Market coverage 1
- Malaysia Ringgit
Touch ‘n Go is a popular electronic payment method in Malaysia. It is operated by Touch ‘n Go Sdn Bhd, a subsidiary of CIMB Group Holdings Berhad, a major Malaysian financial institution.
The Touch ‘n Go payment method is based on a prepaid contactless card. Users can load money onto their Touch ‘n Go card and use it to make payments in a wide range of situations, including public transportation, parking, highway tolls, in-store purchases, and many more.
The Touch ‘n Go card utilizes Radio Frequency Identification (RFID) technology to enable contactless transactions. Users simply need to tap their card on a compatible reader, and the transaction is automatically processed.
In addition to the physical card, Touch ‘n Go also offers a mobile application called “Touch ‘n Go eWallet”. Users can download the app on their smartphones and link their Touch ‘n Go card to the app for making payments without using the physical card. The app also provides additional features such as card reloading, transaction management, and access to special offers.
Touch ‘n Go is widely accepted in Malaysia and is used by millions of people on a daily basis. It offers the convenience of quick and cashless payment at numerous locations. It is also integrated with various public transportation systems, making it easier for users to commute.