Toss holds an Australian financial services licence that ASIC's record lists for non-cash payment products, and its own Financial Services Guide lists the rewards programme among its non-financial features. Its documents call the rewards "micro-rewards" and do not publish what a step or a point is worth.

People searching "is Toss walking app legit" usually want two answers: is the company real, and will walking with it put money in my account? This review answers from the operator's own documents and Australian public registers, separates what the store listing promises from what the terms guarantee, and lists what we could not verify. It is based on public documents checked on October 10, 2026, not on using the app or withdrawing points.

Know What a Reward Is Worth Before You Start

VISU ties rewards to a verified visit at a partner location, with the rules shown up front. No step quotas, no scratchcards, no bank link required to see what a visit pays.

See How VISU Works →

The Short Answer

On identity, Toss checks out. The Australian service is operated by Toss Australia Pty Ltd, a company with an active ABN, and the Australian Securities and Investments Commission (ASIC) lists it as the holder of Australian Financial Services licence 700093.

ASIC's record lists that licence for non-cash payment products. Separately, Toss's own Financial Services Guide lists the rewards programme among the app's "other, non-financial services features". The existence of the licence does not guarantee that walking rewards are paid.

On money, the documents are much quieter. The terms say you earn reward points for activities the company chooses "in its sole discretion", and withdraw them by "transferring rewards points to a Linked Account". No public document we read states how many points a step earns, what a point is worth in dollars, or the minimum needed to withdraw.

Toss's own Target Market Determination says the rewards programme is not appropriate for "Consumers seeking substantial financial returns or material loyalty benefits."

Man in his forties walking a dog along a quiet suburban street lined with flowering trees, glancing at his phone
Illustrative image: Toss holds a financial licence registered with ASIC for payment products. Its services guide classifies walking rewards as a non-financial feature.

Who Runs Toss in Australia

For Toss there are two names to keep apart: the Australian operator and the Korean parent that publishes the app.

  • The Australian website, en-au.toss.im, names "Toss Australia Pty Ltd" in its footer, with ACN 688 041 956, AFSL 700093 and an address in Surry Hills, New South Wales.
  • ABN Lookup, the Australian Government business register, shows TOSS AUSTRALIA PTY LTD as an Australian private company with ABN 39 688 041 956, "Active from 14 Jun 2025", and the same ACN.
  • ASIC's public dataset of financial services licensees lists licence number 700093 under the name TOSS AUSTRALIA PTY LTD with the same ABN and a start date of 9 February 2026. The authorisations on the record cover general advice and dealing in "Non-cash payment products" for retail and wholesale clients.
  • Google Play and the App Store list the app under the developer name Viva Republica, the South Korean company behind Toss. The Australian privacy policy confirms the relationship: "As a subsidiary of a South Korean company".

Read the licence narrowly: it tells you who you are dealing with, not whether the step feature pays or how much.

What the Store Listing Promises

Start with the marketing. On the day of this check, the Google Play and App Store listings carried the same three lines about earning:

  • Walking. Under the heading "TURN STEPS INTO POINTS", the listing says: "Walk, earn, repeat. Stay healthy and get rewarded with scratchcards."
  • A daily fortune, with points. "Start your day by checking your fortune and get rewarded points every day."
  • Points for tapping nearby users. "Spot Toss users around you, tap their avatars, and collect points you can turn into cash."

The walking line promises points and scratchcards, not cash. Only "points you can turn into cash" mentions money, and it gives no rate. The listing also says "30 million people already use Toss". That is the company's own figure for its whole user base, not for Australia: the same listing serves South Korea.

Toss's Target Market Determination is plainer. It lists "Gamified engagement activities such as Toss Walk, Toss Radar, Daily Fortune", "Small e-value rewards redeemable to bank account" and rewards "provided by watching short advertisements", which it puts at 10 to 15 seconds each. It also says the programme is not appropriate for "Users who do not wish to view advertisements."

What the Terms Guarantee About Points

The terms decide a dispute, so they carry more weight than a store description. Here is what section 5, "Toss Rewards", commits to and what it reserves for the company.

  • You earn points, on the company's terms. "You will earn, and the Company shall grant, rewards points in connection with your participation in eligible activities." The company, "in its sole discretion", decides which activities count and who receives points, and eligible activities "are subject to change from time to time".
  • Points last two years. "Reward points are only valid for two years from the date they are earned." Clause 5.5 adds that points can be cancelled if they "have not been transferred to a Linked Account or used within 2 years of being earned."
  • Withdrawal goes to your bank. Clause 5.2: "To withdraw any earned rewards points, follow the prompts in the Toss App while transferring rewards points to a Linked Account."
  • Points can be withheld or taken back. Under clause 5.3 they "may not be credited or may be reclaimed" if the company decides you breached the agreement, if it "decides to discontinue or cancel Toss Rewards", or if it suspends your access.
  • A balance can go below zero. Clause 5.4 lets the company reduce points it already credited, and adds: "This may result in a reward points balance becoming negative."
  • Closing your account can end the points. Clause 5.5 lists "you cancel your user registration" among the reasons earned points may be cancelled.
Couple in their thirties at a kitchen bench reading a document together, a phone lying face down beside a cup of coffee
Illustrative image: under the terms, points are withdrawn by transferring them to a linked Australian bank account.

