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But while workers may retain their jobs, more might be forced to find ways to supplement their income by joining the gig sector to meet the rising cost of living.

MakeTimePay is a web and mobile app-based ‘on-demand work’ ecosystem that is designed to help job seekers and posters find on-demand tasks and opportunities that are matched to their skills, interests and free time.

The launch of the new payment methods enables convenience in conducting payment transactions.

Malaysian recruitment start-up MakeTimePay has secured an undisclosed amount of investment funding from entrepreneur Simon Landsheer, who is the managing partner at Singapore-based venture capital firm Impiro.

Malaysian start-up, MakeTimePay, has secured significant investment from Dutch serial-entrepreneur and early stage start-up investor, Simon Landsheer.  The new funding will be used to grow the company's team, expand its platform capabilities and make investments in customer acquisition.  "There is a huge shift underway in how businesses are using talent," says Landsheer, "and MakeTimePay is leading this change by providing flexible work arrangements for both companies and individuals."