The growth of Digital Economy is indisputably directly proportional to the growth of the overall economy of the country

‘MSME Digital Grant‘ – seems to serve as one of the best strategies to improve the digital economy of Malaysia, under Madani Economy: Rakyat Empowerment Framework, launched on 27 July 2023 by the Prime Minister, Datuk Seri Anwar Ibrahim.

Malaysian PM

What is MSME Digital Grant?

Malaysian Government has decided to grant up RM5000 for businesses, from Micro to Medium, to invest in digital tools to accelerate operations and grow exponentially, which will in turn contribute to the growth of the country’s economy.

Yes, you read it right! If you are a micro, small or medium business, you can avail upto RM5000 to invest in digital tools for your business growth. Please note that the grant is subject to the limitations stated below.

  1. Your SME or Cooperatives (Coop) is registered under the relevant laws of Malaysia.
  2. Your SME is at least 60% owned by a Malaysian citizen.
  3. Your SME or Coop has been operating for at least six months.
  4. Your SME or Coop has a minimum annual sales turnover of RM50,000.

Businesses today, especially the MSMEs face a pressing need to digitally transform, accompanied by fear of getting lost or losing big in the digital mania.

The government is executing everything in its power to make this transformation frictionless for businesses and build a best-in-class digital ecosystem for Malaysia.

RinggitPay is proud to have bulit a digital payment ecosystem that encapsulates all payment needs- starting from payment collection to payment reconciliation.

That’s right, – SEND, COLLECT, MANAGE– do everything on a single dashboard.

Digital MSME
Merchant Details

If you are a Merchant reading this, you are likely to wonder how we have built it, if it encompasses everything in one dashboard!

How is RinggitPay built?

We have kept it simple & flexible, prioritizing the convenience of the payers and extremely safe because your money is our responsibility! It is entirely built for merchants to collect payment seamlessly by delivering simplest payment experience to customers.

If you have been looking for the right digital payment platform for your business, you have landed in the right page at the right time. With the announcement of the MSME Digital Grant, get your hands on RinggitPay- the Ultimate Payment platform for Bussiness in Malaysia.

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