#EWALLET GO SOFTWARE#

Encryption and PIN activation are some of the steps to protect e-wallet users. When it comes to breach of data, 39% of Malaysians are worried that their banking details might be leaked to a third-party.Д«ut when it comes to the question of security, all e-wallets approach it proactively. Meanwhile, 30% of Malaysians are mindful when using e-wallets because they are afraid that their mobile phones may be stolen to make purchases.

#EWALLET GO SOFTWARE#

And one of the biggest factors is the general mistrust of the technology.ДЄccording to a Nielson study, Malaysians are fearful about using e-wallets due to security concerns involving payment and banking details, data breach, as well as malware or software issues.ДЄmong those surveyed, 38% of Malaysians fear that there might be missing transactions from making digital payments. Indeed, the penetration rate of e-wallets in Malaysia is still low relative to the number of mobile users. I am also concerned about security because I am skeptical to share my personal information with a third party.ItвЂ™s far more convenient to use the eWallet for tolls rather than waiting in line at the top-up booth or at the petrol station. For example, I use Touch вЂn GoвЂ™s eWallet every time I make a trip back to KL. Over time, I approach my e-wallet usage another way: I use e-wallets that ease my everyday necessary expenses like traveling. It took me a long time to adopt for this reason. I have a hard time keeping track of the rewards system in each e-wallet.

There are a couple of reasons why I took so long to jump onto the e-wallet bandwagon: So late in fact that even savvy aunties and uncles have switched to e-wallets before I did. I am a late-late-late adopter of the e-wallet trend.