TNG MasterCard Data Collection Policy

TNG MasterCard Data Collection Policy

TNG (Asia) Limited and its affiliates (hereinafter referred to as “TNG”, “we”, “us” or “our”) undertake to fully meet the requirements of the Personal Data (Privacy) Ordinance, Chapter 486 of the Laws of the Hong Kong.

Personal data will be collected only for lawful and relevant purposes and all practicable steps will be taken to ensure that personal data held by us is accurate. We will take all practicable steps to ensure security of the personal data and to avoid unauthorised or accidental access, erasure or other use.

This Data Collection Policy (the “Policy”) describes how TNG collect, use and share data from you and the choices that you can make about the way your data is collected, used and shared.

Please note that if you do not provide us with your personal data, we may not be able to provide the information, products or services you need or process your request.

Purpose

We collect your information for the following purposes:

Disclosure or Transfer of Data

We agree to take all practicable steps to keep all your personal data confidential and/or undisclosed, subject to the provisions in this section. Generally speaking, we will only disclose and/or transfer your personal information to our personnel and staff for the purpose of providing services to you. However, we may disclose and/or transfer such information to third parties under the following circumstances:

or the purposes set out above, we may provide your personal information to the following parties or any of them:

Access and correct your information

You may access your personal information that we have collected and correct factual errors in your personal information by sending us a request that credibly shows error. You also have the rights to ascertain our policies and practices in relation to personal data and to be informed of the kind of personal data held by us.

To protect your privacy and security, we will take reasonable steps to verify your identity before granting access or making corrections. We reserve the right to charge you a reasonable fee for complying with any request for access to your data.

All requests regarding access to or correction of your personal information should be made in writing to:

The Data Protection Officer

TNG (Asia) Limited

c/o 21/F, Olympia Plaza

255 King’s Road

North Point

Hong Kong

If you have questions regarding this Policy, please contact our Customer Service team at +852 3951-6268 or email us at data_privacy@tng.asia.

Privacy Policy Statement

You can find out more about TNG’s policy on privacy and personal data protection by accessing our privacy policy statement available on our website located at .

Updated on September 2019 in Hong Kong.

Announces Strategic Exit from Stored Value Facilities ("SVF") business

We would like to announce to our users that we have decided to exit the SVF business due to our consideration for strategic corporate restructuring and realignment. The decision to exit the SVF business was made after a thorough review and deliberation of the company’s portfolio and business strategies. We are working on a non-SVF business for a total transformation of our business to carry our motto of “Make Your Life Easier”. Do take note of our future announcement. 

Customer Protection

TNG Wallet remains committed to supporting its users, merchants, and service partners  during this transition. We have made sufficient provision for financial and administrative resources to meet the float redemption and relevant administrative processes to ensure that all obligations to users, merchants and service partners are met and that users are provided with the necessary guidance and support. 

The existing independent 3rd Party, Custodian agency, (“Tricor Trust (Hong Kong) Limited”) will continue to act as Custodian throughout the redemption process. TNG will commence the exit process today (25 October, at 4:30pm) and all of the services will be terminated by 9 December 2024. From 4:30pm on 25 October 2024 to 6:00pm on 9 December 2024, all TNG users will be able to withdraw your money in TNG Wallet in various ways (see below service list for more info). 

You are encouraged to withdraw the remaining balance via local merchant payment, FPS/ Bank Transfer, P2P Transfer, and MasterCard Purchase on or before 9 December 2024 6:00pm. All relevant service charges will be waived during the period of 25 October 2024 and 9 December 2024. After the termination of TNG services on 9 December 2024, TNG Wallet App will be retired and the management fees will be applied. 

For details, please click this window to find out.