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By SHYAFIQ DZULKIFLI PETALING JAYA: With online money transfers now a staple of everyday life in Malaysia, e-Duit Raya is set to see its biggest season yet as families embrace digital gifting ahead of Hari Raya Aidilfitri. Data from Bank Negara Malaysia (BNM) reflects the broader rise in digital payments across the country. The central bank’s latest payment statistics show that total e-money transactions reached RM272.55bil last year, involving 6.37 billion transactions. This marked a 66% jump in value from RM164.09bil recorded in 2024. E-money transactions hit a record high in December last year, with 622.4 million transactions valued at RM29.4bil. E-money refers to prepaid payment instruments that store monetary value electronically, including mobile e-wallets, card-based e-money and prepaid accounts. According to BNM’s Annual Report 2024, e-wallets accounted for 64% of total e-money transactions, with the remainder attributed to card-based...