Boost
Boost was founded in 2017 by Axiata, which is a well-known telecom operator in Malaysia. It is one of the fastest-growing wallets for local users and also the most popular e-wallet in the local area.
It provides payment services for shopping, catering, traveling, movie-watching, and more, with merchants spanning from online stores to offline stores. These include e-commerce platforms such as Shopee and Lazada, entertainment merchants such as PlayStation, Steam, and Spotify, catering merchants such as Burger King, KFC, and Nando's, and transportation merchants such as Klia and RedBus.
Properties
The following table lists the product properties supported by Boost:
Payment type | Alipay+ payment method | ||
Payment flow | Redirect | Auto Debit | ✔️ |
Buyer country/region | Malaysia | Refund | ✔️ |
Funds deduction | Real-time | Partial refund | ✔️ |
Processing currency | MYR | Chargeback | ❌ |
Minimum payment amount | 0.05 MYR | Maximum payment amount | 50,000 MYR/month |
User experience
The following graphic shows the Boost app authorization process:
Figure 1. Authorization process