Touch n' Go eWallet has quietly revised its policy regarding credit card reloads, which will cost some users extra to transfer their balance. Specifically,
TnG will impose the 1% fee on all manual credit card reloads exceeding RM1,000, which will also make it transferable.
In case you can't recall, the eWallet started implementing a RM5,000 transferable limit on credit card reloads last year to deter credit card cash-outs. Then, it lowered the limit to just RM1,000 this year but gave users the option to make that non-transferable balance transferable if you're willing to pay a 1% fee.
It's important to note that the policy specifically states 'manual reloads', which most likely means that this policy won't be imposed on auto-reloads or quick payments using credit cards. This means that TnG eWallet still lets you reload with credit cards for free as long as it's under the quota, while competitors such as BigPay charge up to 3%. Meanwhile, ShopeePay does not charge extra for credit card top-ups but automatically deems the balance as non-transferable.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Touch 'n Go eWallet to impose extra fee for manual credit card reloads exceeding RM1,000 per monthTake note if you always reload your TNG eWallet via credit card. A 1% admin fee will be imposed on all manual credit card reloads exceeding RM1,000 per month.
Read more »
TnG eWallet to charge a 1% fee for all credit card reloads above RM1000/month starting NovemberTouch ’n Go (TnG) eWallet has revealed new changes to how it treats reloads using credit cards, whereby customers will be charged a 1% admin fee for all m
Read more »
No driving test fee a boon for the needyOn Jan 1 this year, the celebrity couple announced their engagement on social media.
Read more »
Touch N' Go Launches Penang Roadshow To Encourage Cashless PaymentsTouch n' Go has launch a three-month campaign dubbed 'Walao Eh Just In Penang' to encourage the integration of cashless payments in the state. According to
Read more »
Budget 2024: No driving test-fee initiative a boon for the disadvantagedKUALA LUMPUR: The government’s initiative to continue paying for driving test fees of class B2 motorcycle licences, e-hailing and taxis for the underp...
Read more »
Pengguna berdaftar Touch ‘n Go RFID dijangka cecah 4 juta orangPengguna berdaftar Touch 'n Go RFID dijangka cecah 4 juta orang
Read more »