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

Collage 57 Collage 57
News6 hours ago

“No-trading zone” – DBKL Seizes Goods from Illegal Vendors ‘Tainting’ Bangunan Sultan Abdul Samad View

It did not take long for Kuala Lumpur City Hall (DBKL) to take action against the illegal vendors dominating Dataran...

My Post 1 2026 02 18T123135.779 My Post 1 2026 02 18T123135.779
News1 day ago

“Ensuring public safety” – DBKL Clarifies ‘Dakwah’ Stall Closure, Claims NGO Official Never Appeared

Earlier today, we reported that popular Malaysian preacher Firdaus Wong called out Kuala Lumpur City Hall (DBKL) for allegedly closing...

Collage 50 Collage 50
News2 days ago

28yo Drunk Porsche Driver Pleads Not Guilty to Causing Couple’s Death in Pahang, Released on RM10k Bail

A 28-year-old Porsche Cayenne driver pleaded not guilty in court yesterday (16 February) to a charge of driving under the...

Dd Ft 5 Dd Ft 5
News3 days ago

“You are on my radar” – Yang di-Pertuan Agong Warns Corrupt Officers in MACC & Other Govt Agencies

His Majesty the Yang di-Pertuan Agong Sultan Ibrahim has warned that more individuals are now on His Majesty’s “radar” in...

Dd Ft Dd Ft
News3 days ago

PDRM: Up to 7 Years’ Jail, RM10k Fine for Fireworks Other Than ‘Happy Boom’ & ‘Pop-Pop’ This CNY

The Royal Malaysia Police (PDRM) has reminded the public that possessing, selling, buying or setting off firecrackers and fireworks for...

Anwarft 1 Anwarft 1
News4 days ago

“We can go even further!” – PMX Claims Malaysia Has ‘Extraordinary Potential’ if Governance Stays Clean

Malaysia has extraordinary potential to achieve even faster progress if it continues to be governed effectively and with integrity, said...

Feat Image Ringgit Feat Image Ringgit
News4 days ago

Ringgit Has Gained 14% Against USD, So Why Haven’t Prices Gone Down? Finance Minister II Explains

Finance Minister II Datuk Seri Amir Hamzah Azizan has addressed concerns regarding why the prices of goods in Malaysia remain...

Collage 47 Collage 47
News4 days ago

DBKL Raids Multiple Bars on Valentine’s Eve Including in Mont Kiara for Operating Without Licences

Kuala Lumpur City Hall (DBKL) uncovered multiple violations at three bars during an enforcement operation. DBKL conducted the operation on...

Announcement

Latest Videos



TRENDING TODAY