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Touch 'n Go eWallet vs Wise

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Wise

8.2#4 in money transfer appsFree plan
Free planAndroidiOSWeb
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What both publish

FactTouch 'n Go eWalletWise
Company historyTNG Digital, the company behind TNG eWallet, was founded in 2017 and launched the eWallet the following year.Wise says it launched in 2011 with a vision of making international money transfers cheap, fair, and simple.
Exchange-rate modelvariablemid_market
Founded20172011
Free planYesYes
HeadquartersKuala Lumpur, MalaysiaLondon, United Kingdom
Mobile platformsbothThe Wise app is available for iOS through the Apple App Store and for Android through Google Play.
RegulationThe maker states that TNG Digital is regulated by Bank Negara Malaysia and the Securities Commission.Wise states it is authorised by the UK Financial Conduct Authority for issuing electronic money and works with a local bank partner to offer inward remittance service to India with RBI approval.
Scheduled transfersYesYes
SecurityThe maker lists biometric logins, one-tap approval, cooldown periods and real-time transaction checks as eWallet protections.Wise says it safeguards customer money separately from its own and uses two-step authentication to protect accounts and transactions.
SupportThe PDS lists a customer careline available daily from 7 AM to 10 PM, including holidays, and in-app chat.Wise says its customer support is available by email, live chat, and phone, 24/7 in English and in 14 other languages.
Transfer speedinstantOn many popular routes, transfers can arrive within one day, the same day, or instantly.
Transfer trackingYesThe app shows the list and current status of transfers users have set up.

Touch 'n Go eWallet plans

  • TNG eWalletFree

Wise plans

  • Wise personal account and transfersFree

Pick Touch 'n Go eWallet if…

You want what its maker publishes above — check its page for the details.

Pick Wise if…

Wise suits people sending money to overseas bank accounts or receiving payments from abroad. It may also suit users who want to track or schedule transfers and receive exchange-rate alerts.

Charts they share