KUALA LUMPUR: Touch ‘n Go Group (TNG) via Touch ‘n Go eWallet has been selected to participate in ePemula, an initiative by the Ministry of Finance to promote cashless spending among the youths by lightening their burden and encourages offline businesses to go cashless.
The electronic payment solutions provider said Malaysian youths aged 18 to 20 and full-time Malaysian students in Malaysia’s higher education institutes are entitled to claim the RM150 ePemula credit and Touch ‘n Go eWallet rewards them with over RM200 worth of vouchers from its merchant partners.
"The vouchers comprise more than 25 brands including online, retail, food and beverages, telco and
transportation such as Starbucks, 7-Eleven, Lazada, Tealive, MR D I Y, Uniqlo, Hotlink, Firefly and more,” it said in a statement today.
It said the eWallet has a network of over 17 million users and over 1.7 million merchant acceptance points.
‘’We have the largest network of physical retail merchants whereby the youths and students may use the claimed credit at the book stores for their study needs, nasi lemak stalls for their morning fix, pay for their teh tarik and roti canai when they meet some friends at the mamak restaurants or even if they choose to get new outfits from Uniqlo and have good meals at McDonald’s after,” TNG Digital Sdn Bhd chief executive officer Alan Ni said.
Founded by Touch ‘n Go Sdn Bhd and Ant Group, the parent company of China’s largest digital payments platform Alipay, TNG Digital is the owner and operator of Touch ‘n Go eWallet.
The ePemula, which runs from today until June 1, 2022, offers credit that can only be used for in-store retail purchases and must be utilised by June 10, 2022.
The credit is non-transferable to other eWallet accounts and cannot be used for any app integrated
transactions including e-commerce, online purchases, bill payments, mobile prepaid top-ups, games’ purchases, financial products and services, PayDirect, RFID and cash-outs. - Bernama