Touch ‘n Go eWallet introduces a new way to top up from any registered bank using DuitNow Transfer.
The adoption of DuitNow Transfer allows Touch ‘n Go eWallet to be interoperable and be a part of a larger payment ecosystem alongside banks.
Instantaneous Money Transfer
DuitNow Transfer is an instant fund transfer function that is initiated from an online banking
account as well as participating eWallets.
It is the second service from PayNet that has been accepted by Touch ‘n Go eWallet, the first being the DuitNow QR, the national QR code standard which allows for any compliant QR Code to take payments from any participating banks and eWallets.
The Future Of Touch ‘n Go
Touch ‘n Go eWallet is already accepted in over 1 million DuitNow QR merchant acceptance points, and the implementation of DuitNow Transfer is expected to fuel its usage further.
This marks our deepened penetration into the financial services ecosystem. DuitNow Transfer allows us to inter-work better with our users ‘source of funds’, as we aim to deliver superior value-added services to them across a range of use-cases.Effendy Shahul Hamid, Group CEO, Touch ‘n Go Group.
Effendy added that DuitNow Transfer can be useful for working adults who can now easily transfer money from their account to the Touch ‘n Go eWallet of their children, elderly parents, and even their domestic helpers.
Using the DuitNow Transfer feature is easy as entering the recipient’s mobile number or their Touch ‘n Go eWallet account number.
Touch ‘n Go eWallet also has a Money-back Guarantee which promises full compensation within five working days, for any unlikely event of unauthorised purchases or transfers.