Claim your ePemula credit score, obtain an extra RM210 price in vouchers and stand an opportunity to intern at Grab!
PETALING JAYA: GrabPay Malaysia is partnering with the federal government to drive cashless adoption among youths and companies, notably micro, small and medium enterprises (MSME) throughout Malaysia through the ePemula programme.
Starting April 11, ePemula will see the Finance Ministry allocating RM300mil to profit roughly two million youths aged 18 to 20, in addition to full-time tertiary college students.
Each eligible claimant will obtain a one-off RM150 credit score voucher disbursement through their e-wallet of alternative, which can be utilized to make in-store cashless transactions for gadgets corresponding to digital units, books, meals and different each day necessities.
To complement the federal government’s disbursement, GrabPay is topping up the worth of vouchers for claimants. Eligible claimants who declare through GrabPay will obtain an extra RM210 price in money vouchers from GrabPay and its companions, which may also be used for his or her on-line purchasing.
This is well timed as claimants can then leverage the Ramadan and Raya sales and promotions to store for his or her garments, meals and different festive wants.
You can stand up to RM360 price of money vouchers, while you declare for ePemula through GrabPay.
“As a homegrown brand and proponent of the digital economy, we are honoured to participate in the ePemula programme to support youths in Malaysia.
“Since the launch of our GrabPay e-wallet, we have been working with like-minded partners and government agencies to encourage the growth of cashless transactions to provide safer, as well as more transparent and inclusive financial services nationwide.
“Together, we have also helped thousands of MSMEs transition online and to accept cashless payments as a means to overcome the movement control restrictions. As the country transitions to Phase Four of the National Recovery Plan, we hope businesses will be able to recoup their offline sales, whilst still reaping the benefits of the digital economy,” mentioned GrabPay Malaysia head Priyanka Madan.
She added that eligible claimants can maximise their financial savings for each spend with Grab’s different choices. Grab customers already get pleasure from greater than RM300 in financial savings in the event that they at present subscribe to GrabLimitless.
“On top of that, they are also earning GrabRewards for every GrabPay transaction, which can be used to redeem discount vouchers to offset future payments. This means they are not only saving on today’s spending but also tomorrow’s!” she mentioned.
Successful claimants (through GrabPay) may also stand an opportunity to be a part of Grab Malaysia’s internship programme. This means they’ll have the chance to be a part of initiatives that impression tens of millions of Malaysians throughout the nation.
She elaborated, “In addition to nurturing the cashless culture among young people, we want to support the government’s emphasis in STEM education by nurturing agile and digital competent talent.”
According to numerous research, the pandemic has accelerated the adoption of e-wallets throughout Malaysia. A latest Tech for Good Institute report revealed that 67% of Malaysians have digital entry through cell phone subscriptions with 83% of them adopting digital funds through cellular e-wallets.
Since the pandemic, 55% of Malaysians declare they will now survive for greater than per week with none bodily money, in accordance to the Visa Consumer Payment Attitudes Study 2021. This could be attributed to the expansion of cashless fee choices corresponding to QR funds and e-wallets which Malaysians are utilizing for his or her invoice funds, groceries, purchasing at retail and comfort shops, in addition to meals purchases.
This is additional validated by Bank Negara’s latest report which signifies that e-wallet transactions have elevated greater than 70% in 2021, versus 2020.
Prior to ePemula, GrabPay additionally supported different government-led efforts corresponding to ePenjana, SMO and ReDi to digitalise hundreds of small companies and assist them embrace the digital financial system while encouraging shopper spending.
Visit here to discover out how one can declare for ePemula through GrabPay.
ePemula is an initiative by the Malaysian authorities to assist promote cashless transactions among Malaysian youths aged 18 to 20 years outdated, in addition to full-time college college students. For different initiatives benefiting the youth, please go to the Budget 2022 portal.
