Review a local e-commerce site

E-commerce had been practicing in Malaysia for years. During the mind nineties, many industries in Malaysia had been trying to apply E-commerce however the limited broadband and outdated technology calls the trial off. Try Imagine how long it will take to load a picture of your products on internet browser with a 55K dial up at that time.

Many fields are practicing E-commerce and improvement on the operating system had shown great changes especially in the banking business. Maybank as well as Public Bank, which is two of the largest bank operating in Malaysia had computerized their operating system and enable their customers to access to their account through internet for fund transfer, paying bills and many other services. These E-commerce form of business not only time saving, but also reduce the traffic inside the banks.

Peoples nowadays enjoy shopping online and participating in auction had become very common. Some companies set up forums and websites to help peoples that want to sell off their goods and belongings. “www.lelong.com.my” and “forum.lowyat.net” are two popular forums for auction while a lot of people enjoy shopping at eBay. MOL Access Portal said on Nov 11 the MOL Safe Pay enabled consumers in Malaysia to securely transmit funds to one another using MOL Access’s payment infrastructure that includes MOL e Points and MOL MasterCard prepaid. MOL e Points are avai lable at most 7-11 outlets.

Reference:

http://www.pbebank.com/

http://www.maybank2u.com/

http://www.lelong.com.my/

http://www.lowyat.net/

The application of pre-paid cash card for consumers.

Mobile payments are becoming more popular, especially in the advanced countries. Mobile payment is the core of Obopay and it offers the first comprehensive mobile payment service in the United States. Obopay was found in 2005 by successful serial entrepreneurs, funded by top venture capitalists, and is based in Silicon Valley, CA. Obopay is an exciting startup with
a great company culture and aims for serving the country better
and bring more comforts to citizens.

With Obopay’s consumer service allow mobile phone subscribers to send money, instantly pay back to friends, split a dinner bill, get money from your parents, get quick cash, give gift, pay up or collect on a friendly wager, track purchases, check your balance, and a lot more benefits and ease through the mobile phone. And, you can do it all from your phone; anywhere, anytime with anyone. Paying car parking fees can now be completed using Obopay. Paying through mobile phone has minimized the headache of bringing not enough coins to feed the meter. Paying car parking fees at Bay Area is being so common nowadays and one Obopay’s customer even curious that one day, users will just need to wipe their mobile phones over the sensors when they passing through a subway.

The service, targeted at mobile subscribers ages 18-25, is fast, convenient, and fun. Obopay also enables point of sale purchases through a companion debit card.

Reference:

https://www.obopay.com/