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In 2014, RinggitPlus.com merged with SaveMoney.my, an online portal that provides information on different credit cards, car loans, phone, travel and shopping in Malaysia. [10] SaveMoney.my was founded by Liew Ooi Hann and Lucas Ooi in 2012. [9]
To differentiate between the three currencies, the Malaysian currency is referred to as Ringgit Malaysia, hence the official abbreviation and currency symbol RM. Internationally, the ISO 4217 currency code for Malaysian ringgit is MYR. The Malay names ringgit and sen were officially adopted as the sole official names on 28 August 1975. [13]
As of 1 May 2020, Touch 'n Go eWallet has facilitated donations to 22 non-governmental organizations in Malaysia with amounts worth more than RM280,000 (~US$69,000). [54] Latest donation transactions facilitated to date on 31 Dec 2020 amounts to RM5,432,319 donations received with a total of 215,314 transactions.
Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform.
When contacted by RinggitPlus regarding the closure, Digi stated closing down vcash was simply the result of a change in business strategy. [9] Two days after the closure of vcash, Praveen Rajan, CDO of Digi, said the e-wallet market in Malaysia was too competitive because each competing service provided rewards or a cashback program or other ...
In August 2017, MEPS merged with Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) to form Payments Network Malaysia Sdn Bhd (PayNet). With the result of the merger, PayNet is now the holding company for the PayNet Group which comprises two main subsidiaries, namely Malaysian Electronic Payment System Sdn Bhd (MEPS) and MEPS Currency ...
Location of Malaysia. Malaysia is a federal constitutional monarchy located in Southeast Asia. It is a relatively state-oriented and newly industrialised market economy. [1] [2] The state plays a significant but declining role in guiding economic activity through macroeconomic plans.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.