Finance minister assures public eWallet push not meant to ferret out private data | Malay Mail

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Finance minister assures public eWallet push not meant to ferret out private data

Friday, 17 Jan 2020 12:15 PM MYTFinance Minister Lim Guan Eng speaks during a press conference in Putrajaya January 17, 2020. — Picture by Choo Choy May

The minister pointed out that such information was already available to the government via Malaysians’ records with the National Registration Department. The minister was also asked if the selection of three vendors by E-Tunai’s facilitator and government sovereign wealth fund Khazanah Nasional Berhad to support the initiative would eventually result in an oligopoly of sorts.

“In order for this to succeed, there must be a sufficient number of merchants and subscribers. On our part, the ministry only makes policy announcements and leaves it to Khazanah to implement the details,” he said.The government is spending RM450 million to provide RM30 in eWallet funds to all Malaysians earning below RM100,000 annually.

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Finance minister: RM10m spent on first day of e-tunai Rakyat initiative | Malay MailPETALING JAYA, Jan 16 ― Over RM10 million was spent on the first day of the e-tunai Rakyat initiative, says Finance Minister Lim Guan Eng. “As at 10pm last night, all three service providers of the e-tunai Rakyat initiative namely Boost, GrabPay and Touch 'n Go eWallet approved 320,000 out of...
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