The terms also give you two things. Clause 2.3 says "There are no fees or charges payable by you to the Company in connection with the access to or use of the Services." And clause 14.2 says that when the company considers a change "unfavourable to you", it will give "at least 30 days' notice", unless less notice is needed to manage an immediate risk.

The terms publish no scratchcard prize table and no minimum withdrawal amount. The Target Market Determination confirms a threshold exists, saying rewards "can be redeemed once a minimum threshold is reached", but not what it is.

Earn From the Visit, Not From the Step Count

With VISU, the reward is linked to being at a participating place and verifying the visit there. You see what a visit is worth before you go, and the rules are published instead of left to discretion.

Try VISU →

What We Could Verify, and What We Could Not

Verified in public sources on October 10, 2026:

  • Toss Australia Pty Ltd is an active Australian company on ABN Lookup, and ASIC's licensee dataset lists licence 700093 in its name, for non-cash payment products.
  • The legal documents are linked from the Australian website, and the terms page carries the date 15 October 2025.
  • The Financial Services Guide says rewards "are funded by us from our own resources, and are not funded from any fees paid by you", and that the company "may earn revenue from advertising".
  • The terms name the Australian Financial Complaints Authority as the body to go to "If you are unhappy with how the Company has dealt with your complaint".
  • Google Play shows the app in the 10M+ downloads range with a 3.4 rating on the Australian storefront and an update dated 9 October 2026. The download range covers the global app, not Australia alone. The Australian App Store showed 50 ratings with an average of 3.4.

Not verified:

  • How many points a step, a scratchcard, a daily check-in or an ad is worth. No public document states it.
  • The dollar value of a point and the minimum threshold for withdrawal.
  • Whether withdrawals arrive as described. We found no independent record of completed payouts in Australia.
  • When the app or the walking feature launched in Australia. No document states a launch date.
  • How many people use the service in Australia.

The company's own paperwork gives three addresses: Surry Hills in the website footer, Barangaroo in the Financial Services Guide and Adelaide on the ASIC record. We note it without drawing a conclusion.

Store reviews are context, not evidence. On the Australian App Store, two reviewers wrote in April that the app closed when they opened the step or points screen, and the developer replied asking them to contact support.

Questions to Ask Before You Start

Four questions help you decide whether Toss suits you.

  1. Do you want the finance app, or only the steps? You cannot have the second without the first.
  2. What is a point worth today? Look for the conversion and the minimum withdrawal in the app, or ask support in writing.
  3. Will you reach the threshold within two years? If not, the earliest points expire before you can withdraw them.
  4. What happens if you leave? Withdraw what you can before you close your registration.

Our guide on whether money apps are legit has a checklist that works on any earning app. The one on how minimum payouts work in reward apps explains why a threshold matters more than a headline rate.

So, Is the Toss Walking App Legit?

Toss is legitimate in the sense that can be checked from the outside: an identifiable Australian operator, a licence on ASIC's public record, listed for non-cash payment products, published terms under New South Wales law and a named external complaints body.

Legitimate is not the same as worth it, and holding the licence does not guarantee that walking rewards are paid. The documents promise points at the company's discretion, a two-year window to use them and a transfer to your bank once you pass a threshold nobody publishes. They do not promise an amount.

If you already want an app that shows your bank accounts in one place, the walking points are a free extra with a clear expiry date. If you only want to be paid for walking, you would be linking a bank account for a reward whose value you can only see after you sign up. To see what a reward is worth before you commit, the VISU Local map shows participating places and what each visit pays.

A Reward Tied to a Place, With the Rules Up Front

VISU works with partner locations near you. Visit, verify, and the reward is credited under rules you can read before you leave home.

Get Started With VISU →

FAQ

Is the Toss walking app legit?

The operator is verifiable. Toss Australia Pty Ltd has an active ABN, and ASIC's public licensee dataset lists Australian Financial Services licence 700093 in its name. ASIC's record lists that licence for non-cash payment products, and Toss's own Financial Services Guide lists rewards among its non-financial features. The existence of the licence does not guarantee that walking rewards are paid.

Does Toss pay you to walk?

Its store listing says steps earn points and scratchcards, and its terms say points can be transferred to a linked bank account. No public document states how many points a step earns or what a point is worth.

How do you cash out Toss points?

Under the terms, you transfer reward points in the app to a linked account, meaning an Australian dollar bank account in your name. A company document says a minimum threshold applies, but the amount is not published.

Do Toss points expire?

Yes. The terms say reward points are only valid for two years from the date they are earned. Points may also be cancelled if you close your registration.

Do you need to link a bank account to use Toss?

Yes. The terms say you must link at least one eligible account, an Australian dollar account in your name, and be at least 18.

Is the Toss walking feature available outside Australia?

The documents reviewed here cover the Australian service only, with Australian app stores and Australian dollar bank accounts. Toss also operates in South Korea under separate rules that this review does not cover.

References