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.
“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.