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Touch ‘n Go Group reinforced its commitment to the Lembah Pantai community this Ramadan by providing support for those in need for their Hari Raya preparations. The Group contributed RM30,000 in the form of shopping vouchers to 80 needy individuals comprising B40 families within Lembah Pantai, some of them being single mothers. Each beneficiary received RM300 to spend on shopping in preparation for the Hari Raya celebration. Lembah Pantai Member of Parliament and Minister of Communications, YB Fahmi Fadzil presenting the shopping vouchers to one of the beneficiaries, accompanied by Touch ‘n Go Sdn Bhd Chief Executive Officer, Praba Sangarajoo, Touch ‘n Go Sdn Bhd Chief Corporate Development Officer, Lum Joy Deng, and Touch ‘n Go Sdn Bhd Chief Information Officer, Mohd Sharizan Harun. Together with the Lembah Pantai Member of Parliament’s Office, the Group hosted a shopping trip at a major shopping mall for 30 of the beneficiaries to shop for their Hari Raya outfits. Gracing the o...

One of the strategic focus areas in the Group’s sustainability efforts is to ensure the inclusion of Malaysians from all walks of life  [L-R] Lum Joy Deng, Chief Corporate Development Officer of Touch ‘n Go Group, Effendy Shahul Hamid, Group Chief Executive Officer of Touch ‘n Go Group,  Johari Jamali, Treasurer of United Voice, and Nora Tan Siew May, mother of United Voice artists, Ashley and Damian Wong at the launch of the Touch ‘n Go Collaboration with United Voice. Driven by its sustainability principles to empower the inclusion of those with learning disabilities, Touch ‘n Go Group today announced its long-term collaboration with United Voice, starting with the purchase of paintings from United Voice artists and incorporating the artwork on limited edition specially designed Touch ‘n Go cards with the aim of profiling the talents of these artists while raising funds for United Voice. Touch ‘n Go has purchased 10 paintings – 1 painting from each of 10 talented artis...

A recognition of its commitment in cultivating sustainable efforts with non-governmental organisations Chief Corporate Development Officer of Touch ‘n Go Group, Lum Joy Deng (second from right) receives the Company of The Year Award, Fintech and Digital Payment Services for community well-being initiatives from Chief Secretary of the Ministry of Rural Development, Dato’ Ramlan Bin Harun (second from left). Looking on are (from left) CSR Malaysia Co Chairman and Managing Editor, Lee Seng Chee and CSR Malaysia Chairman, Dato’ R. Rajendran. Touch ‘n Go Group was awarded ‘Company of the Year’ under the fintech and digital payment services category for community well-being initiatives at the recent Sustainability & CSR Malaysia Awards 2022. The award serves as a recognition of the Group’s commitment in reaching out to the communities in need and cultivating sustainable efforts with non-governmental organisations. While 2021 was a challenging year for most Malaysians with ongoing ...

Touch ‘n Go Group announced that TNG Digital Sdn Bhd (“TNG Digital”), the owner and operator of Touch ‘n Go eWallet, Malaysia’s largest eWallet company, has raised RM 750mil from its latest round of equity funding. This funding round was led by a new investment in TNG Digital by Lazada Group and a follow-on investment by TNG Digital’s current shareholder and parent company Touch ‘n Go Sdn. Bhd. This new investment solidifies the collaboration between key segment leaders, one in e-commerce and one in digital financial services and payments. Effendy Shahul Hamid “I’m extremely pleased to welcome Lazada to the Touch ‘n Go eWallet family. We feel this collaboration will bring next-level value propositions to users and merchant bases across the Lazada and Touch ‘n Go ecosystem. I look forward to seeing the teams roll out these exciting collaboration opportunities to our users,” said Effendy Shahul Hamid, Group Chief Executive Officer, Touch ‘n Go Group. “The funding round also sets us up ni...

The wait is over. Touch ‘n Go (“TNG”) Group today announced the launch of the upgraded Touch ‘n Go Card that provides users the ability to perform card reloads anytime, anywhere from their Touch ‘n Go eWallet app on their mobile devices. Users of this card and service will also experience no surcharge when reloads are performed. Reload anytime, anywhere with the upgraded Touch ‘n Go card. Zero-Surcharge reloads on the Touch ‘n Go eWallet app. Effendy Shahul Hamid, Group CEO of Touch ‘n Go Group (left) and Alan Ni, CEO of TNG Digital showcasing the new cards. In terms of design, the upgraded card is minimalistic and comes in a fresh look of pastel pink to pastel blue gradient. This upgraded Touch ‘n Go card also comes with higher encryption levels to promote better security. In addition to this, each card is also fully registered by virtue of it being tagged to a Touch ‘n Go eWallet account when mobile reloads are performed. “We’re so pleased to be able to bring this to market, add...

Continues to increase its digital financial services offerings by launching Malaysia’s most inclusive personal loan proposition Touch ‘n Go (“TNG”) Group recently announced the launch of GOpinjam, an inclusive digital personal loan proposition available through Touch ‘n Go eWallet. This marks Touch ‘n Go eWallet’s first digital lending solutions offering, having previously already launched financial services propositions in investments and insurance. Accessed through the Touch ‘n Go eWallet and delivered fully electronically, GOpinjam offers personal loans from as low as RM100 to a maximum of RM10,000. The repayment period for these loans can range from one week to one year, with no hidden fees of early settlement charges. To further promote inclusion and accessibility to as many people as possible, potential borrowers will require a minimum monthly income of only RM800 to gain access to GOpinjam. GOpinjam is developed in partnership with CIMB Bank Berhad (“CIMB Bank”) and employs diff...

Joins forces with MOF and MDEC to accelerate e-commerce and online shopping Touch ‘n Go Group is proud to announce its partnership with the Ministry of Finance of Malaysia (MOF) and the Malaysia Digital Economy Corporation (MDEC) to drive the Belanjawan 2021 (National Budget) initiatives, aimed to support local businesses and encourage online purchases. The Go-eCommerce Onboarding and Shop Malaysia Online (SMO) campaigns, as announced by MDEC, runs from 1 July to 31 December 2021. “As the pandemic continues to fuel eWallet adoption and digital payments, getting more SME and Micro merchants to adopt e-commerce and e-payment platforms via Touch ‘n Go eWallet is something that we strongly encourage as these merchants will have access to more than 16 million users across Malaysia. With the country moving towards digitalisation and ePayments, Touch ‘n Go eWallet is the obvious choice for both merchants and shoppers,” said Ignatius Ong, Chief Executive Officer, TNG Digital Sdn Bhd. Through ...

Company’s first initiative in the financial services sector well received. Touch ‘n Go Group recently announced that it has achieved a very important milestone where its financially inclusive investment product GO+ is concerned. The Group announced that GO+ users have surpassed the 1 million mark. All this was achieved in just over two months. GO+ was launched on 29 March 2021. Effendy Shahul Hamid “We are pleased that we’ve been able to get to this milestone in just over two months, and well ahead of our internal estimates. We will now build on this success and add more varied products in this category. We will also be making improvements to GO+ on the back of some very encouraging customer driven feedback and data on user experience,” said Effendy Shahul Hamid, Group Chief Executive Officer, Touch ‘n Go Group. “Many of our users found the fungibility function between the GO+ balance and Touch ‘n Go eWallet use cases very attractive, and that drove sign-up’s. Another data point we wer...