Touch ‘n Go eWallet Offers Free CTOS Credit Report to Users

Touch ‘n Go eWallet Offers Free CTOS Credit Report to Users

by December 14, 2021

Touch ‘n Go Group announced that it will be providing its e-wallet users with a free MyCTOS credit report with CCRIS until 31 January 2022.

This was made possible through a strategic collaboration between Touch ‘n Go eWallet and CTOS Data Systems (CTOS), Malaysia’s credit reporting agency.

The collaboration will also see CTOS joining Touch ‘n Go eWallet’s ecosystem through the latter’s mini programme initiative, where users will now have access to tools to facilitate credit health self-checks, obtain educational articles about credit and credit reporting.

A CTOS personal credit report contains detailed information about a person’s debt, account histories for credit cards and loans such as payment history, including any late payments, credit limits or loan amounts, account balances and credit inquiries.

Legal cases and bankruptcies are also listed in a separate section of the credit report as well as directorships and business interests.

Checking a credit report helps consumers understand what banks see and how evaluations are made to either approve or reject credit extensions.

Consumers can also check for any signs of identity theft and fraud; any litigation or bankruptcy cases registered under their names and also fix any inaccuracies that may show up.

Effendy Shahul Hamid, Group Chief Executive Officer, TNG Group

Effendy Shahul Hamid

“This really is a market-first, an initiative about empowering all Malaysians, and we’re hoping to educate everyone that understanding, and having access to one’s own credit health is necessary, especially in developing countries and growing economies.


We also hope that through this initiative, people will find the topic of credit reports and credit health ratings less scary, and in turn use this as a platform to understand the space and enhance their individual credit profile,”

said Effendy Shahul Hamid, Group Chief Executive Officer, Touch ‘n Go Group.

Eric Chin, CEO of CTOS Data Systems

Eric Chin

“At CTOS, we aim to empower as many people as possible with the right tools and knowledge to make good financial decisions and checking your MyCTOS credit report is the first step of that journey.


Our partnership with Touch ‘n Go, Malaysia’s eWallet market leader, will enable their 16 million eWallet users to access and understand their credit health conveniently and seamlessly,”

said Eric Chin, CEO of CTOS Data Systems.