TNG Digital Sdn. Bhd., the operator of Malaysia’s leading digital financial services app, TNG eWallet, has partnered with EPOS, a small and medium-sized enterprise (SME) transformation platform under Ant International, to launch a groundbreaking solution in Malaysia.
This collaboration introduces EPOS360, an all-in-one digital and payments platform designed to empower local businesses, particularly SMEs, with advanced tools for growth and seamless transactions.
Revolutionizing SME Digitalization in Malaysia
The launch of EPOS360, accessible as a mini-program within TNG eWallet, marks a significant step towards digitalization for over 25 million TNG eWallet users and thousands of SMEs across the country.
With AI-powered growth tools, EPOS360 offers merchants innovative ways to engage customers, streamline operations, and enhance their market presence in an increasingly competitive digital economy.
A Historical Push for Financial Inclusion
Historically, SMEs in Malaysia have faced challenges in adopting digital solutions due to high costs and limited access to technology, often leaving them behind larger corporations.
TNG Digital has been at the forefront of financial inclusion since its inception, providing accessible payment solutions like TNG eWallet to bridge the gap between traditional businesses and modern consumers.
Unique Payment Capabilities with EPOS360 BlueTap
Alongside EPOS360, the partnership also introduces EPOS360 BlueTap, an over-the-counter payment solution that supports multiple payment methods through a single terminal, simplifying transactions for merchants.
This innovation is expected to reduce operational complexities for SMEs, allowing them to focus on growth rather than managing disparate payment systems.
Impact on Malaysia’s SME Landscape
The impact of EPOS360 could be transformative, as SMEs, which form the backbone of Malaysia’s economy, gain access to tools that were previously out of reach, potentially boosting their revenue and customer reach.
By integrating with TNG eWallet, a platform already trusted by millions, EPOS360 ensures a ready user base, fostering quicker adoption among merchants and consumers alike.
Looking Ahead: The Future of Digital Payments
Looking to the future, this partnership signals a broader trend of technology-driven transformation in Malaysia’s financial sector, with AI and integrated payment solutions paving the way for a cashless society.
As TNG Digital and EPOS continue to innovate, their efforts could set a benchmark for other Southeast Asian countries, inspiring similar initiatives to empower SMEs regionally.