Touch ‘n Go eWallet may feature personal loans and buy nowpay later options.
Personal loans and buy now pay later options will be available through the Touch ‘n Go eWallet.
A new function will be available on April 1, 2022, according to a statement from the Touch ‘n Go eWallet. Although Touch ‘n Go eWallet did not clarify the nature of the new capabilities, it is expected to be a personal loan or a buy-now-pay-later feature.
The Touch ‘n Go eWallet has quickly become one of the most popular. The Touch ‘n Go eWallet will now offer a personal loan or buy now pay later feature to allow customers to tap into their future money, after the launch of the GO+ feature last year.
The e-wallet platform’s personal loan and buy-now-pay-later functions are quite prevalent, and BigPay has announced that it will officially debut the personal loan function soon. It’s been a while since ShopeePay and GrabPay introduced the buy now, pay later functionality, and now it’s time for the Touch ‘n Go eWallet.
According to reports, Touch ‘n Go eWallet’s new feature will be dubbed GO Pinjam, and it will be identical to China’s Alipay’s Jiebei and Huabei.
Furthermore, the Touch ‘n Go eWallet has begun to limit user withdrawals and transfers. Transferable and Non-Transferable funds will be separated in the Touch ‘n Go eWallet.
The funds from the credit card will be regarded non-transferable, meaning they cannot be transferred to other users, transferred to GO+, or withdrawn to a bank account.
