KUALA LUMPUR, June 13 — Curlec by Razorpay, a leading FinTech payment gateway, has announced a groundbreaking partnership with TNG Digital, the operator of Malaysia’s largest eWallet, TNG eWallet. This collaboration will enable recurring payments for over two million merchants and 21 million verified users, focusing on SMEs, rural areas, and younger demographics. This integration makes Curlec one of the first payment gateways to offer recurring payments with TNG eWallet.

Zac Liew, Co-founder and CEO of Curlec, emphasized the significance of this partnership in expanding financial accessibility. “Consumers and businesses can now set up recurring payments, enhancing financial stability for SMEs and providing a seamless payment solution for unbanked and underserved communities,” said Liew. Alan Ni, CEO of TNG Digital, highlighted the partnership’s alignment with efforts to democratize financial access in Malaysia, promoting a cashless society and supporting Bank Negara Malaysia’s Financial Sector Blueprint 2022-2026.