KUALA LUMPUR -- Malaysia's push to create a cashless society has moved a step closer, with e-wallets gaining serious traction among working adults and millennials in major cities.
Technology
Grab squanders lead in Malaysian e-money race as local rivals surge
Touch 'n Go and Boost seek other opportunities including digital banking
Grab helped pioneer Malaysia's e-payments, but cashback rewards and other incentives by rivals have eroded the company's position. (Nikkei Montage/Souce photos by Reuters and Kentaro Iwamoto)
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