CIMB's subsidiary Touch ‘n Go to launch e-wallet together with Alipay


Chief executive officer Syahrunizam Samsudin said the platform, currently named Touch

PETALING JAYA: CIMB Group Holdings Bhd’s subsidiary Touch ‘n Go is set to launch an “e-wallet” using technology pioneered by Alipay, sources said.

The service is positioned to shake up the payments business here, according to people familiar with the e-payment services segment.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Oil falls more than US$2 on banking concerns, likely Fed rate hike
Asian currencies mixed amid global financial concerns
Bitcoin near 9-month high as bank turmoil sparks rally
Switzerland wakes to new era after historic bank merger; employees 'shocked'
Credit Suisse rescue relief runs dry in skittish trade
Malaysia's MGS ANG GII sees strong foreign interest in Feb with inflow of RM5bil
Bursa succumbs to selling pressure
Malaysia exports rise 9.8% to RM204.99bil in Feb
Ringgit extends gains against US$
Foreign selling persists on Bursa to the tune of RM536mil net

Others Also Read