RM150 e-wallet credit for two million Malaysians aged between 18 and 20

PETALING JAYA: The government’s RM300mil eBelia programme, announced in Budget 2021, will be opened to about two million eligible young Malaysians from June 1.

In a statement yesterday, the Finance Ministry said the eBelia programme would be offered through four e-wallet service providers, namely BigPay, Boost, ShopeePay and Touch ’n Go eWallet.

“Each eligible applicant can claim RM150 in the form of e-wallet credit from one of the participating e-wallets, which will be topped up with additional incentives in the form of cash back, vouchers, reward points or coins by the chosen e-wallet throughout the campaign period.

“The eBelia initiative is open to Malaysian citizens who are between 18 and 20 years old in 2021, or full-time students enrolled in courses equivalent to diploma and above at public and private registered institutions of higher learning (IHLs), ” it added.

The ministry said eligible youths’ data would be cross-checked with registered IHLs and other relevant government databases.

“The claim period for the eBelia credit is from June 1 to July 22,2021, and the credit can be spent until July 31,2021.

“Eligible recipients are encouraged to update their e-wallet accounts or download the e-wallet apps before June 1,2021, ” it said.

The eBelia programme aims to promote cashless spending and relieve the financial burden of Malaysian youths and full-time Malaysian students at registered local IHLs.

Under Budget 2021, a total of RM200mil was allocated to provide RM100 e-wallet credit to each eligible youth.

The government enhanced this initiative with an additional allocation of RM100mil under the Pemerkasa programme announced last March, which brought the total allocation for eBelia to RM300mil.