"The Government wants to encourage digital payments because we feel it is important for Malaysia to become a cashless society one day, we do all our payments online or on mobile phones.
Lim said there were about eight million digital payment subscribers before the initiative kicked off on Wednesday . However, he said the Government would not push ahead too quickly to become cashless but would take into consideration the needs of the rural population. Under the e-Tunai Rakyat initiative, Malaysians aged 18 and above who earn less than RM100,000 annually will be eligible to receive RM30 each through any of three participating e-wallets – Touch 'n Go eWallet, Boost and GrabPay.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: