New Taxi QR code payments service in Malaysia benefits drivers and their customers

Taxi QR Code Payments - Taxis

Touch ‘n Go announces new partnerships with EzCab and Public Cab involving QR code payments. Touch ‘n Go (TNG), the Malaysian-based contactless smart card and electronic payments system company, is helping to bring Taxi QR code payments services to both Taxi drivers and customers in Malaysia. Touch ‘n Go has partnered with two taxi services, EzCab and Public Cab, enabling customers of these companies to pay for their rides via QR codes through the Touch n’ Go eWallet app. The cashless payment method means taxi drivers will no longer have…

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BNM dives into QR code payment services, calls itself a disruptor

QR code payment services - Bank Negara Malaysia

Bank Negara is taking on the many challenges associated with quick response codes in Malaysia. Bank Negara Malaysia (BNM) is placing a focus on rolling out QR code payment services. This is a part of a broader strategy to disrupt the traditional banking industry. At the Malaysia Fintech Expo, BNM specifically referred to itself as “the biggest disruptor in the room.” The bank referred to itself in that way as a part of a question its director of its payment systems policy department, Tan Nyat Chuan, asked in his keynote…

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