Version: CN
Youths, it’s that time of the year again! The Malaysian government is rolling out the e-Tunai Belia Rahmah initiative in June 2023.
RM400 million was allocated for this initiative, and is said to benefit 2 million Malaysian youths across the nation, according to Malaysian Prime Minister Datuk Seri Anwar Ibrahim.
Those eligible will get to enjoy RM200 credited into their e-Wallet balances to reduce their burden and boost business for physical vendors and shops, alongside encouraging cashless transactions in Malaysia.
1. Are you eligible?
In order to be eligible for the e-Tunai Belia Rahmah, candidates must be:
- Malaysian citizens
- Aged 18-20 years old in the year 2022 (born in 2002 until 2004), OR
- Full-time students (no age limit) in registered institutions
2. Where can you get your RM200?
As of now, the following e-Wallets will be participating in the e-Tunai Belia Rahmah initiative:
- BigPay
- GrabPay
- ShopeePay
- Touch ‘n Go e-Wallet
More participating providers will be announced in the near future.
3. When can you receive your RM200?
The Malaysian Ministry of Finance (MOF) has announced that the initiative will start rolling out in June 2023.
4. Benefits of e-Tunai Belia Rahmah
The e-Tunai Belia Rahmah initiative serves as an avenue to empower Malaysia’s digital economy and encourage the use of e-Wallets. Youths also get to enjoy a faster and more convenient online shopping experience, hence empowering them in the digital era.
This initiative also aims to reduce cash payments and promote contactless transactions.
So youths, have you decided how you’re going to utilize your RM200 e-Wallet?
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