Type of site | e-wallet |
---|---|
Available in | English |
Founded | 10 November 2017[1] |
Dissolved | 30 November 2019[2] |
Headquarters | Shah Alam, Selangor, Malaysia |
Owner | Digi Telecommunications Sdn. Bhd. (Telenor Group) |
Key people | Praveen Rajan (Digi CDO) Kathryn Lee (Product lead)[1] |
URL | https://vcash.my at the Wayback Machine (archived May 16, 2019) |
Commercial | Yes |
Registration | Required |
Current status | Inactive |
vcash was a Malaysian digital wallet and online payment platform established in Shah Alam in November 2017, by Digi Telecommunications, a subsidiary of Telenor Group. vcash allowed users to make payments in local stores via a QR code, pay bills, top-up prepaid mobile phones, and do P2P transfers. Despite being a Digi product, user registration and usage of this service was opened to both Digi and non-Digi customers. Its competitors were GrabPay,[2] Touch 'n Go eWallet, and Axiata's Boost.[3] On 1 November 2019, Digi announced they were discontinuing vcash on 30 November 2019, two years after its launch, which were attributed to stiff competition from competitors that provide rewards to their users to retain customers in their services.
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