The Government’s ePenjana initiative officially gets underway today, with the three leading e-wallet providers in the country handpicked to distribute the free MYR50 e-wallet credit to eligible Malaysians. The redemption period starts today, 31 July 2020 and continues until 24 September 2020. Here is how to redeem your free credit from Boost.
The Ministry of Finance (MOF) has released redemption details of its ePenjana initiative. Eligible Malaysians can redeem free MYR50 e-wallet credit via supported e-wallet providers starting tomorrow, 31 July 2020.
One of Malaysia’s leading e-wallets, Boost, has partnered Prudential Assurance Malaysia Berhad (PAMB) to provide Malaysians peace of mind in light of the COVID-19 pandemic outbreak. Prudential is offering free Prudential Life Insurance with special novel coronavirus COVID-19 coverage, exclusive to Boost users. Boost is the first, and only e-wallet provider in the country to offer health-related services and assistance during the coronavirus outbreak.
Today marks the kick-off of the e-Tunai Rakyat programme where qualified Malaysians will get a MYR30 credit to their favourite e-wallet accounts. The three leading e-wallet players Touch ‘n Go eWallet, Grab and Boost are incentivising users further with additional perks. For your benefit, here’s a comparison of the perks being offered by the respective e-wallet providers.
The government’s e-Tunai Rakyat programme will officially start tomorrow, 15 January and run until 14 March 2020. Tabled as part of Budget 2020, the key objective of this programme is to spur the growth of e-wallets and the digital economy in the country. Three leading e-wallets—Touch ‘n Go eWallet, Grab and Boost have been selected to participate and facilitate the initiative.
Malaysia’s top Hearthstone player, Dr Yew Weng Kean aka WKYew has won the country’s inaugural e-sports Gold medal at SEA Games 2019 held in the Philippines. He upset favourite Werit “Disdai” Popan from Thailand with a score of 3-1.
The local digital payment universe is growing, buoyed by the rapid expansion of e-wallet and e-money players; and the growing acceptance by Malaysian consumers. To be a truly cashless society, two things need to happen: mass adoption of digital payment amongst consumers; and a rich ecosystem of merchants and touch points.