Touch 'n Go eWallet, the largest digital wallet trading platform in Malaysia has officially launched an investment project called Electronic Gold (e-MAS). Starting from a minimum of RM10, this investment has attracted over 40,000 users to actively participate. So, what should you know about it?
For your information, this project was launched as a result of the collaboration between Touch 'n Go eWallet and the CIMB Group which aims to launch the first phase of the plan through digital wallet storage. This allows Malaysian citizens aged 18 and above who have completed eKYC (electronic Know-Your-Customer) verification to start investing in gold easily.
In addition, the maximum amount per transaction will be based on the eWallet size of RM20,000, but there is no cap on investments into e-Mas. Unlike the traditional purchase of physical gold or jewellery, this e-MAS investment plan does not charge any handling fees or additional fees.
Moreover, this project is one of the new initiatives by Touch 'n Go eWallet which aims to provide a platform to its users with a monthly transaction volume of RM7 billion that comes with more functions and a more preferred digital service experience.
Besides that Touch 'n Go eWallet's goal is to reach a total of 500,000 investors within one year. We have yet to confirm other details on the subject. Hopefully, everything will go smoothly.
What are your thoughts about this news? Stay tuned for more news and updates like this at TechNave!
COMMENTS