TrueMoney, a payments firm and subsidiary of Thailand’s Ascend Money, has expanded its services to include DuitNow QR code payments, allowing users to make seamless transactions at a wide range of merchants across Malaysia.

This new feature is accessible via the TrueMoney app, where users can scan DuitNow QR codes to pay at over 22,000 merchants and 35,000 payment points nationwide.

As of 2024, TrueMoney is planning to introduce online payment and international remittance services, aiming to enhance financial flexibility both locally and internationally.

In conjunction with the Chinese New Year, TrueMoney has launched the “Huat’s Up” campaign from 15 January to 29 February. During this period, users spending a minimum of RM28 through DuitNow QR and TrueMoney merchants, as well as on bill payments and mobile top-ups, can receive TrueAngpao, a special reward in line with the festive season.

Jessie Chong, Ascend Group’s Country Managing Director shared,

“DuitNow acceptance marks a pivotal moment for TrueMoney. Nearly 1.9 million people use the DuitNow QR platform, highlighting the growing preference for contactless payments.

 

By strategically embracing one of Malaysia’s most popular QR payment networks, we empower millions of users with unmatched convenience and choice. In a crowded fintech landscape, supporting DuitNow QR positions TrueMoney as a comprehensive all-in-one payment solution.”