INTERACTIVE: Digital duit raya gains ground

Malaysians News

INTERACTIVE: Digital duit raya gains ground
AidilfitriCashless TransfersE-Money

HERNING, Denmark, March 19 (Reuters) - Nottingham Forest fought ⁠back from a first leg deficit to reach the Europa League quarter-finals with a 3-0 penalty ⁠shootout win over Midtjylland after the teams finished 2-2 on aggregate following extra time on Thursday, ‌while Celta Vigo eliminated Olympique Lyonnais with a 3-1 aggregate win.

Five siblings smile after receiving duit raya during Hari Raya Aidilfitri celebrations. — SHAARI CHE MAT/The Star PETALING JAYA: More Malaysians are set to swap traditional green money packet s for cashless transfers this Aidilfitri amid a growing adoption of e-money payments.

Data from Bank Negara shows that the value of e-money transactions during the months of Aidilfitri each year has shot up from RM4.08bil in 2021 to RM19.70bil in 2025. E-money refers to payment tools like mobile e-wallets and prepaid accounts that store and move monetary value electronically. The central bank’s latest payment statistics show that total e-money transactions reached RM272.55bil last year, involving 6.37 billion transactions.Fintech company TnG Digital said users of its eWallet platform are increasingly turning to its “Money Packet” feature to send digital duit raya. The company said total Money Packet transaction value during Hari Raya Aidilfitri in 2025 grew by more than 50% compared with the previous year, while the number of transactions increased by 60%. “We anticipate continued momentum this year, potentially tracking another 60% uplift in usage from 2025,” the company said when asked about its projection for the upcoming Raya season. “Festive periods like Hari Raya Aidilfitri show how deeply digital finance is now embedded in everyday life, including how people connect, give and celebrate,” it said. The company added that digital gifting has become a natural extension of festive traditions as more Malaysians grow familiar with cashless payments and incorporate them into their celebrations. “With the ability to set customised amounts and track claims, users gain greater control and transparency in managing festive giving,” it said. TnG Digital said the e-duit raya activity on the platform typically builds up in the days leading up to Aidilfitri, with a noticeable spike on the eve of Raya. Strong peaks are also recorded throughout the festive weekend, when relatives and friends gather for open houses and house visits. Despite the surge in digital transactions, demand for physical cash remains strong, particularly smaller denominations used for duit raya packets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in MY

Aidilfitri Cashless Transfers E-Money Bank Negara Tng Digital Ewallet Money Packet Digital Duit Raya Festive Traditions

 

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Extortion Investigation Launched in Missing Urns CaseExtortion Investigation Launched in Missing Urns CasePolice are investigating an extortion case involving the theft of 30 urns from a memorial park. A suspect contacted the park management via WhatsApp using a foreign number, demanding ransom for their return. The investigation involves cross-border and digital challenges, with police seeking technical assistance.
Read more »

Tom Holland turns ‘Spider-Man: Brand New Day’ trailer into a global two-second fan hunt (VIDEO)Tom Holland turns ‘Spider-Man: Brand New Day’ trailer into a global two-second fan hunt (VIDEO)LOS ANGELES, March 18 — The countdown to Spider-Man: Brand New Day just got a whole lot more interactive — and very on-brand for your friendly neighbourhood superhero.Ahead of...
Read more »

Thomas Cup Draw: Malaysia Faces Japan, England, and FinlandThomas Cup Draw: Malaysia Faces Japan, England, and FinlandThe Malaysian men's badminton team, led by Leong Jun Hao, will compete in Group B of the Thomas Cup against Japan, England, and Finland. National doubles coaching director Rexy Mainaky expresses satisfaction but emphasizes the importance of focused preparation. The women's team also aims for the Uber Cup quarter-finals, drawn in Group B with Japan, Turkiye, and South Africa. Malaysia's teams are training in preparation for the finals in Denmark.
Read more »

AEON Bank Introduces Integrated Zakat Payments and Removes Minimum Balance RequirementsAEON Bank Introduces Integrated Zakat Payments and Removes Minimum Balance RequirementsAEON Bank expands digital Islamic banking in Malaysia by removing minimum balance requirements and introducing integrated Zakat payments and AI financial tools.
Read more »

Malaysia Badminton Team Drawn Against Japan in Thomas Cup 2026Malaysia Badminton Team Drawn Against Japan in Thomas Cup 2026The Malaysian men's badminton team, preparing for the Thomas and Uber Cup 2026 in Denmark, has been drawn with Japan, England, and Finland in Group B. The team aims to top the group, with Japan posing the biggest challenge. Key Malaysian players include Aaron Chia-Soh Wooi Yik in doubles. The team was visited by the Minister of Youth and Sports, Dr. Mohammed Taufiq Johari.
Read more »

XD UNIVERSE: Malaysia's First Full-Concept K-Pop Experience Space Opens in SS15XD UNIVERSE: Malaysia's First Full-Concept K-Pop Experience Space Opens in SS15XD UNIVERSE, Malaysia's first full-concept K-pop experience space, offers fans a unique offline experience in SS15, Subang Jaya. The store features official albums, merchandise, interactive elements like draw card machines and a photobooth, and a dedicated event space for fan gatherings. Founded by Elina Chang, the store aims to be a central hub for Malaysia's K-pop community.
Read more »



Render Time: 2026-04-29 17:18:25