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Home Fintech E-Wallet

Eligible Youths Can Finally Claim eBelia RM150 E-Wallet Credit This June

by Sebastian Loh
May 18, 2021
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The Ministry of Finance said that roughly two million Malaysian youths and full-time students can claim RM150 in e-wallet credit under the government’s eBelia programme starting next month.

Originally announced during the tabling of Belanjawan 2021 last year, the credit can be claimed from 1 June to 22 July 2021, and can be spent until 31 July 2021, the ministry said. Accordingly, eligible recipients are advised to update their e-wallet accounts or download the relevant e-wallet apps before 1 June.

Four e-wallet service providers are involved in the programme: BigPay, Boost, ShopeePay and Touch ‘n Go e-wallet. User eligibility for the credit will be cross-checked with registered institutions of higher learning and other relevant government databases.

The original announcement involves RM 50 credit instead of RM 150.

“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 cashback, vouchers, reward points or coins by the chosen e-wallet throughout the campaign period,” the ministry said.

The eBelia programme is designed to give financial aid to young people and full-time students at local institutions of higher learning while promoting cashless spending among them. It’s open to citizens aged between 18 and 20, and full-time students enrolled in courses equivalent to a diploma or SKM4 and above at public and private registered institutions of higher learning.

(Source: Bernama, Ministry of Finance.)

RELATED:  Ministry Of Finance Says It’s Working To Bring Down Price Of Imported Goods Over Strong Ringgit
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Updated 4:17 pm, Tue, 25 May 21
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