[UPDATED] The 4 eWallets that can be used with eMadani are now listed below.
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Prime Minister Datuk Seri Anwar Ibrahim announced that the one-off RM 100 e-credit that was announced earlier this year can be redeemed from 4 December this year until 20 February next year. The redemption will involve over 10 million adults over 21 years of age with a total budget of RM 1 billion.
What is eMadani?
eMadani is the new government initiative that sees all Malaysian citizens aged 21 and above with an annual salary of RM100,000 and below receiving RM100 in eWallet credit from the government.
The announcement was made at Dewan Negara as the Parliament completed its debate on the 2024 budget bill, which was approved by most of the MPs. Budget 2024, themed “Economic Reforms, Empowering the Rakyat”, was tabled by Prime Minister Datuk Seri Anwar Ibrahim in Parliament on Oct 13 involving an allocation of RM393.8 billion.
“The registration and redemption of the e-Madani credit will open from Monday, 4 December 2023 until 20 February 2024, involving four ewallet providers chosen by the users,” said the Prime Minister.
Which eWallet can be used to redeem the RM 100 eMadani credit?
As of press time, the four ewallet providers have yet to be announced by the PM or the PMO, so we will have to wait until or by 4 December to see which e-wallet provider can be used with the eMadani program. The four eWallets are users can use to redeem the RM100 credit are:
- MAE
- Setel
- Shopee Pay
- Touch ‘n Go eWallet
[ UPDATE 01:00 4/12/2023 ] Here’s how to redeem your RM100 eMadani credit.
What can you use the RM100 eMadani credit for?
According to the press release from the Minister of Finance, the credit will only able to be used for physical purchases only. So no online transfers, online shopping and so on – only physical purchases can be done with the credit.
Who can redeem the RM 100 eMadani credit?
The credit is aimed at those who are aged above 21 years old and have an annual salary of less than RM 100,000 (or less than RM8,333 a month). The program builds upon the previously launched eBeliaRahmah program where youths aged 18 to 20 can redeem RM 200 credit via three ewallet providers – Boost, Setel and Touch ‘n Go.
Those who has previously redeemed eBeliaRahmah are not eligible to redeem for the eMadani credit.
You can check out the official eMadani FAQ here.
