Towards a cashless society with e-Tunai Rakyat

Finance Minister Lim Guan Eng said the government’s initiative to distribute a one-off RM30 e-credit to eligible Malaysian e-wallet users is one of its efforts to encourage digital payment adoption.

KUALA LUMPUR: The government is gearing up for the country’s evolution towards a cashless society with the rollout of the e-Tunai Rakyat initiative today, which will provide the impetus for the public’s adoption of e-wallet.

Mobile and digital technologies are fast reshaping how consumers purchase globally, and despite Malaysia having a young - and mainly tech-savvy - workforce comprising more than 70% of population, consumers here have yet to fully embrace the digital culture.