Touch ’n Go eWallet: limits, verification and how it differs from a bank
Wallet limits, verification, why an e-wallet is different from a bank deposit, and where GO+ sits.
Official transaction limits
| Wallet size | Per transaction | Daily | Monthly | Annual |
|---|---|---|---|---|
| RM20,000 | RM9,999 | RM120,000 | RM120,000 | RM600,000 |
| RM5,000 | RM5,000 | RM5,000 | RM5,000 | RM60,000 |
Source: tngdigital.com.my/get-started/ewallet-size-and-limits/. Contactless and Visa-card limits can be managed separately in the app. The page also says card payments share the eWallet transaction limits.
Verification (eKYC) usually unlocks a higher wallet size and more features. For the current unverified-wallet cap, check TNG’s help centre – that figure can change.
PIDM, GO+ and what this site does not cover
Do not treat an e-wallet balance as a PIDM deposit. If TNG publishes a separate explanation of how it holds customer funds (for example in trust accounts), read that official help article – it is still not the same as a deposit in your name at a digital bank.
GO+ is listed on TNG’s site under investments, alongside Principal. That is a signal it is not a savings account. Read TNG’s GO+ page and the fund documents for the current return, before you move money there.
This guide is about the eWallet. It is not a guide to the physical Touch ’n Go card, highway RFID, or the TNG portal used for those products.
FAQs
Is Touch ’n Go eWallet a digital bank?
No. The five licensed digital banks are listed on our landscape page.
Is my eWallet balance PIDM-insured?
PIDM says e-wallets are not protected by PIDM. Read TNG’s official help for its own description of how balances are held.