[This is a sponsored article with BigPay.]
Personally, I find it intimidating the number of e-wallets we have at our disposal in Malaysia. You may feel the same way, even more so if you’ve never used one.
Whenever the government tries to increase the adoption of digital payments by offering incentives to Malaysians, it leads us to the millennial question, “Which e-wallet should I choose?”
This time, it’s called the initiative eBelia, and is eligible if:
- Citizen of Malaysia between 18 and 20 years old in 2021 (born between 2001 and 2003), O
- A full-time Diploma level student, SKM4 or higher, at a registered local higher education institution.
If you belong to either category, you can claim RM150 with BigPay from June 1 to July 22. Why BigPay in particular? Well, let’s leave it to you.
1. Comes with a free physical card (and soon also a virtual one)
Signing up for a BigPay account automatically grants you a physical blue card. In short, you don’t need to look for a QR code or a specific partner merchant to pay. This gives you a lot more freedom than any other e-wallet.
Whether online or offline, your BigPay card works just like a debit card. Just recharge it. Therefore, if you are a student or between the ages of 18 and 20, you can use your eBelia RM150 credit to:
- Ask for food at McDonald’s or KFC
- Buy clothes from H&M or ZALORA
- Take a place to hang out with your friends
- Buy a grocery purchase for a week
We mentioned accessibility using the BigPay card and the proof lies in the fact that it can be used in only 800,000 locations in Malaysia, both online and offline, without being restricted to specific merchants.
If a store doesn’t take electronic wallets or the particular BigPay electronic wallet, that’s no problem. As long as Visa or Mastercard is accepted, so would the BigPay card. We’ve been told that it will soon launch BigPay virtual cards for its users. You will basically have two numbers: one for your physical card and one for your virtual card. This is great for keeping your online transactions secure and also means you can start using your BigPay account without having to wait for the card to arrive in the mail.
2. Provides an additional layer of security
Even after the eBelia initiative, you can continue to use the card for your purchases.
It’s good to note that the BigPay app includes an extra layer of security that most other banks don’t have. If you have lost your card, you can freeze it and replace it. With a traditional debit or credit card, you’ll spend time on your phone trying to cancel a lost card, although it can increase your spending.
3. It has money tracking features
Many undergraduate and graduate students have just started with personal expense management; those who are still studying may not earn much, if at all. As a frequent BigPay user, you could also remove other budget apps that take up space on your phone, as your e-wallet has built-in monitoring and analysis characteristics.
Your expenses are sorted to make it easier to view, so you can see your money at a glance, whether in health and beauty products, food and beverages, and more. Analyzes help you identify your spending trends and allow you to maintain stronger control over your money.
4. There is a bonus of RM20 if you are new to the app
To give an extra welcome to first time users of the app, BigPay adds a RM20 bonus upon signing up. This applies to everyone, regardless of whether they meet the requirements for the eBelia initiative.
If you are a new user, you can claim RM20 using the promo code PCEBELIABP when registering.
5. There will be more promotions and offers on June 1st
For now, BigPay causes the fact that there are many more offers that will come to you once you arrive on June 1 and you can claim your eBelia credit.
We will update this piece with details once it has been announced, so please review it after June 1st.
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Claiming your RM150 is easy. On June 1, all you have to do is:
- Download the BigPay app on your phone (available on iOS and Android),
- Sign up for a BigPay account or sign in if you’re already a user,
- Go to the “Payments” tab and tap the “eBelia” tab.
- Click “Apply Now” and you will be redirected to the eBelia program website,
- Enter the requested details.
While eBelia RM150 credit can be used for many purchases, keep in mind that there are certain transactions to which it does not apply. This includes:
- Peer transfers or collections
- Utility bills or government-related fees / payments
- Telco postpaid bill payments / prepaid top-ups
- Game shopping
- Overseas traders
- Electronic wallet refills (ShopeePay, GrabPay, etc.)
- You can learn more about eBelia through BigPay here.
