Touch 'n Go eWallet
Malaysia's toll-born wallet turned everyday money app; Ant-backed.
- Who holds it
- An e-money institution holds your balance in a safeguarding account — E-money issuer license (Bank Negara Malaysia).
- The ledger
- The e-money institution’s own ledger.
- If it fails
- Safeguarded funds are returned in administration — ring-fenced, but access can be frozen and slow.
Derived from Touch 'n Go eWallet’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Kuala Lumpur, MY |
| Founded | 2017 |
| Custody | Custodial |
| Regulation type | E-money institution |
| License detail | E-money issuer license (Bank Negara Malaysia) |
| Card | Visa · Prepaid |
| Yield | GO+ ~3% |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Asia |
Verified links: official site ↗
Common questions about Touch 'n Go eWallet
What is Touch 'n Go eWallet?
Touch 'n Go eWallet is a fiat neobank, headquartered in Kuala Lumpur, MY and founded in 2017. Your money is held custodially, so Touch 'n Go eWallet or its partner bank holds the balance and you hold a claim on it. It is regulated as an e-money institution (E-money issuer license (Bank Negara Malaysia)).
Does Touch 'n Go eWallet have a card, and where can you use it?
It issues a Visa prepaid card. It is available in Asia.
Does Touch 'n Go eWallet require KYC?
Yes. Touch 'n Go eWallet requires identity verification (KYC) to open an account, as a e-money institution.
What does Touch 'n Go eWallet cost?
From the verified fields: yield GO+ ~3%. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Touch 'n Go eWallet before relying on them.
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Peers
Wise · KakaoBank · WeBank · bKash · Maya · GCash
Touch 'n Go eWallet appears in
Neobanks authorised as e-money institutions (48) · Neobanks available in Asia (132) · Neobanks that issue a Visa card (182)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.