this study, which Arun help us explore and digest.
Presenter: Roshan Kanesan
Producer: Kishan Sivaswamy
Share:
Recent episodes
0
Latest stories
Podcasts · Jan 17 · 12:00PM
Clean Slate - Yay or Nay?
42 mins
Podcasts · Jan 17 · 11:00AM
A Tricky Away Tie At The Gtech for Liverpool?
47 mins
Podcasts · Jan 17 · 10:00AM
Wolf Man + Scariest On Screen Creatures
44 mins
Ipsos: 50% of Malaysian Use Only Cash, TnG and Mae Lead E-Wallets Usage
27 mins
·
12:00, 16 Feb 2024
Guest: Arun Menon, Managing Director, Ipsos Malaysia
Today Enterprise Explores the on-going shift towards a non-cash economy and how payment systems have evolved over the last few years with Arun Menon, Managing Director at Ipsos Malaysia, a market research firm.
Back in January, Ipsos released their latest case study on Non-Cash Economy & Payment Evolutions which found that there has been a slight decrease in the usage of non-cash payment methods in 2023. However, a key point to take note of is that half of Malaysians still use non-cash payments, with e-wallets being used by a quarter of the population.
Besides that, some other notable findings from the “Non-Cash Economy & Payment Evolution” study shows:
A higher frequency of people who are using e-wallets
More youths are using online transfer
The usage of e-wallet for food purchases have increased but experienced a drop for retail and online purchases
TnG Wallet retains the top spot as the most used e-wallet brand, with MAE as strong number 2
There is a lot more to break down and digest from this study, which Arun help us explore and digest.
Presenter: Roshan Kanesan
Producer: Kishan Sivaswamy
Share:
Recommended
Jan 17
·
42 minsClean Slate - Yay or Nay?
Jan 17
·
47 minsA Tricky Away Tie At The Gtech for Liverpool?
Jan 17
·
44 minsWolf Man + Scariest On Screen Creatures
Download app
60,000 other podcasts in your hand
Recent episodes
0
Latest Stories
Podcasts · Jan 17 · 42 mins
Clean Slate - Yay or Nay?
Podcasts · Jan 17 · 47 mins
A Tricky Away Tie At The Gtech for Liverpool?
Podcasts · Jan 17 · 44 mins
Wolf Man + Scariest On Screen Creatures