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TNG Wallet partners with 7-Eleven to launch 24x7 FinTech services

Cyberport incubatee TNG Wallet, Hong Kong’s leading e-wallet, announced its partnership with 7-Eleven to launch around-the-clock payment and cash withdrawal services across the city.

 

Combined with TNG’s existing top-up service at all 7-Eleven stores, TNG Wallet now offers FinTech services that are available 24 hours a day and 7 days a week, including top-up, cash withdrawal and payment. This collaboration makes TNG Wallet the only e-wallet to provide cash withdrawal service in Hong Kong, which will also increase TNG Wallet‘s global cash pick-up points up to over 180,000. 

 

Since gaining their Stored Value Facilities license from the Hong Kong Monetary Authority last summer, TNG Wallet has secured a large registered user base clocking up over 600,000 downloads. Their global FinTech service system facilitates global remittance, money transfer, global bill payment, foreign currency exchange and cash withdrawal, among other functions.

 

“By pairing 7-Eleven’s extensive store network with the strong functionalities of TNG Wallet, we aim to make financial transaction as easy and user-friendly as possible by providing a 24x7 channel that combines reliability and access convenience, especially for those in rural areas that do not have financial services provided in their neighbourhood,” explained Alex Kong, Founder and CEO of TNG Wallet.

 

“As a Cyberport incubatee, TNG Wallet attaches great importance to financial inclusion. It is also our ongoing initiative to support digital tech entrepreneurs for the betterment of Hong Kong. Looking ahead, we hope to see Hong Kong’s FinTech start-ups craft an even brighter future by effectively unleashing its vibrant potential,” said Mr. Herman Lam, CEO of Cyberport “

 

TNG Wallet is now looking at building a global e-wallet FinTech service network, and paying close attention to different technological and business development opportunities, especially in countries along the ‘One Belt, One Road’ route.