KUALA LUMPUR (Sept 3): TNG eWallet\u2019s international visitors spent over RM1 billion through the application in the first six months of Visit Malaysia 2026 as more used Malaysia\u2019s domestic quick response (QR) payment ecosystem to spend seamlessly at businesses nationwide, said TNG Digital Sdn Bhd.<\/p>\n
The digital financial services and lifestyle application operator said the amount accounts for close to half of the RM2.58 billion in inbound tourist spending recorded through TNG eWallet since it was introduced in April 2025.<\/p>\n
\u201cSingapore, Indonesia, Brunei, China, Thailand and Australia were among the largest visitor markets during the period, with travellers from each tapping into Malaysia\u2019s domestic QR payment ecosystem.<\/p>\n
\u201cWhile international visitors increasingly expect cashless payment experiences, many small, micro and informal businesses have historically been unable to accept card payments due to the costs of card acceptance infrastructure,\u201d TNG Digital said.<\/p>\n
As a result, TNG Digital said a significant portion of tourist spending has historically been concentrated among larger merchants that readily accept foreign cards, with 76% of transactions taking place at physical merchant locations rather than online. This demonstrates that spending was taking place across Malaysia’s physical merchant ecosystem.<\/p>\n
\u201cRetail accounted for 43% of inbound transaction value, while food and restaurant merchants contributed a further 40%, highlighting how digital payments are helping tourism spending reach everyday Malaysian businesses,\u201d it added.\u00a0\u00a0<\/p>\n
TNG Digital chief executive officer Alan Ni said the success of Visit Malaysia 2026 will not be measured solely by the number of visitors Malaysia attracts, but by how widely the economic benefits are shared, with every visitor able to spend easily and every Malaysian business having the opportunity to benefit from that spending.<\/p>\n
\u201cMany small businesses, hawkers and night market stalls, have traditionally been excluded from international tourist spending because accepting card payments can be costly and operationally challenging.<\/p>\n
\u201cBy extending Malaysia\u2019s QR payment ecosystem to international visitors, we are helping connect tourists directly with businesses of every size across Malaysia,\u201d he said.<\/p>\n
As Visit Malaysia 2026 continues, TNG Digital will continue to widen merchant participation and enhance the payment experience for international visitors.<\/p>\n
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