Close Menu
    • Fintech Startups Malaysia – List of Fintech Startups and Fintech Companies in Malaysia
    • Fintech Jobs Malaysia
    • About Fintech News Network
    • Work With Us
    • Contact Us
    • Media Kit
    • Advertise With Us
    • Fintech Malaysia Newsletter
    • Submit Fintech Startup
    • Submit Press Release
    • Submit Interview Request
    • Submit Fintech Event
    • Webinar Inquiry APAC
    LinkedIn Facebook X (Twitter) YouTube RSS
    • About
      • About Fintech News Network
      • Work With Us
    • Contact Us
    • Media Kit
    • Advertise With Us
    • Fintech Malaysia Newsletter
    • Submit Press Release
    • Submit
      • Submit Press Release
      • Submit Fintech Startup
      • Submit Interview Request
      • Submit Fintech Event
      • Submit Your Vacancy
      • Webinar Inquiry APAC
    • Fintech Events in Malaysia
    • MY Fintech Startup Directory
    Fintech News Malaysia
    part of Fintech News Network

    Fintech News Network

    LinkedIn Facebook X (Twitter) Instagram YouTube TikTok RSS
    Free Newsletter
    • Blockchain
    • Digital Banking
    • Lending
    • Payments
    • Insurtech
    • Wealthtech
    • Regtech
    • Report
    • Startups
    • Events
    Fintech News Malaysia

    Fintech News Network

    Home»Financial Inclusion»850,000 Malaysians Spend Over RM50 Million on First Day of SARA Rollout
    Financial Inclusion

    850,000 Malaysians Spend Over RM50 Million on First Day of SARA Rollout

    MOF said MyKasih will boost system capacity after the payment network slowed under unusually high transaction volumes.
    Fintech News MalaysiaFintech News MalaysiaSeptember 1, 20252 Mins Read
    LinkedIn Facebook Twitter Copy Link Telegram Email
    850,000 Malaysians Spend Over RM50 Million on First Day of SARA Rollout
    Share
    LinkedIn Facebook Twitter Telegram Copy Link Email
    Free Newsletter

    Get the hottest Fintech Malaysia News once a month in your Inbox

    Malaysia’s SARA programme sparked heavy use on launch day, pushing transactions past RM50 million as 850,000 recipients tapped into their RM100 credit as of 9.30 pm.

    The scheme, introduced for more than 22 million adult Malaysians, experienced a rush of activity on 31 August that caused a significant decline in performance on the MyKasih payment network at several locations.

    The Ministry of Finance (MOF) said that despite the disruptions, transactions were still accepted and processed.

    MOF is working with MyKasih to expand system capacity so the public can continue making purchases smoothly from 1 September.

    MyKasih will also carry out overnight maintenance on 31 August to prepare the system for stable use the next day.

    Officials noted that the volume of transactions was far higher than usual.

    As of 30 August 2025, the monthly implementation of SARA had handled an average of about 600,000 daily transactions.

    The ministry apologised for the inconvenience experienced by users and said it would continue to monitor the initiative closely to ensure smoother operations in the coming days.

    It also reminded recipients that the one-off RM100 SARA credit will remain valid until 31 December 2025 and can be used at more than 7,300 registered retail outlets nationwide.

     

     

    Featured image: Edited by Fintech News Malaysia, based on image by wirestock via Freepik

    WebinarHow Fintechs Can Thrive in the Age of AIParticipate
    Ministry of Finance
    Share. LinkedIn Facebook Twitter Telegram Copy Link Email

    Author

    Avatar photo
    Fintech News Malaysia
    • Facebook
    • X (Twitter)

    Related Posts

    Budget 2027: RM1,000 Aid for Taxi and Rental Car Drivers to Begin Ahead of Deepavali

    October 12, 2026

    Budget 2027: Malaysia to Raise Bankruptcy Threshold from RM100K to RM150K

    October 9, 2026

    Budget 2027: Malaysia to Launch Affordable MediAsas Health Plan in January 2027

    October 9, 2026

    Budget 2027: Malaysia and Grab Commit RM160 Million to Support Gig Workers

    October 9, 2026

    Budget 2027: Alliance Bank, Maybank and CIMB Offer Basic Credit Cards Capped at 14%

    October 9, 2026

    Budget 2027: Malaysia Plans Tokenised Govt Sukuk for Retail Investors

    October 9, 2026

    First 60 Days After Opening a Bank Account Can Shape Financial Health

    September 22, 2026

    Affin Bank Secures US$400 Million From IFC to Expand MSME Financing

    September 18, 2026
    Security Sponsored

    How Did 85% of Synthetic Identities Slip Past Third-Party Fraud Models at Onboarding?

