TNG eWallet imposes new restrictions to curb credit card cash-outs and transfers - SoyaCincau

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Touch 'n Go eWallet now has a non-transferable eWallet balance for credit card reloads and funds received from the govt. If you use a credit card to reload, take note of the new transferable 'FUP'.

. If you reload via credit card or received funds from the government, it will be considered non-transferable.

The limitation of non-transferable balance is that you can’t use it to transfer it to other eWallets, cash out to bank accounts or used it for Go+ or other investment products. You are still able to use it for other normal merchant transactions or toll payments for RFID and PayDirect. It is worth highlighting that TNG isn’t fully restricting the usage of balance reloaded by credit cards just yet as they have their own “FUP” of sorts.

Despite the split, the total eWallet balance will still be shown on the home screen regardless if it is transferable or non-transferable. We tried reloading a combination of RM100 by credit card, RM50 by debit card, and RM100 via online banking, and we are able to get a RM250 balance under the transferable bucket. This is because we have not hit our RM5,000 quota as a Premium account user. You can learn more about TNG eWallet’s new Transferable and Non-Transferable feature

 

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TNG eWallet imposes new restrictions to curb credit card cash-outs and transfers | Malay MailMARCH 27 — If you’re a Touch ‘n Go (TNG) eWallet user, you probably received constant reminders and notifications to update the app to the latest version. Turns out TNG has introduced a couple of new features which would restrict the way you can cash out your eWallet balance. They have...
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