Friday, June 22, 2007

Tune Money gets Bank Negara nod for prepaid cards


PETALING JAYA: Tune Money Sdn Bhd, which is due to launch its no-frills online financial services by the fourth quarter, has received its first regulatory approval from Bank Negara to issue prepaid cards – credit cards without debt – in Malaysia.

It also received the central bank's approval to perform international remittances, meaning that Tune Money prepaid cardholders would be able to transfer funds overseas using their cards. Chief executive officer Tengku Zafrul Aziz said in a statement that the two approvals meant Tune Money could go ahead to launch its personalised prepaid card later this year.

Tune Money Sdn. Bhd. said its no-frills Prepaid VISA cards will be unveiled latest by November after another product, a low-cost insurance and unit trust sale on the Internet, is launched. The cards will be issued in collaboration with Visa.
Tune Money is 45 percent owned by Tune Venture Sdn. Bhd., a private company in which Tony Fernandes, the founder of budget airline AirAsia, has a majority stake.

The prepaid Visa cards, which will have a stored value of as much as 10,000 ringgit (US$2,900; €2,260), will be targeted at low-income earners who are unable to get regular credit cards because banks don't recognize their creditworthiness, said a Tune Money statement

Tune Money says that people without a credit card — at least 70 percent of employed Malaysians — are deprived of all the cheap deals available online such as discounted tickets, holidays and hotel rooms.

"It's ironic that those who most need the savings you can get from the deals online have no access to it because they do not qualify for a credit card," Zafrul Aziz.


Comment By Mentor :- It's a shame as TUNE MOney is offering 'A GIFT CARD' version i.e. a non-reloadable card VISA card!. Buy and throw away once the fund in the card is exhasted. By the way, CIMB is a venture partner of TUNE MONEY - why can't they offer a RELOADABLE VISA prepaid card version?

MEMBERS - Get THE AMBANK Next-G Prepaid Reloadable MasterCard for only RM 25!


You'll be able to SEND and RECEIVE money with PAYPAL with NEXT-G card...read comments at ebay.com.my or click here

Comment by MENTOR ; AGLOCO will be paying via PAYPAL .Just visit any AMBANK to buy the Mastercard!

Thursday, June 7, 2007

Viewbar Is Ready For Download Now!


We are pleased to report that your AGLOCO Viewbar has been released and is ready for you to download now. Since you signed up with AGLOCO, our community has continued to grow even larger, stronger, and more active. With the Viewbar software, we are excited for each Member of the AGLOCO community to begin earning their share of the wealth generated on the Internet.

Here is how to download and launch AGLOCO Viewbar:
Go to the AGLOCO website at https://www.agloco.com/c/portal/login and login to get to your Member Account page.

You need have AGLOCO account, you can create AGLOCO account here.

There is now a "Download the Viewbar" button on that page. Simply click the Viewbar download button and follow the download directions. Please click "Run" when offered to Run, Save or Cancel.

You will need to enter your Account ID# (or email address) and your AGLOCO account password to activate your Viewbar.

After you download the Viewbar, you can launch it for first time by going to your Windows Start Menu and clicking on the AGLOCO Viewbar Icon.