Description
Torum International Sdn Bhd is a registered digital asset exchange in Malaysia, recognized by the Securities Commission Malaysia as one of several Recognized Market Operators (RMOs) permitted to operate in the country. Its main product, TorumPay, is a crypto e-wallet and digital asset exchange (DAX) operator. The platform allows users to trade and spend over 17 cryptocurrencies, with transactions as simple as using the local Ringgit currency. Key offerings include the TorumPay card for seamless conversion and spending of crypto assets into Ringgit at merchants worldwide via contactless or DuitNow QR payments. The service also features instant crypto trading, staking opportunities to earn rewards, and simplified crypto transfers between contacts or through QR codes, eliminating the need for complex wallet addresses. TorumPay emphasizes transparent pricing, security, and regulatory compliance. The company's registered address is in Bangsar South, Kuala Lumpur.