The Government Will Block Accounts And Deprive Credit Rights For eMADANI Beneficiaries Who Make Cash Or P2P Redemptions

 The Ministry of Finance has now issued a warning, stating that they will take strict action, including blocking the accounts involved and depriving eMADANI recipients of their credit rights – if there are reports of any cases involving peer-to-peer transfers (P2P) or cash redemptions.

In addition, the Ministry of Finance also asked the public to be careful and alert with this cash redemption offer or P2P transfer, as well as to avoid becoming a victim of scam fraud.

Through the eMADANI credit offered starting today, the government focuses on the offer for physical purchases through four digital wallets, namely MAE, Setel, ShopeePay and also TNG eWallet.