TrueMoney e-wallet reaches 15,000 local payment points within four months

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TrueMoney e-wallet reaches 15,000 local payment points within four months
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TrueMoney e-wallet reaches 15,000 local payment points within four months FMTNews FMTBusiness

Over 50 million users in Southeast Asia have downloaded the TrueMoney e-wallet app as of this year, according to the company.

TrueMoney was initially launched in partnership with Lotuss Stores Sdn Bhd, becoming the official payment provider for all its Lotus’s outlets nationwide. Prior to its launch in Malaysia, TrueMoney was also available in Vietnam, Cambodia, Myanmar and Indonesia. Similar to the Touch ‘n Go e-wallet, the Thai e-wallet is also a product of a joint venture with Alibaba’s Ant Financial.

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