#Compare ewallet ewallet go code
It utilized QR code technology to make payments instead of relying on the NFC technology widely used by other significant e-wallet brands, such as Samsung Pay. Touch 'n Go relies on QR codes to make a payment.īefore the partnership with Ant Financial, Touch 'n Go had originally released its e-wallet application in February 2017, which was called Touch 'n Go Wallet. In July 2012, Touch 'n Go announced a collaboration with CIMB and Maxis to create an NFC-based online transaction service, which can be used on NFC-enabled smartphones and allow users to make payments via NFC. According to SoyaCincau, the service was not widely adopted by customers, and the poor reception meant that the service was generally regarded as unsuccessful. Only one feature phone device was supported: the Nokia 6212 Classic. The payment system utilized near-field communication (NFC), which allowed users to make payments by tapping the mobile phone to card readers, which also support physical credit, debit, and Touch 'n Go cards. It allowed Maxis customers to make payments with their Touch 'n Go technology integrated into their feature phones. Touch 'n Go has previously ventured into mobile payment through a partnership with Maxis via FastTap in 2009. Background īefore their e-wallet service was established, Touch 'n Go provided contactless card payments that allowed users in Malaysia to pay for toll roads, public transportation, and parking lots, and also allowed them to make purchases in retail stores. It allows users to make payments at over 280,000 merchant touch points via QR code pay for tolls, street parking, payment on e-hailing, car-sharing apps or taxis via RFID or PayDirect pay bills top-up mobile prepaid pay for purchases on e-commerce websites or apps order food delivery perform peer-to-peer money transfers renew car insurance and purchase unique insurance plans and purchase movie, bus, trains, and airline tickets. Touch 'n Go eWallet is a Malaysian digital wallet and online payment platform, established in Kuala Lumpur, Malaysia, in July 2017 as a joint venture between Touch 'n Go and Ant Financial.
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