Starting today, eligible Malaysians can begin claiming their free RM30 e-wallet credit as part of the government’s e-Tunai Rakyat initiative.
Announced in October 2019 during Budget 2020, the e-Tunai Rakyat initiative is designed to encourage Malaysians to use e-wallets and drive the nation towards a cashless society. A RM30 credit will be given to Malaysians who fulfil the following criteria:
- Aged 18 years and above as of 31 December 2020
- Earned less than RM100,000 in the year 2018 (RM8,333 per month)
Eligible Malaysians can claim their RM30 e-wallet credit from one of the three e-wallets selected for this initiative: Boost, Grab, and Touch ‘n Go eWallet. Malaysians can only select one e-wallet to claim from – once you’ve claimed from one e-wallet, you won’t be able to claim from another.
To claim the e-wallet credit, you’ll just need to go to your chosen e-wallet app, and a pop-up will appear where you can begin the verification process. For all three e-wallets, the verification process will be done within the app, and follows the standard eKYC (electronic Know Your Customer) verification process, which is:
- Snap and upload a photo of your MyKad on the e-wallet app
- Capture a quick video selfie (a more secure verification process compared to a photo selfie)
- Eligibility check (conducted within the app)
- Confirmation of e-wallet credit (process complete!)
Remember, the RM30 e-wallet credit can be claimed starting today, and not only for today. You can claim anytime from today until 14 March 2020, but note that any unused credit cannot be used after that date.
Just like an election, all three e-wallets are going all out for Malaysians to select their e-wallet to claim the credit from. Boost, Grab, and TNG eWallet are offering all kinds of additional perks, which you can read all about here. In the meantime, here’s everything else you need to know about the e-Tunai Rakyat initiative.