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Monday, December 4, 2023

Govt warns public of scammers using eMadani credit transfer

 


The Finance Ministry has advised the public to be cautious of offers from irresponsible parties providing cash-out or peer-to-peer transfers of eMadani credit.

This is to prevent eMadani beneficiaries from falling prey to scammers and consequently losing their RM100 e-wallet credit from the government programme.

“The ministry will not be responsible for any loss of eMadani credit arising from peer-to-peer transfers or cash-out transactions.

“Should there be any reports of cases involving peer-to-peer transfers and cash-outs, the government will take stern action against the offenders by blocking their accounts and forfeiting the e-credit,” it said in a statement today.

The eMadani initiative, which is providing an RM100 e-wallet top-up for adults earning less than RM100,000 per year, has the objectives of stimulating the digital economy and fostering a cashless culture.

The ministry reminded the public that the eMadani credit cannot be used for certain transactions, which include peer-to-peer transfers and cash-outs.

“It may be used only for physical purchases via the participating e-wallets, namely MAE, Setel, ShopeePay, and Touch ‘n Go eWallet, or via DuitNow QR code, at 1.8 million retailers and businesses nationwide,” the ministry said.

Registration for the eMadani programme opens today until Feb 20 next year and will benefit 10 million eligible adult Malaysians, covering the B40 and M40 categories.

Meanwhile, Maybank reported that there was a high volume of applications to claim the credit, which has caused a temporary disruption to its MAE app.

For more information on the eMadani programme, visit their website here. - Mkini

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