KUALA LUMPUR: TNG Digital Sdn Bhd has launched its digital remittance services, GOremit in the Touch 'n Go eWallet, enabling users to send money securely to five Southeast Asian countries namely Indonesia, the Philippines, Singapore, Thailand, Vietnam, and countries in the Asian region including Bangladesh and India.
Senders are required to complete their verification via electronic Know Your Customer (eKYC) to use the services and can choose to transfer to the recipient's bank account, local eWallet or to cash pick-up points.
As of today, there are three supporting e-wallets which include bKash in Bangladesh, GCash and PayMaya in Philippines.
Recipients will receive their funds within 15 minutes depending on their method of collection.
In addition to sending money internationally through GOremit, users can also receive funds from overseas in their eWallet real-time from Wise and Panda Remit.
The company plans to expand this service to more overseas partners in the near future.