Connect with us

News

Govt Will Be Rolling Out New E-Wallet System and M’sians Can Get RM30 Free On It!

Published

Finance Minister: Government Is Testing An E-Wallet System Named E-Tunai Rakyat - World Of Buzz 5
Source: Malay Mail & KLGadgetGuy

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

These days, whenever we go walk into a hypermarket or even a nasi campur stall, we can see QR codes arranged beautifully on the counter for us to pay with our preferred e-wallet. There’s no running away from the way of cashless payment as it is actually very beneficial to us all.

Finance Minister: Government Is Testing An E-Wallet System Named E-Tunai Rakyat - World Of Buzz 1

Source: klgadgetguy

Knowing this, the government has decided to test out an e-wallet system and software with other e-wallet providers like Touch ‘n Go eWallet, Grab, Boost and many more, to explore more ways on how the cashless payment ecosystem can be beneficial for the rakyat. 

Finance Minister: Government Is Testing An E-Wallet System Named E-Tunai Rakyat - World Of Buzz 2

Source: malay mail

According to Finance Minister Lim Guan Eng, as reported by Malay Mail, the new e-wallet system will be called e-Tunai Rakyat. He explained that the system will be in line with the government plan to distribute a one-off RM30 e-credit to Malaysian e-wallet users who are eligible for the initiative. which can be claimed from 1st January to 29th February 2020. He elaborated,

“Khazanah Nasional Bhd will be making an announcement on the participating e-wallet providers and if the allocation is fully claimed and has successfully boosted spending, the ministry will consider increasing the amount.”

So who will be eligible to claim the e-Tunai Rakyat? Well, if you are a Malaysian, age 18 and above in 2020 with an annual income that is lower than RM100,000, then you will be eligible for it. The only thing you need to do is get your identity verified by participating e-wallet providers of your choice.

Finance Minister: Government Is Testing An E-Wallet System Named E-Tunai Rakyat - World Of Buzz 4

Source: lowyat. Net

The e-Tunai Rakyat is part of the government’s plan to motivate the public, small business and retail merchants to start transacting digitally. Are you an e-wallet user and how many times in a week that you pay for your purchases digitally? Share with us your thoughts in the comment section below.

Also read: Waze Now Shows You How Much You Have To Pay For Tolls Nationwide

Finance Minister: Government Is Testing An E-Wallet System Named E-Tunai Rakyat - World Of Buzz

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Lorift Lorift
News11 hours ago

Police Investigate Lorry Driver for Stopping & Sitting on Highway, Causing Traffic Jam

The police are investigating an incident in which a man was seen sitting cross‑legged on a highway, causing traffic congestion...

Sprmft Sprmft
News15 hours ago

MACC Seizes RM9.7 Million in Homes, Land & Luxury Cars Over Alleged Misuse of Investment Funds

The Malaysian Anti-Corruption Commission (MACC) has seized assets valued at approximately RM9.7 million, including six homes, a land lot, and...

Fightft Fightft
News15 hours ago

Chinese Tourist & Operator Go Viral Over Dispute Involving Jet Ski Damage at Langkawi

A disagreement over compensation for damage to two jet skis involving a Chinese tourist and a water sports operator at...

Motorft Motorft
News18 hours ago

“My parents don’t mind, as long as I pay the fine” -Teen Among Riders Caught Racing & Using Modified Bikes

Several teenagers were detained during an integrated enforcement operation targeting illegal street racing and motorcycle modifications on the Duta–Ulu Kelang...

Accidentft Accidentft
News1 day ago

Honda Civic Driver Loses Control While Overtaking, Crashes into EDL Pillar in JB

A man narrowly escaped death when the car he was driving was involved in a collision with another vehicle along...

Abuseft Abuseft
News1 day ago

Man Arrested After Elderly Father Dies from Suspected Abuse, Claims Injuries Were from Falls

A man’s claim that his father had fallen several times at home was exposed as a lie after medical examinations...

Sugarft Sugarft
News2 days ago

PMX Urges M’sians to Cut Sugar Intake, Calls for Healthier Food Options in Hospitals & Govt Premises

Prime Minister Datuk Seri Anwar Ibrahim has urged the public to reduce sugar consumption, noting that Malaysia is among the...

Collage 87 Collage 87
News2 days ago

Ex-Preacher Cries After Rape Conviction Appeal Fails, Seeks Delay of Jail Term as Wife Has Just Given Birth

Celebrity preacher Da’i Syed remains guilty of raping a woman in 2019 after the Shah Alam High Court in Selangor...

Announcement

Latest Videos



TRENDING TODAY