[UPDATE: 11:24 AM, 8 Apr 2024] TnG has clarified that the upcoming conversion fee will only apply to QR code payments overseas. This means that the fee will not be applied to overseas transactions using the company’s Visa debit card.
[Original story: 9:56 AM, 8 Apr 2024]
Touch ‘n Go has updated its FAQ page recently for TnG eWallet, with a notable addition that announces an additional fee for overseas transactions. Starting from 25 April 2024, the e-wallet platform will be charging a 1% conversion fee for overseas transactions.
This means that all your payments using TnG eWallet will be more expensive after that date, as the sum you pay will already include the new conversion fee. This is just the latest of the platform’s new fees that have been added in recent times, with the previous one being a reload fee for those using credit cards.
TnG eWallet allows Malaysian users to make QR code payments in several countries using China’s AliPay+ platform. This allows seamless cashless payments for travellers, lessening the friction for transactions.
For tourists coming to Malaysia, the AliPay+ network also supports QR code payments for several partner e-wallets. The supported e-wallets include China’s Alipay, Philippines’ HelloMoney, Mongolia’s Hipay, Macau’s MPay, Japan’s Naver Pay, South Korea’s Toss Pay, Thailand’s TrueMoney, and Hong Kong’s AlipayHK.
(Source: Touch ‘n Go)
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