KUALA LUMPUR: The government has allocated RM1 billion for the eMADANI programme which will benefit up to 10 million Malaysian citizens, said the Ministry of Finance (MoF).
In a statement, the ministry said the recipients will get a one-off e-cash credit of RM100 via this programme.
Prime Minister Datuk Seri Anwar Ibrahim said the government hoped the eMADANI contribution would help ease the people’s financial burden during the school holidays and towards year-end, besides inculcating a culture of cashless payment.
"The implementation of the eMADANI programme beginning next Monday is in line with the government’s commitment to expedite the execution of measures to support the national digital economy agenda and provide assistance directly to the people,” said Anwar who is also the Finance Minister.
The eMADANI programme was announced during the launch of the MADANI Economy: Empowering the People framework on July 27, 2023.
According to the statement, the eMADANI programme for eligible adults encompassing the B40 and M40 categories will be opened on Dec 4, 2023.
The eMADANI registration and claims will start from 8.00 am on Dec 4, 2023 until Feb 20, 2024, through the e-wallet service providers selected by the users.
The four e-wallet service providers participating in this programme are MAE, Setel, ShopeePay, and Touch ‘n Go eWallet.
Meanwhile, the eMADANI credit and the matching benefits provided by the participating e-wallet service providers can be only utilised for offline transactions until Feb 29, 2024.
The MoF said the eMADANI credit can also be beneficial for retailers and traders who accept DuitNow QR code payment by using any e-wallet service providers involved in this programme, subject to the transactions allowed.
Besides the RM100 e-cash credit from the government, the e-wallet service providers will also offer additional incentives in the form of vouchers, cashback, discounts or reward points throughout the programme.
The eligibility criteria for the programme are: Malaysian citizens aged 21 years and above as at Jan 1, 2023; and recipients of Sumbangan Tunai Rahmah based on record as at Nov 7, 2023; or earning an annual income of RM100,000 and below based on the Inland Revenue Board’s record as at July 15, 2023. - Bernama