Touch ‘n Go eWallet introduces new premium tier

Aug 25, 2021
Touch ‘n Go eWallet introduces new premium tier
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Source : Digital News Asia

Touch ‘n Go Group has introduced a new premium tier to its Touch ‘n Go eWallet users, offering benefits such as an increased eWallet size of RM20,000 and an increased annual transaction limit of RM300,000.

With that, the Touch ‘n Go eWallet now has three tiers – Lite, Pro and Premium, the company said in a statement.

The company said the Pro tier, which is applicable for a verified Electronic Know-Your-Customer (eKYC) account, can hold a maximum balance of RM5,000 with a monthly transaction limit of RM5,000.

A Lite tier, however, is applicable for an unverified Touch ‘n Go eWallet account that can only hold a maximum of RM200.

“With the introduction of the new premium tier, Touch ‘n Go eWallet is currently one of the biggest among the popular eWallet players in Malaysia,” said Ignatius Ong, chief executive officer, TNG Digital Sdn Bhd.

“The premium tier qualifies users to reload up to RM20,000 to their verified Touch ‘n Go eWallet to pay for higher-value items or services, such as down payment for a car, house loans, and salary payment,” he added.

Users can now upgrade their eWallet tier to premium by either making an investment in GO+ or by purchasing a CarInsure product with Touch ‘n Go, the company said.

Once upgraded to the premium tier, users can enjoy an annual transaction limit of RM300,000 which translates to a monthly utilisation of RM25,000, it added.

Touch ‘n Go eWallet’s 16 million users can now leverage this upgraded eWallet size to perform various new and existing use cases via an end-to-end contactless and cashless system.

For more information and updates about Touch ‘n Go eWallet’s premium tier, click here

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