Finance Ministry and TNG urge e-Tunai Belia Rahmah recipients to be wary of cash out offers


According to the Finance Ministry, the e-Tunai Belia Rahmah credit can be used for physical transactions at over 1.7 million business outlets nationwide. — FAIHAN GHANI/The Star

PETALING JAYA: The Finance Ministry and Touch ‘n Go issued reminders urging e-Tunai Belia Rahmah recipients to be wary of users offering "cash-out" services.

The Finance Ministry tweeted: Tidak semua yang berkilau itu indah. Sila ambil langkah waspada dan berjaga-jaga jika anda menerima sebarang tawaran penebusan tunai (Not everything that glitters is beautiful. Please be cautious and wary if you receive any cash redemption offers).

Previously, the ministry said that transferring out the e-Tunai Belia Rahmah credit for cash redemption or withdrawal is not allowed, and action can be taken against those who abuse the ewallet privilege.

In a post on Facebook on June 27, Touch ‘n Go eWallet also urged e-Tunai Belia Rahmah to not be fooled by irresponsible parties claiming they can cash out the credit for them.

The matter has also caught the attention of former Religious Affairs Mufti Minister Dr Zulkifli Mohamad Al-Bakri, who said in a blog post that it’s not permissible as it clearly violates the terms and conditions of e-Tunai Belia Rahmah laid out by the Finance Ministry.

On platforms like Twitter, a number of users are offering to transfer e-Tunai Belia Rahmah credit from recipients’ ewallets to their bank accounts, with most charging a fee of RM1 to RM3 per transaction.

According to the Finance Ministry, the e-Tunai Belia Rahmah credit can be used for physical transactions at over 1.7 million business outlets nationwide.

Apart from TNG eWallet, eligible recipients can redeem the credit through the Boost and Setel apps from now until Aug 22.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read