Categories: NewsTech

TNG Digital hires former Firefly CEO to accelerate eWallet growth

TNG Digital, the company that manages the Touch ‘n Go eWallet has announced the appointment of Ignatius Ong as its new CEO. Ignatius was formerly the Chief Executive Officer of Firefly Airlines and the Group Chief Revenue Officer at Malaysia Airlines.

His appointment at TNG Digital will take effect on 12th August 2019. The current CEO, Syahrunizam Samsudin, will resume his role as CEO of Touch ‘n Go. According to TNG Digital Chairman, Tengku Datuk Seri Zafrul Aziz, Ignatius comes into the role with a firm mandate to accelerate growth at TNG Digital as it moves to maintain and solidify its position as the No.1 e-wallet player in the country, directly supporting the nation’s cashless agenda.

TNG Digital Sdn Bhd is a joint-venture between Touch ‘n Go Sdn Bhd and Alibaba Group’s Ant Financial Services Group. As of July 2019, it was reported that TNG Digital has 4.3 million eWallet users and there are currently 50,000 merchants that use the app. TNG Digital aims to increase this number to 70,000 merchants by the end of this year. Apart from making cashless retail payments, the Touch ‘n Go eWallet also enables toll payments via RFID as well as PayDirect.

[ SOURCE ]

Related reading

Recent Posts

BYD local assembly still on: Advanced discussions underway with local CKD partner

BYD has cancelled its plan to build a local assembly (CKD) plant in Tanjung Malim,…

1 day ago

Ant International brings AI-powered payment protocol to eWallets including TNG eWallet

Ant International, a digital payment and financial technology provider affiliated with Ant Group, has officially…

1 day ago

Gentari deploys 220kW DC Charger at Petronas Mutiara Damansara

If you need to top up your EV quickly around Mutiara Damansara, Gentari has deployed…

1 day ago

BYD Atto 3 Performance AWD now in Malaysia: Limited to just 69 units, priced at RM149,800

BYD Sime Motors has officially launched the BYD Atto 3 Performance, marking the third variant…

1 day ago

Asus ROG G1000 flagship gaming desktop arrives in Malaysia with Ryzen 9 9950X3D and RTX 5080, priced at RM29,999

If you are looking for a pre-built gaming rig with serious horsepower and have a…

1 day ago

EV registrations jump 155% YoY to record 8,833 units in August, 11.43% of Malaysia TIV

Malaysia recorded an all-time high of 8,833 electric vehicle (EV) registrations in August 2026, according…

1 day ago

This website uses cookies.