Besides announcing its intention of making eKYC a mandatory feature to fortify its eWallet security by the end of the year, TNG Digital also gave some hints about the other plans it has for the service, throughout 2024.
One of the new features TNG Digital plans on introducing to the eWallet is a Revolving Credit Line. Basically, it’s the service’s own version of “Buy Now, Pay Later” (BNPL) plan except in this case, it wants the feature to function in the same way you would use with a credit card: make the purchases first and then settle the total bill at the end of the month. Sadly, there are still not a whole lot of details about its execution and implementation.
TNG Digital is also planning on allowing customers to purchase gold via GOInvest but again, there’s not a whole lot of detail about this yet. Alan Ni, CEO of TNG Digital, did hint that it was working with a local but fell short of actually saying which bank it is. To that end, it also wants to enable folks to purchase shares with a low entry barrier, as well as to hedge them against inflation with ease.
Again, TNG Digital says that it plans on rolling out these features by this year, but did not provide any specific dates.
