Home Highlights RM300 million of e-wallet credit for 2 million youths

RM300 million of e-wallet credit for 2 million youths

eWallet ePemula credit youths
Pengguna membeli barangan menggunakan aplikasi Touch 'n Go eWallet pada Pelancaran Inisiatif E-Tunai Rakyat di IOI City Mall, Putrajaya. foto SYAFIQ AMBAK, 22 JANUARI 2020

KUALA LUMPUR – RM300 million have been allocated under Budget 2022 for two million youths via the e-cash initiative, ePemula.

Eligible youths will receive RM150 credit each via selected e-wallet service providers, the Ministry of Finance said in a statement today.

“The four e-wallet service providers selected for this programme are BigPay, GrabPay, ShopeePay and Touch ‘n Go,” said the statement.

Currently, the four e-Wallet service providers have a network of 1.2 million retailers.

SME businesses which have not registered to accept electronic or cashless payments are recommended to register with the e-wallet service providers to benefit from the ePemula programme which will kick-off in mid-April. -MalaysiGazette