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TNG Digital has reached an important milestone in its journey from a payment-focused e-wallet into a broader digital financial services platform. The company, best known as the operator of TNG eWallet, recorded its first full-year profit since the e-wallet was launched in March 2018. For a platform that started mainly around payments, toll convenience, and cashless transactions, this marks a significant shift in how the business is now generating value.
Touch 'n Go eWallet users are raising concerns online after several individuals claimed their accounts were abruptly suspended without any warning. Some alleged victims say they have thousands of ringgit locked inside their accounts, with one reporting as much as RM20,000 frozen and inaccessible.
The government's highly anticipated BUDI95 subsidy scheme is beginning to reveal its digital backbone — and at the heart of it sits TNG Digital. While the scheme itself has been making headlines for its RM1.99 per litre subsidised RON95 petrol, less has been said about who is actually running the system behind the scenes. Now, thanks to a recent confirmation, we know that responsibility lies with TNG Digital.
TNG Digital is stepping up its support for Malaysia's micro, small, and medium enterprises (MSMEs) — and the gig economy — with the official launch of its TNG Digital Business Account.
In just five years, Malaysia's payment landscape has transformed drastically. What used to be a cash-first society has shifted rapidly toward digital wallets—and now, that shift is beginning to go global.
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