Remember the ePemula programme announced two weeks ago? It's this year's version of the eBelia programme from last year and aims to distribute RM300 million to Malaysian youths. Well, it's time to save that allowance because the programme is starting soon.

Many of you may have heard of it by now, but if you didn't, the government is launching a new programme called e-Pemula. The plan is to distribute a total of RM300 million to Malaysians in the form of e-wallet credits. Of course, there's a stipulation on who gets to benefit from this.

Our government is back with another financial aid with the initiative to encourage cashless spending among youths and full-time students at registered local institutions of higher learning (IPT). Besides that, the Ministry of Finance (MoF) also hopes that it could ease the financial burden of the target group.

Malaysians aged between 18 and 20 years old, will be eligible for an RM50 e-wallet credit in order to promote cashless transactions. While not much is known in regards to which exact platform will be giving out the aforementioned credit, we do know that it will most likely be platforms such as Grab, Touch ‘n Go eWallet, Boost, and potentially more.