Tag: ewallet

Coffe at Quartet KL

Ewallet Evolution

Technology

Usage Cashless payments (ewallets) seem to have gone off the boil a bit. The forums are filled with support questions as compared to feature discussions and product suggestions earlier. Common gripes: Multi-step UX compared to cash or cards Reluctant cashiers, no internet connection Server downtime, top-up issues Add to these is usage which has been driven by discounts (cashbacks), gaming (shaking the phone etc) and elite incentives (optimal FX rates). Abandonment At this rate, ewallets risk going the way of ebikes (mobike, ofobike) in the sense the solution is ahead of its time. One way forward is to get...

Continue reading

Apple Meituan

Technology

Subsequent to our previous post on ewallets, there have been a number of developments at the ewallet front. These will be covered in a two parter; part one follows, part two in the next post. Apple Card App-based credit card with option for a physical card Sign-up in minutes via app and use immediately 1 Big tech's first foray into neo banking, on Apple's upmarket chops Users may develop into an upper class, spending bloc Thus enticing merchants and others to sign-up Meituan mei=beautiful | tuan=mission Vending machines, mamak & petrol stations not compelling use cases 2 But food could be (with some marketing incentives) In China, Meituan (food delivery)...

Continue reading
Scroll to top