eWallet has its limitation for those who have been accustomed to using credit cards, the mobile payment system can only accept payment up to RM1500 max. This prevented users from the convenience it provided when purchasing big ticket items, but this is about to change.Starting 18 May, big spenders can look forward to the change with Boost announcing its wallet size threefold, offering premium users RM4999 and basic users RM2000. With the increase users have RM60,000 and RM24000 annual spending they can do over their ewallets, a much welcomed move by the providers. This will also open up more places they can be used, merchants who carried big priced items can adopt mobile payment and tap into the growing segment of society who getting comfortable with digital payments.
In his remarks, Mohd Khairil Abdullah, CEO of Boost shared “ E-wallets have increasingly become a necessity during this outbreak as it is considered a cleaner and safer payment method. The timely introduction of Boost’s larger wallet sizes allows Malaysians to confidently transact, enjoy rewards, cashback and savings while we continue to shop for Raya essentials.
Boost has added new partners including Giant, Tesco, The Store, Caring, HelloGold, Watsons, PrestoMall, ZALORA, FAVE, JobbieNut, Potboy, HappyFresh, Alpro Pharmacy and MYDIN.