{"id":32769,"date":"2021-03-26T11:54:39","date_gmt":"2021-03-26T03:54:39","guid":{"rendered":"https:\/\/www.everydayonsales.com\/news\/?p=32769"},"modified":"2021-03-26T11:54:39","modified_gmt":"2021-03-26T03:54:39","slug":"tng-electronic-wallet-adds-new-features-of-small-investment-funds-increase-income","status":"publish","type":"post","link":"https:\/\/www.everydayonsales.com\/news\/tng-electronic-wallet-adds-new-features-of-small-investment-funds-increase-income\/","title":{"rendered":"TNG electronic wallet adds new features of Small investment funds increase income"},"content":{"rendered":"

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TNG electronic wallet adds new features of Small investment funds increase income<\/p>\n

\"\"<\/a>source TNGFB \"\"<\/a>source TNGFB<\/p>\n

Touch’n Go Malaysia is about to open additional features to allow e-wallet users to start investing in funds from as little as RM10. The profits earned will become additional income for e-wallets and increase the user\u2019s available amount. Allow users to experience the investment experience.<\/p>\n

Expected to be available in the end of March<\/h6>\n

This function opened by the group is expected to be available in the last week of March, when the group will explain more about using e-wallets to invest in funds.<\/p>\n

It is reported that this investment is a cooperation with Principal Asset Management. The investment funds include trust funds based on money market units and other capital market products.<\/p>\n

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Source TNG App<\/p>\n

TNG Digital Sdn Bhd, an associated company of Touch’n Go Group Malaysia and China Ant Group, was approved by the Securities Regulatory Commission (SC) of Malaysia as a Recognized Market Operator (RMO) last year, allowing the company\u2019s e-wallet to be directly connected Sell \u200b\u200bmoney market unit trust funds and other capital market products.<\/p>\n

This plan will combine Touch’n Go’s platform development, technology and data expertise, with the investment strategy and fund management skills of Principal Asset Management, and then use Touch’n Go e-wallet as a transmission platform, which will not only promote the country Digital and cashless processes will also strengthen financial inclusion.<\/p>\n

Take China Alipay as an example. The investment projects of e-wallet include “Yuebao” (a higher interest rate than banks, and mainly invests in currency funds), “Entertainment treasure” (a crowdfunding category, which mainly invests in movies and dramas, with a return of 6 %, which is an unstable income), and “Golden Treasure” (a gold transaction, the risk is lower than that of stocks and equity funds).<\/p>\n