Prime Minister announces ReDI, an RM2 million initiative to promote use of e-wallets in rural areas

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A few years ago, e-wallets were seen as a novelty. Nowadays, many Malaysians in urban areas use them regularly. They're still not commonly used by those who live in rural areas. But the government wants to push more people in those areas to use cashless payments.

Earlier today, Prime Minister Datuk Seri Ismail Sabri Yaakob announced the Retail Sector Digitalisation Initiative Program (ReDI). This is an initiative that aims to promote the use of cashless payments by consumers and merchants in rural areas. Datuk Seri Ismail Sabri said that the plan is to reduce the gap in the development of Malaysia's digital economy, which is apparent in the retail sector for rural areas due to there being more small traders and hawkers.

As a part of the initiative, the government will distribute RM2 million worth of e-vouchers through the Malaysia Sales Program. It was also confirmed that allocation of the e-vouchers would happen between 30 August to 31 December 2022. These e-vouchers can be loaded in the MySales Tracker app, which was made by KPDNHEP. For more details on ReDI, you can check this short FAQ.

Getting more merchants and traders to support cashless payments should increase the number of e-wallet users in rural areas. But how effective this initiative would be remains to be seen. What do you think? Share your thoughts in the comments section, and stay tuned to TechNave for more news like this.