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Home FAQ Retail Sector Digitization Initiative Program (ReDI)

1. How much does it cost to register for an e-wallet facility?

FREE until further notice. Consult the latest information with the e-wallet service provider.

2. What are the other costs involved?

FREE or at a very minimal cost. Consult the latest information with the e-wallet service provider.

3. How long is the e-wallet facility registration process?

3-5 working days. The registration document will be checked by the e-wallet service provider for3-5 working days. The registration document will be checked by the e-wallet service provider forconfirmation in advance.

4. How long is the settlement payment period/settlement to the merchant's bank account?

Immediate payment or up to 3 working days depending on the Bank. Consult the information from the ewalletImmediate payment or up to 3 working days depending on the Bank. Consult the information from the ewalletservice provider forinstant settlementimmediate settlement fee.

5. How can my business be grown through the e-wallet facility?

There are e-wallet service providers offering convenience microfinancing and promotional assistance.There are e-wallet service providers offering convenience microfinancing and promotional assistance.Consult the detailed information with the e-cash service provider of your choice.