Loke: Forget cash, e-wallet is safer

  • Nation
  • Sunday, 12 Jan 2020

Keeping up with the times: (From left) Loke, Ong and Tow Kee Hakka Mee proprietor known as Uncle Yee (right) with the Touch ‘n Go QR code at the stall.

SEREMBAN: For years, the Tow Kee Hakka Mee stall at Pasar Besar here has served one of the best Hakka mee in the city.

But while its taste has not changed, it will soon go cashless and start accepting payments through e-wallet.

It has joined a growing list of traders at the market to offer a cashless system of payment just days before the government officially launches a national e-wallet initiative.

Transport Minister Anthony Loke Siew Fook said Malaysians should start using the e-wallet as it was more convenient and safe.

“I am told that 51 traders at the pasar here have registered with the Touch ‘n Go eWallet this past one week. I am happy that they have accepted the system as it also saves them time, ” he told reporters at the wet market here yesterday.

Besides Touch ‘n Go, the government has also selected Boost and GrabPay to participate in its RM450mil e-Tunai Rakyat initiative that will be launched on Wednesday.

Under the initiative, Malaysians aged 18 years and above and earning less than RM100,000 annually will be eligible to receive RM30 through any of the participating e-wallets.

The RM30 can then be used to purchase goods and services available on the e-wallet of their choice. The initiative will run for two months from Jan 15 to March 14.

The government, said Loke, was prepared to give a RM30 rebate since it was serious in promoting the cashless agenda.

“As the Seremban MP, I will also push for this and the best place to start is at the

pasar. We do not want people to have the misconception that e-wallet is only for big corporations but it is actually for all of us, ” he said.

Loke said eWallet was already widely used in several countries such as China and Singapore, adding that more people were using this for much of their daily expenses, including cab fare.

The public, he said, needed to know that the e-wallet system was safe with plenty of security features.

Users, he added, would also be able to see all the transactions they had carried out on their mobile phone.

“Whether we like it or not, going cashless is now the trend and using cash will soon become outdated, ” he said.

Touch ‘n Go Digital CEO Ignatius Ong, who was also present, said the move by the company to register the traders at Pasar Besar marked the beginning of a longer-term strategy for Touch ‘n Go eWallet in the state.

“Touch ‘n Go eWallet users can now enjoy a hassle-free payment experience at these local joints by simply scanning the QR code displayed by the merchants and enjoy their purchases immediately, ” he said.

Users can, among others, opt for the cashless system on more than 20 highways nationwide, he added.

Article type: free
User access status:

Loke , cash , e-wallet ,


Did you find this article insightful?


Across The Star Online