KUALA LUMPUR – Eligible Malaysians can redeem the RM100 eMADANI credit score from 8am at this time till 11.59pm on Feb 20 subsequent 12 months.
The Ministry of Finance (MOF), in a submit on Fb, stated the general public can examine their eligibility on the official portal at https://manfaat.mof.gov.my/individu/eMADANI.
It stated the general public can use the RM100 eMADANI credit score for bodily transactions at 1.8 million retailers or companies by way of their chosen e-wallet or the DuitNow QR code.
Based on the Ceaselessly Requested Questions (FAQ) part on the web site, the e-credit, which is anticipated to profit over 10 million Malaysians, can be utilized for in-store purchases via sure e-wallet suppliers, together with MAE, Setel, ShopeePay and Contact ‘n Go eWallet.
To be eligible for the eMADANI programme, candidates should be Malaysian residents aged 21 years or older this 12 months.
As well as, the applicant should be a recipient of the Rahmah Money Support (STR) based mostly on information as of Nov 7, or earn an annual revenue of RM100,000 and beneath based mostly on Inland Income Board (IRB) information as of July 15.
The applicant will even want to finish an digital identification verification (eKYC) with their chosen e-wallet supplier earlier than they’ll apply for an eMADANI credit score.
As soon as claimed, recipients should utilise the credit score earlier than 11.59 pm on Feb 29, 2024, after which any unused eMADANI credit score will mechanically expire.
As a part of the programme to advertise cashless transactions and ease individuals’s monetary burden, recipients can even take pleasure in extra incentives akin to vouchers, cashback, reductions, reward factors, and ‘cash’ from e-wallet suppliers.
In the meantime, checks on the e-wallet suppliers’ web sites and purposes discovered that the incentives supplied embody 1,000 GoRewards factors in addition to vouchers price over RM500 for grocery objects, meals and drinks, invoice funds and transport by way of Contact ‘n Go eWallet.
Setel additionally provides cashback of as much as RM80, e-vouchers from varied manufacturers and Mesra factors for chosen transactions. ShopeePay provides vouchers price as much as RM600 on purchases, together with advantages for ShopeeFood, SPayLater and automotive insurance coverage. – BERNAMA / graphic MZukri