Mon, 4 May 2026

Digital payments solution to help local SMEs grow with AI, launched  in Malaysia

Photo by Ben Cheung: https://www.pexels.com/photo/petronas-tower-malaysia-462671/

TNG Digital Sdn. Bhd. (“TNG Digital”), TNG eWallet, the operator of the Malaysia-based digital financial services and lifestyle app, and EPOS, the all-in-one SME transformation platform of Ant International, have launched EPOS360 in Malaysia.

It is an industry-first solution that claims to combine AI, enhanced payment capabilities, financial services, and more into one platform to facilitate the growth and digital transformation of businesses in Malaysia and, soon, in Singapore.

 Anuar Fariz Fadzil
Anuar Fariz Fadzil

“By embedding AI-powered business tools and innovative payment capabilities into a platform that millions of Malaysians already use, this initiative enables digital entrepreneurs to participate more meaningfully in the digital economy and supports Malaysia’s aspiration to become an AI Nation by 2030,” CEO of MDEC, Anuar Fariz Fadzil, said.

[From left] Mr Sarveswaran Raja Gopal, chief commercial officer of TNG Digital; Mr Alan Ni, chief executive officer of TNG Digital; [middle] En. Anuar Fariz Fadzil, chief executive officer of Malaysia Digital Economy Corporation (MDEC); Mr Gary Liu, chief executive officer of Antom and senior vice president of Ant International; and Mr Alan Wang, chief executive officer of EPOS and vice president of Ant International, at the launch of EPOS360 and EPOS360 BlueTap.

AI-powered digitalisation

TNG eWallet features such as Near Me vouchers allow merchants to reach over 25 million users while managing key business functions within a single solution.

“By bringing EPOS360 into TNG eWallet, we are giving businesses simple, trusted tools to reach more customers, run their businesses better, and grow within an ecosystem that millions of Malaysians use every day,” Alan Ni, chief executive officer of TNG Digital, said.

As part of EPOS360, TNG Digital and EPOS are introducing EPOS360 BlueTap, a smart over-the-counter device that supports multiple payment methods at a single terminal. For the first time in Malaysia, via BlueTap, consumers can tap-to-pay with TNG eWallet.

Allan Wang

Alan Wang, CEO of EPOS and vice president of Ant International, said: “Digitalisation is no longer a nice-to-have, and we believe that by putting the right technology into the hands of SMEs, we can empower them to unlock new and exciting opportunities.”

Related:  Podchats for FutureCIO: Digital transformation within the Asian financial services sector

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