Malaysia

Public, farmers’ market vendors must use e-wallets to renew licence

Deputy domestic trade minister says the condition will be imposed on traders soon

Updated 5 years ago · Published on 06 Apr 2021 11:20PM

Public, farmers’ market vendors must use e-wallets to renew licence
Phase 1 of the government’s retail digitalisation effort will involve Putrajaya, before going national in May. – Bernama pic, April 6, 2021

PUTRAJAYA – The use of e-wallets will become one of the requirements for the renewal of licences by traders at farmers’ markets and public markets here soon, said Deputy Domestic Trade and Consumer Affairs Minister Datuk Rosol Wahid.

The condition would be imposed in the near future to encourage traders to switch to digitalisation, he said.

According to him, this is part of the Retail Digitalisation Initiative (ReDI) framework being implemented in two phases, with the first phase involving Putrajaya and the second phase going nationwide in May.

ReDI is a collaboration between the ministry and several government and private agencies, including Maybank and Touch ’n Go. 

At a press conference after launching ReDI at the Pasar Tani Precinct 2 here today, Rosol said the ministry’s survey found that the level of e-wallet acceptance among traders at farmers’ markets and public markets had reached 50% in Putrajaya.

“We believe with the ‘onboarding’ efforts, Putrajaya will reach more than 90% by the end of this year,” he said.

Rosol said the ministry was targeting 12,844 traders at 306 farmers’ markets and public markets nationwide to use the e-wallet facility, in line with the new digitalisation era in business.

He welcomed strategic cooperation between the ministry, the Federal Agricultural Marketing Authority and local authorities to help realise this objective.

“This year’s target is to ensure 100 farmers’ markets and public markets provide e-wallet facilities,” he added. – Bernama, April 6, 2021

Related News

Malaysia / 1d

Malaysia’s baby bust: A silent crisis threatening the nation’s future prosperity

Malaysia / 4d

Malaysia tightens border security: Crackdown hits Thai workers hard along northern frontier

Malaysia / 6d

Malaysia’s K-shaped economy: Growth without shared prosperity?

World / 2w

Bangkok floods: The real pain starts when waters recede

Malaysia / 2w

Malaysians expected to live longer, women to outlive men

Sports & Fitness / 3w

Asian Games: Eain Yow defends gold, contributes nation's fifth medal

Spotlight

Malaysia

Papagomo acquitted for second time in sedition case over government, Israel claims

Malaysia

ECRL fares start at RM60, with 50% discounts for children, seniors and OKU

Malaysia

DKU seeks court action against Ismail, 16 others over Negeri Sembilan royal dispute

By Alfian Z.M. Tahir

Malaysia

Kampung Manis: Dreams of 227 families to own replacement homes draw closer

Malaysia

Fadhlina takes legal action over video of 2023 Parliament speech

By Alfian Z.M. Tahir

Malaysia

Civil servants urged to turn Selangor Sultan’s anti-graft message into action

Malaysia

Animal welfare group urges probe into alleged sexual abuse of cat in viral video

Malaysia

Macron appeals for calm after France riots: 2,400 arrested, nearly 1,000 officers injured

Malaysia

Malaysia renews offer to help Indonesia fight fires

You may be interested

Malaysia

Warning: MOF debunks viral poster claiming QR payment charges start on Nov 1

Malaysia

Property agent loses over RM79k after being scammed twice

Malaysia

Kampung Manis: Dreams of 227 families to own replacement homes draw closer

Malaysia

Five states reopen schools as haze forces exam delays and outdoor curbs

Malaysia

Thousands surrender medical policies as Malaysia prepares affordable MediAsas cover

Malaysia

Suspicion over fake accounts defending Ismail after royal rebuke

By Alfian Z.M. Tahir

Malaysia

Fadhlina takes legal action over video of 2023 Parliament speech

By Alfian Z.M. Tahir

Malaysia

Anwar: Malaysia still owes RM8.9b in 1MDB liabilities