News & Reviews:   TnG eWallet

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?

Touch ’n Go (TnG) eWallet has revealed new changes to how it treats reloads using credit cards, whereby customers will be charged a 1% admin fee for all manual reloads above RM1000 starting this November. Furthermore, it will also remove the current option to either make a credit card reload transferable or non-transferable.

If you frequently use the TnG eWallet app, this news might catch your interest. Today, Touch n Go announced they have signed a memorandum of collaboration with Bursa Malaysia and Affin Hwang Investment Bank. That said, what should you know about this collaboration?

Today, Touch 'n Go Digital announced a new partnership with Amanah Saham Nasional Berhad (ASNB). This marks the first and only eWallet agent to offer investments in ASNB unit trusts for Malaysians, which enables them to subscribe to all 17 ASNB unit trusts through the GOinvest feature through the TNG eWallet. These also complement the 9 unit trusts that are currently available on GOinvest. 

Last year, TNG Digital Sdn Bhd in collaboration with CIMB Bank Sdn Bhd introduced GOpinjam, a short-term personal loan through the former’s TNG eWallet app. Well, despite initial controversy regarding its high-interest rate, the service has been really popular among Malaysians who need fast cash.

Touch ’n Go eWallet has reminded users to link their eWallet account to their device by 3 April 2023. This is because the fintech platform will be implementing TapSecure, a new one-tap transaction approval function on that date.

Touch ’n Go eWallet and foodpanda Malaysia today announced that they have entered into a new partnership that would create a synergistic payment ecosystem. In other words, Touch ’n Go eWallet users can now enjoy the convenience of foodpanda’s delivery services nationwide starting today.

Previously, we reported that the Domestic Trade and Cost of Living Ministry (KPDN) had recommended Touch ’n Go (TnG) implement several immediate actions to resolve issues arising from its services. TnG subsequently implemented a few initiatives following an engagement session with the KPDN special task force but now, the ministry has announced that they are still insufficient.

The Domestic Trade and Cost of Living Ministry (KPDN) has recommended Touch ’n Go (TnG) change the name of its visa card. This is because the word “Touch ’n Go” is synonymous with the toll payment system, hence it would confuse the public who may get the visa card for the purposes of paying for tolls when the card is unable to do so.

Before Christmas, we reported that the Touch 'n Go (TNG) Visa Card is releasing soon and it looks like the company has started to roll out the application. It was first discovered in a Lowyat forum whereby a member could see the Visa Card logo on the TNG eWallet app.