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Do you wish that this covid would end soon… you no longer need to change money before traveling abroad? You must want it right? The reason is simple.. Imagine we go abroad, just bring the phone to pay for all kinds of things. Fuhhh how easy it is to live.. there is no problem with money before you exchange it..
Bank Negara has recently announced to give 5 digital banking licenses to successful bidders. If we look at the companies that want to apply for this license, they are not all scams.
One of them is the combination of SEA Ltd and Petronas. The SEA company under him has Shopee, and Garena (the company that makes the Call of Duty game). You can see the potential of a big company like this when people start entering the digital banking business to compete with existing banks…
In addition, the combination of RHB and Axiata is equally interested in applying for this license. More interested companies such as YTL Group, Genting Berhad, Sarawak government, Grab and Sunway Berhad. All the big companies we know have their potential in the digital world.
Only at the end of 2022 will we know who will get this license. Hope whoever gets it will make our banking affairs easier no matter where we are, whether in the country or abroad.
It’s been a long time since I wrote.
Hope this little sharing is useful to all of you. God willing..