20th November 2023 - 3 min read
Touch ‘n Go (TNG) eWallet users will be able to enjoy a variety of curated deals when they travel to Singapore, as TNG Digital has signed a memorandum of understanding (MOU) with the Singapore Tourism Board (STB) and digital payment solution provider Alipay+ to offer such promotions within its app.
In a statement, TNG Digital said that there are currently about 10 in-destination promotions that users can tap into when they visit and make cross-border payments in Singapore, with more to be added in the coming months. These include deals by lifestyle merchants in Singapore, such as retail stores, attractions, and restaurants. Additionally, there will be discounts of up to 80% for transport and daily items too – especially as more Singapore-based merchants are expected to eventually come onboard this initiative.
TNG Digital also noted that these promotions are in addition to existing benefits that are provided by Alipay+, a subsidiary of Ant Group, when TNG eWallet users use their app to transact in Singapore.
Chief commercial officer of TNG Digital, Danny Chua said that it has always been the company’s key objectives to expand payment and financial convenience to its users beyond Malaysia. “Currently serving over 21 million users, we have already connected them to more than two million merchant touchpoints in Malaysia. Our users now have additional incentives to spend, receive perks, and earn GOrewards Points with TNG eWallet when they travel to Singapore,” he said.
For context, TNG eWallet recently revamped its GOrewards loyalty programme so that users can collect points when they make payments via the app and the TNG Visa prepaid card. The standard earning rate stands at 1 point for every RM1 spent, although some participating merchant partners will offer up to 6 bonus points.
Meanwhile, the executive director of STB (Southeast Asia), Terrence Voon said that this collaboration is a timely one in this post-pandemic world, allowing Singapore to promote itself as a destination of choice. He highlighted as well that travellers these days expect a seamless travelling experience enabled by contactless payments.
Senior vice president of Ant Group and head of Alipay+, Douglas Feagin also expressed excitement for the role that it can play in helping to connect local businesses in Singapore with international visitors. “Working closely with STB, we will enable Malaysian tourists to discover and visit more local merchants, to pay easily with their home e-wallet, TNG Digital, and enjoy greater savings. Through more enhanced digital payments, Singaporean merchants will also benefit from the rise in tourism,” he commented.
Moving forward, TNG eWallet users can find out about the latest Singapore-related deals and offerings by either checking their app or following TNG eWallet’s official social media pages.
(Source: TNG Digital)
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