Youths key in digitalisation push


PUTRAJAYA: The extensive use of e-wallet, particularly among youths, should encourage businesses to adopt cashless payment, says Prime Minister Tan Sri Muhyiddin Yassin.

He said changes caused by the Covid-19 pandemic had accelerated the shift towards digitalisation and automation in daily activities where almost everything was done online, be it virtual interaction, meetings, seminars, education, lectures, banking and even shopping.

“Malaysia has the highest number of digital natives according to the United Nations’ International Telecommunication Union and as digital natives, youths play an important role to spur and ensure the country’s digitalisation initiatives are successful.

“By giving youths financial assistance via e-wallet, it will encourage businesses to go cashless to meet high usage.

“I believe youths can lead the way in exploring cashless shopping and this in turn will encourage businesses to adopt this payment method to draw customers to shop with them, ” he said during the virtual launch of the eBelia initiative yesterday.

The programme, where e-wallet credit is given to youths, has been increased to RM150 and will benefit some two million Malaysians aged between 18 and 20, and full-time students.

E-wallet providers involved in the programme are BigPay, Boost, ShopeePay and Touch ‘n Go e-Wallet. The initiative can be claimed from now until July 22 and be used until July 31.

Muhyiddin also hoped that through the e-wallet credit programme for youths, they would support local entrepreneurs in return.

“To youths, please take this opportunity to support our local entrepreneurs, who are mainly youths as well, ” he said.

He said the government had also adopted digitalisation of its services, including going cashless for payments so that the public no longer need to queue at counters.

He said about 60% of the government’s collection last year was done via e-payment and it had set a target for cashless transactions for all government services by 2022.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said youths would continue to be given importance in drawing up Budget 2022, adding that engagements would be carried out with the group to hear their views, aspirations and to identify their needs and concerns.

He observed that e-wallet had gained traction among Malaysians, citing that the e-Penjana programme saw the registration of four million new e-wallet users and more than 36,000 businesses had registered to provide cashless service.

“We hope this will continue to gain momentum, especially through the eBelia programme so that there will be a continuity in the government’s efforts to shift towards financial digitalisation, ” he said.

Youth and Sports Minister Datuk Seri Reezal Merican Naina Merican thanked the Prime Minister and the Finance Ministry for accommodating youths’ requests.

“The eBelia initiative is another effort to encourage cashless payment culture among the public, including youths. To the youths, spend wisely, ” he said.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Nation

VK Lingam fails in appeal to set aside decision striking him off advocates and solicitors rolls
Maszlee jokes binoculars essential in Parliament after first day of special sitting
Don't treat contract doctors like disposable PPEs, says Dr Dzul
HTAR Klang contract doctors to give written explanation for strike participation
Ku Li submits application to move seat away from Govt side of Parliament
Sarawak to wait and see before calling elections, says CM
Sarawak polls not imminent, says GPS lawmaker
Teo: What happens to CAC and home surveillance orders after Emergency revocation
Dr Adham: Genome sequencing to be boosted starting August
Labuan first in country to achieve herd immunity against Covid-19

Stories You'll Enjoy


Vouchers