VCash, is dead.
Digi decided to pull the plug on their e-wallet solution after being in the market for only two years.
They’ve notified users via SMS for their refunds and the e-wallet will stop its service by 30 Nov this year.
VCash was one of the first e-wallet services in the country where users can use the app to pay for purchases simply by scanning QR code.
Users can also transfer money to others who don’t have the app, besides using the app to buy reloads, gaming credits and pay bills.
The app also allowed users to withdraw to “withdraw†your money in cash at a Digi store with a minimum fee.
You can still download the app on your favourite app store but it doesn’t allow you to register.
It’s a peculiar decision by Digi, given that the government is pushing towards more people to adopt e-wallets with the stimulus announced during Budget 2020.
We hope that with the government trying to make more people use e-wallets, the other companies that are providing cashless services can still sustain in the long run.
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