Google Wallet now available to selected cardholders in Malaysia

Google Wallet now available to selected cardholders in Malaysia

Cardholders of four major Malaysian banks now have access to Google Wallet.

Millions of Malaysians are using their phones every day to make payment. (AFP pic)
KUALA LUMPUR:
With digital payments increasingly becoming the go-to choice for Malaysians, Google announced today that its Google Wallet is now available in Malaysia.

Cardholders of CIMB Bank (Mastercard credit cards), Hong Leong Bank (Visa credit and Mastercard debit card), Hong Leong Islamic Bank (Mastercard debit card) and Public Bank (Visa credit and debit cards) will be able to add their payment cards to Google Wallet and pay with their Android phones or Wear OS devices where contactless payments are accepted.

Credit cardholders of HSBC and HSBC Amanah will also be able to add their cards to Google Wallet in the coming months. Payment cards from Google Wallet can be used to pay online or in-app at brands such as Airbnb, Al-Ikhsan Sports, Applecrumby, Shopee, or wherever you see the Google Pay button.

“According to the e-Conomy SEA 2022 report, digital payments are gaining popularity and expected to hit almost US$200 billion (RM916.3 billion) in gross transaction value in Malaysia by 2025. With millions of Malaysians now using their phones everyday to make payment, Google is excited to bring Google Wallet to Malaysia,” said Google Malaysia MD Marc Woo.

With Google Wallet, Malaysians can tap to pay in stores or checkout seamlessly online. They can also easily access their boarding passes.

“Google Wallet helps keep everything protected in one place, no matter where you go,” he added.

“For those heading off to their year-end holidays, besides tapping to pay for their train ride to the airport, they can also add boarding passes from AirAsia and in the coming months, Malaysia Airlines.

“With boarding passes in Google Wallet, they will be notified of changes to departure time and gate changes to ensure they can breeze through the boarding gates at the airport.

“Furthermore, they will be able to tap and pay in a safe and secure manner using Google Wallet during their overseas travel, without the need for their physical card,” Woo explained.

To get started, simply download Google Wallet from the Google Play Store. If you already have an eligible credit or debit card saved to your Google account, it will automatically appear in Google Wallet.

If you don’t have a card saved and would like to add a new card to Wallet, tap “Add a card” in the carousel at the top of the page, and you’ll be prompted to review and accept the terms and conditions before use.

According to the Visa 2021 Consumer Payment Attitudes report, usage of mobile contactless payment solutions has increased for more than half (60%) of Malaysian consumers, citing safety (58%) and convenience (53%) as the top drivers for usage in comparison to carrying cash, because of the pandemic.

In 2021, Visa found that 70% of all transactions were contactless, highlighting the rising interest and awareness among Malaysians. Visa Malaysia country manager Ng Kong Boon said mobile devices are a key part of consumers’ day-to-day lives.

“The launch of Google Wallet in Malaysia will enable more Visa cardholders to make mobile payments in a country where contactless payments are extremely well-received.”

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