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Nearly 5,000 traders registered under Malaysian e-wallet initiative

ALOR SETAR (BERNAMA) – A total of 4,898 traders have registered under the e-wallet payment method through the Retail Sector Digitization Initiative (ReDI) nationwide from January to September 30, this year.

Deputy Domestic Trade and Cost of Living (KPDN) Minister Fuziah Salleh said the programme which was launched in 2021 is aimed at encouraging the use of digitalisation among traders and consumers in Malaysia.

“The programme is in line with the initiative under the 12th Malaysia Plan (12MP) and Malaysia Digital Economy Blueprint (MyDigital) which is targeted at creating an inclusive and competitive digital society,” she said in a KPDN statement issued on Sunday.

“Since the programme began in 2021, it has successfully registered a total of 13,377 traders nationwide.”

According to her, the increase in the number of participants was a positive sign that Malaysians were ready to accept the change from traditional payment methods to electronic payment methods which proved to be more efficient and systematic.

Girl pays by scanning QR code in her smartphone application. PHOTO: ENVATO