Back

TNG Launches Cash-out Service in Japan via Lawson

October 23, 2018

Hong Kong, 22 October 2018 – TNG FinTech Group (“ TNG ” or the “ Group ”), Asia’s leading financial technology company, announces a strategic partnership with Queen Bee Capital Co., Ltd to launch cash-out service in Japan’s convenience store franchise chain Lawson. Hong Kong tourists now can withdraw cash at Lawson convenience stores in Japan with QR codes generated on their smartphone screens by the TNG Wallet app.

TNG users can enjoy the cash-out service at over 13,000 Lawson and Natural Lawson stores in Japan. With the in-store “Loopi” multimedia terminal, they can complete a few simple steps and then pick up the cash from cashier. The maximum withdrawal amount is JPY9,999 each time and users can make multiple withdrawals 24/7.

Procedure

  1. A QR code will be generated on TNG Wallet app after a purchase of foreign currency is completed

  2. Scan the QR code with the “Loppi” multimedia terminal and print out the voucher with barcode

3. Present the voucher to the cashier in exchange for cash in Japanese yen

Mr. Alex Kong, Founder and Chairman of TNG , says, “Japan is one of the most popular destinations for Hong Kong tourists. Some of them have to spend time buying foreign currency in advance and carry large amounts of cash while travelling. Riding on the convenience store culture in Japan and TNG Wallet’s fast and reliable foreign currency purchase service, we aim to upgrade the travel experience of our users.”

Mr. Kong adds, “The partnership with Lawson is part of a broader strategy, as TNG continues to expand its reach and offerings overseas. Last week we announced the acquisitions of Tranglo, a global cross-border payment gateway company, and WalletKu, a Indonesian e-wallet operator. The collaboration with a variety of services providers shows our strong confidence and dedication to overseas markets, and our commitment to deliver high quality financial services to our growing users.”