TNG Digital partners with Korea Tourism Organisation to deliver hassle-free, cashless travel experience for Malaysian travellers visiting Korea via TNG eWallet

TNG Digital Sdn. Bhd. ("TNG Digital"), Malaysia's leading integrated fintech player, and the Korea Tourism Organisation (“KTO”) have officially announced a transformative partnership aimed at elevating the travel experience for Malaysians visiting Korea via TNG eWallet. This partnership makes TNG eWallet the first Malaysian eWallet to be endorsed by KTO, simplifying payment solutions for Malaysian travellers exploring Korea’s vibrant cities and scenic destinations.

With a growing number of Malaysian tourists visiting Korea each year, including 201,769 arrivals from January to September 2024 reflecting a 23.8% increase over last year, this partnership aims to enrich their travel experience by allowing them to use TNG eWallet seamlessly in Korea, just as they do at home. From picking up essentials at convenience stores like CU Mart, stocking up on beauty products at Olive Young, to savouring local dishes and exploring Korea’s bustling shopping malls, travellers can rely on TNG eWallet as their trusted payment method, minimising the need for cash or currency exchange.

Through its partnership with Alipay+, Malaysian travellers using TNG eWallet can make payments at 1.9 million ZeroPay merchants across major cities and tourist hotspots in Korea. By simply scanning the QR codes, travellers can enjoy a smooth, secure, and fully cashless travel experience, without worrying about handling foreign currency. Malaysian travellers can also opt to use the TNG eWallet Visa card as an alternative cashless payment method, expanding their payment options to over 3 million Visa merchants across Korea. With 0% foreign transaction fees for payments with the TNG eWallet Visa card, travellers can spend confidently while ensuring their travel budget stays on track.

Recognising the significance of this growing market, TNG eWallet launched country-specific homepages earlier this year, allowing users to view real-time wallet currency conversion rates and benefit from competitive, transparent exchange rates. The South Korea country homepage provides easy access to essential information about Korea, including promotions, travel tips, discounts and instant rebates at selected stores, further enriching their travel experience by spending like a local while maximising the value of their spending.

Korea ranks among the top ten countries for TNG eWallet usage overseas, reflecting the strong adoption of digital payments by Malaysian travellers. Through TNG eWallet, Malaysian travellers are able to experience Korea like locals, fostering greater travel confidence and convenience. As KTO’s first Malaysian eWallet partner, this collaboration strengthens TNG eWallet’s commitment to expanding cross-border payment capabilities, while simultaneously boosting tourism and supporting local economies in Korea through the ease of cashless travel. KTO further strengthens this initiative by offering reliable and latest travel tips and tourist information for Malaysian travellers, enhancing Korea’s appeal as a top destination choice for Malaysians

For more information on how to make seamless payments in over 50 countries using TNG eWallet’s Cross Border Payments feature, visit here. Users can also stay up to date on upcoming deals and offerings for their next holiday in Korea by following TNG eWallet and KTO on Instagram and Facebook.