    September 25, 2026
    Fintech Malaysia Newsletter
    Subscribe to the most important Fintech Malaysia News
    Follow Us
    • LinkedIn
    • Facebook
    • X / Twitter
    • Instagram
    • YouTube
    • TikTok
    MY Fintech Startup Directory

    Malaysia Fintech Startup Directory

    Cloud Sponsored

    Multicloud Environments Look Efficient, Until the Clock Starts on Recovery

    Annette RowenaAugust 14, 2026
    Featured Fintech Webinar

    Featured Fintech Reports

    Sumsub Report

    LexisNexis Solutions

    Featured Fintech Event

    Hong Kong FinTech Week and StartmeupHK

    Featured Webinar Replay

    Who Wins the Next Era of Embedded Finance?

    Featured Fintech Videos

    Is BNPL The Greatest Evil?

    TNG Digital

    Hong Leong's New Card Is Forged in Fire And You Can't Apply for It

    Featured Fintech Job

    Sales Operations Associate

    Whitepapers & E-Books
    State of Digital Trust: AI Governance Benchmark
    State of Digital Trust: AI Governance Benchmark
    Sumsub
    Upcoming Fintech Events
    Country
    5th Finance ReImagined Malaysia 2026
    October 15, 2026
    Malaysia
    -
    Kuala Lumpur
    Webinar: How Fintechs Can Thrive in the Age of AI
    October 21, 2026
    Featured Online
    BFSI Malaysia 2026
    October 28, 2026
    Malaysia
    -
    Kuala Lumpur
    Hong Kong FinTech Week x StartmeupHK 2026
    November 2, 2026
    -
    November 6, 2026
    Hong Kong
    Featured
    Singapore Blockchain Week (SBW 2026)
    November 13, 2026
    Malaysia, Singapore
    Promote Event View More
    Fintech Jobs
    Rating
    Treasury Business Analyst
    Petaling Jaya, On-Site, Full-time
    GXBank
    Country Manager (New Market Expansion)
    Kuala Lumpur
    First Circle
    Director, Business Development - Kuala Lumpur, Malaysia
    Kuala Lumpur
    Mastercard
    Senior Product Manager - Wealth
    Federal Territory of Kuala Lumpur
    TNG Digital
    Senior Product Manager, Payments API
    Federal Territory of Kuala Lumpur
    Reap
    View More
    Navigation
    • About Fintech News Network
    • Advertise With Us
    • Media Kit
    • Work With Us
    • Contact Us
    • Fintech Malaysia Newsletter
    • Submit Press Release
    • Submit Fintech Startup
    • Submit Fintech Event
    • Submit Your Vacancy
    • Submit Interview Request
    • Fintech Events in Malaysia
    • Malaysia Fintech Startup Directory – List of Fintech Startups and Fintech Companies in Malaysia
    • Privacy Policy / Disclaimer
    Other Fintech News Network Publications
    Fintech News Malaysia
    Fintech News Singapore
    Fintech News Hong Kong
    Fintech News Philippines
    Fintech News Network Indonesia
    Fintech News Network Australia
    Fintech News Switzerland
    Fintech News Baltic
    Fintech News Nordics
    Fintech News America
    Fintech News Network UAE
    Fintech News Africa
    Get Informed

    Subscribe to Updates

    Subscribe to the most important Fintech Malaysia News

    LinkedIn Facebook X (Twitter) YouTube RSS
    • About Fintech News Network
    • Advertise With Us
    • Media Kit
    • Work With Us
    • Contact Us
    • Fintech Malaysia Newsletter
    • Submit Press Release
    • Submit Fintech Startup
    • Submit Fintech Event
    • Submit Your Vacancy
    • Submit Interview Request
    • Fintech Events in Malaysia
    • Malaysia Fintech Startup Directory – List of Fintech Startups and Fintech Companies in Malaysia
    • Privacy Policy / Disclaimer
    © 2015 - 2026 Copyright CK Finanzpro GmbH. All Rights reserved.

    Type above and press Enter to search. Press Esc to cancel.