The conditional approval by the Securities Commission will enable the company to directly distribute capital market products including money market unit trust funds through the Touch ‘n Go e-wallet platform, without having to direct users to third-party applications.
Among the functions available through the Touch ‘n Go e-wallet is PayDirect, which allows users to link up to three Touch ‘n Go cards to their e-wallet app for use on toll highways, in addition to the e-wallet’s other functions for retail purchases, bill payment, and online shopping.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.