E-Wallets

Touch ‘n Go Launches New Upgraded Card Enabling In-App Reloads

Touch ‘n Go (TNG) Group today announced the launch of its upgraded card that allows users to reload from their app without any surcharges. The upgraded card also has a new minimalistic look that comes with higher encryption levels to

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Touch ‘n Go Offers Personal Loans up to RM10,000 Through “GOpinjam”

Touch ‘n Go (TNG) Group today announced the launch of GOpinjam, an inclusive digital personal loan that was developed in partnership with CIMB Bank. GOpinjam is available effective immediately to Touch ‘n Go eWallet users who are Malaysian citizens above

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Ignatius Ong Steps Down as TNG Digital’s CEO

Following a two year stint at TNG Digital, Ignatius Ong will be resigning from his position as the Chief Executive Officer (CEO) effective 31st March 2022 due to personal reasons, according to a report by A+M. Ignatius was previously appointed

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Boost Sets Its Sights On BNPL and Southeast Asian Expansion Plans for 2022

Axiata Digital’s fintech arm Boost has its sights expanding its suite of services and deepening its regional presence following a year of growth in revenues and product innovation. Boost reported that its user base grew to over 9.6 million and

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HSBC Rolls Out Multi-Currency Global Wallet for Malaysian SMEs

HSBC Malaysia has launched a multi-currency digital wallet that enables small-and-medium enterprises (SMEs) to make and receive international payments from one single global account. The HSBC Global Wallet is fully integrated within the bank’s existing business banking platform, HSBCnet, and

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

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

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MDEC Selects BigPay as Official E-Wallet Partner for eRezeki Programme

Digital bank aspirant BigPay announced that it is has been selected as the official e-wallet provider for the Geng #SayaDigital-eRezeki programme by Malaysia Digital Economy Corporation (MDEC). BigPay will provide full access to its suite of fintech solutions like e-money

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Boost Enters Crowded Food Delivery Space with “Boost Makan”

Axiata Digital’s e-wallet Boost recently added a new food ordering platform called Boost Makan to help its food and beverage (F&B) merchants bring their businesses online. This includes cafes, restaurants, home businesses, hawkers, food court stalls and even food trucks. Existing

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MCIS Life Acquires 4.99% Stake in Merchantrade

MCIS Insurance (MCIS Life) has taken up a 4.99% stake in Merchantrade Asia, a Malaysian money services business provider, for an undisclosed sum. The acquisition is set to accelerate MCIS Life’s digital transformation journey and leverage on Merchantrade’s digital capabilities,

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Touch ‘N Go eWallet to Roll Out Prepaid Card With Visa by 2022

Touch ‘n Go has partnered with Visa to develop a prepaid card solution tied to its e-wallet which is expected to be available to users in 2022. The Touch ‘n Go-Visa Prepaid Card will enable the e-wallet to offer additional

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