eBelia: RM300 Million e-Wallet Credit for 2 Million Youths and Full-Time Students Opens on 1 June 2021

The eBelia programme (“eBelia”), valued at RM300 million and one of the initiatives announced under Budget 2021, will be opened to approximately two (2) million eligible Malaysian youths beginning 1 June 2021. This programme aims to help relieve their financial burden as well as promote cashless spending amongst Malaysian youths and full time Malaysian students at registered local institutions of higher learning (“IHL”).

Under Budget 2021, a total of RM200 million was allocated to provide RM100 ewallet credit to each eligible youth. The government enhanced this initiative with an additional allocation of RM100 million under the PEMERKASA program announced last March, which brings the total allocation for eBelia to RM300 million. With this additional allocation, each eligible recipient can claim RM150 of e-wallet credit, compared to the original amount of RM100.

The eBelia programme will be offered through four (4) e-wallet service providers, namely BigPay, Boost, ShopeePay and Touch ‘n Go eWallet, which have a combined active user base of 30 million¹ , and a network of more than 1 million merchants² , both online and offline. Each eligible applicant can claim RM150 in the form of e-wallet credit from one of the participating e-wallets, which will be topped up with additional incentives in the form of cash back, vouchers, reward points or coins by the chosen e-wallet throughout the campaign period.

The eBelia initiative is open to Malaysian citizens who:

1. Have attained the age of 18 to 20 years old in 2021 (born in year 2001 to 2003); or
2. Are full-time students enrolled in courses equivalent to diploma or SKM4 and above at public and private registered IHL.

Eligible youths’ data will be cross checked with registered IHLs and other relevant Government databases.

The claim period for the eBelia credit is from 1 June 2021 to 22 July 2021 and the credit can be spent until 31 July 2021. Eligible recipients are encouraged to update their e-wallet accounts or download the e-wallet apps before 1 June 2021.

This programme is a collaboration between the Ministry of Finance, Ministry of Higher Education, Ministry of Youth and Sports, Ministry of Education, Ministry of Agriculture and Food Industry, Ministry of Rural Development, Ministry of Human Resources as well as the Department of Islamic Development Malaysia.

For more information on the programme, please visit: http://belanjawan2021.treasury.gov.my/manfaat/index.php/bm/ebelia

Ministry of Finance, Malaysia
Putrajaya
17 May 2021

¹ Each user may be registered to more than one e-wallet provider

² Each merchant may be registered to more than one e-wallet provide