The E-Tunai Rakyat
Initiative to encourage Malaysians to go cashless
Posted on January 14, 2020
All information has not been verified by the relevant Ministry/Agency
New Malaysia | New Government Programmes |
Updated on January 14, 2020
What is E-Tunai Rakyat?
Purpose of the Programme
It is an initiative by the Ministry of Finance (MoF) to promote the use of digital payment amongst Malaysian consumers and merchants, particularly among small retail businesses. MoF has allocated RM450 million for the initiative and is expected to benefit up to 15 million Malaysians. Each successful applicant will receive RM30 and must spend the amount by March 14, 2020.
The government hope that through this initiative more merchants, hawkers, retailers and small businesses will be encouraged to use e-wallets (cashless payment) as a mode of payment for the sale of their products and services. The provision of RM450 million in consumer ringgit will benefit vendors who register with the e-wallet providers before March 14,2020.
Who is eligible?
Age 18 and above.
Annual income less than RM100,000.
All vendors can register with the e-wallet provider.
How do you make the claim?
Starting January 15, 2020, all eligible Malaysians can claim the one-off incentive through one of of the three approved e-wallet apps; Grab, Boost and Touch ’n Go.
1. Download one of the of a participating e-wallet partner and they are:-
Touch ’n Go.
2. Provide details of your MyKad
3. Upon successful verification, the RM30 will be credited to your e-wallet account.
Each successful applicant will receive RM30 and must spend the amount by March 14, 2020.
Ministry/Agency: Ministry of Finance
Ministry of Finance Malaysia
No. 5 Persiaran Perdana Presint 2,
Federal Government Administrative Centre,
62592 WP PUTRAJAYA
Tel: 03-8000 8000
Fax: 03-88823893 / 03-88823894
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