Which e-wallet is most popular in Malaysia?

Short answer

Touch 'n Go eWallet, with 26 million verified users and 13.5 million monthly active users in 2026. Maybank's MAE ranks second in the Ipsos 2025 e-payment study, followed by GrabPay, Boost and ShopeePay.

In detail

Touch 'n Go eWallet is the clear leader, with 26 million verified users and 13.5 million monthly active users in 2026. Its operator, TNG Digital, owned by CIMB and Ant International, reported revenue of RM707.28 million in 2025 and its first profit.

The rest of the field

  • Maybank's MAE, part bank app and part wallet, with 10.7 million users in October 2025. An Ipsos study found it appeals to close to half of e-wallet users, behind Touch 'n Go.
  • GrabPay, Boost and ShopeePay, each tied to a wider ecosystem.
  • Apple Pay, which has worked with Malaysian Visa cards since 2022 and now with the domestic MyDebit scheme.

Interoperability

Most Malaysian e-wallets now work on the shared DuitNow QR network, so any participating wallet can pay a merchant's DuitNow code. The average e-money transaction rose to RM43 in 2025, a sign that wallets now pay for more than small purchases.

What it means for payment operators

For operators serving Malaysian merchants, Touch 'n Go eWallet is the first wallet to add online, with DuitNow QR covering the others in stores. Connecting wallets through local providers and enabling them per merchant keeps the checkout aligned with what Malaysians actually use.

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