E-Wallets

Touch ‘n Go Sets up Insurance Hub GOprotect Comprising 6 Products

Touch ‘n Go Group via TNG Digital has set up the GOprotect platform where its users can purchase various types of insurance offerings through the eWallet app. GOprotect currently features the 6 insurance products; WalletSafe, SafeTrip, SafeHome, CarInsure, CI Insure,

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Touch ‘n Go Promotes Praba Sangarajoo as New CEO

Touch ‘n Go had announced the appointment of Praba Sangarajoo as Chief Executive Officer (CEO), effective 1 April 2023. He is currently Deputy CEO, Business and Growth at Touch ‘n Go. Praba joined Touch ‘n Go in June 2021 and

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Touch ‘n Go Rolls Out Two More Insurance Products

Touch ‘n Go Group announced that it has launched 2 new insurance products, CI Insure and MotoInsure on its e-wallet in a bid to become a one-stop insurance hub. The CI Insure offering is a health insurance provided by AIA,

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Touch ‘n Go Implements Security Features Laid Out by BNM Ahead of Deadline

Touch ‘n Go eWallet has successfully implemented all five mandatory safety and security measures imposed by the Bank Negara Malaysia to combat scams, four months before the June 2023 deadline. The first of the five key measures are the migration

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Shopee Launches SLoan, A Personal Loan Service for Select Users

Shopee has broadened its range of digital financial services to incorporate a personal loan product named SLoan. While currently only accessible to a limited group of users, the service is expected to become available to more users. Users’ credit limit

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Touch ‘n Go Launches CSR-linked Numberless Visa Prepaid Card

Touch ‘n Go Group has partnered with Visa to launch a corporate social responsibility (CSR)-linked numberless prepaid card with a maximum transaction limit of RM5000 per day. With this card acting as a complementary payment channel to the Touch ‘n

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Thai Unicorn Launches its TrueMoney E-Wallet in Malaysia’s Crowded Market

TrueMoney, a payments player and a subsidiary of Ascend Money announced today their launch in Malaysia. During their press event, they also announced that they are now the “official payment” provider for all of Lotus’s hypermarket locations across the country.

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Fave Offers Cashback Loyalty Programme for 18 Million Touch ‘n Go eWallet Users

Southeast Asian payments platform Fave has partnered with Touch ‘n Go Group’s TNG Digital to launch a loyalty programme and earn up to 15 percent cashback across 17,000 F&B outlets and retailers. More than 18 million Touch ‘n Go eWallet

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Boost Rolls Out Merchant B2B Wallet With Limit of up to Half a Million

Axiata Group’s fintech arm Boost announced that it has launched its Merchant B2B Wallet with a limit of up to RM500,000. The Merchant B2B Wallet is integrated into the existing Boost Biz app with a QR code payment functionality. The

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Grab’s PayLater Extended to Non-Active Users, Can Now Be Used in Physical Stores

Superapp Grab has added updates to its “buy now, pay later” (BNPL) feature PayLater by extending the payment option to in-store purchases. With this extension, shoppers now have more flexibility to pay for their purchases over time. Additionally, Grab will

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