In his latest live telecast to the nation in conjunction with the announcement of a short-term economic recovery plan, Prime Minister Tan Sri Muhyiddin Yassin has announced that the government will be crediting RM50 to the e-wallets of all Malaysians to encourage the use of contactless payments.
This initiative, known as E-PENJANA, will cost the government RM735 million.
The RM50 eWallet credit comes with matching cashbacks and discount vouchers amounting to RM50 for physical purchases.
Malaysians aged 18 and above will be able to redeem this benefit, so long as they record an income of less than RM100,000 annually. This benefit will only apply to physical transactions, and not e-commerce transactions.
For now, this benefit will only be redeemable through Grab, Boost, and Touch’n Go.
