Rest assured your settlement is safe. While PIDM protection applies to traditional banking, it doesn’t apply to e-wallets like TNG eWallet because we don’t hold your money directly. Instead, your funds are stored in trustee accounts managed by CIMB and OCBC banks, both of which are members of PIDM. These funds are strictly regulated and can only be used for purposes like settling payments to merchants. This ensures your money remains safe in trustee accounts, even in the event of unforeseen changes at TNG Digital.