PERTAMA Digital Bhd (previously Sinotop Holdings Bhd) which strives to empower govtech (government technology) and fintech initiatives across Malaysia has raised its threshold of court bail payment via its eJamin application to RM500,000 from RM30,000 previously.
eJamin is a digital court bail payment solution that was introduced during the opening of the Legal Year by the Chief Justice of Malaysia, Tun Tengku Maimun Tuan Mat, on Jan 10.
With the support of court officers throughout the country, eJamin has reduced the bail process from half a day to mere minutes, enabling bail payment via smart phones and web browsers.
Previously, online bank transfers by individuals for bails were capped at RM30,000 for each transaction in accordance with the standard business-to-consumer financial process exchange (FPX) limit of Payments Network Malaysia Sdn Bhd (PayNet).
“We are extremely grateful for the active role of the Malaysian Judiciary on this initiative as well as for the assistance of PayNet and participating banks,” commented Pertama Digital executive director Sabri Ab Rahman.
As bail amounts in Malaysia can range from a few thousand up to a million or more, the increase in FPX limit for each transaction will enable more people to leverage the convenient digital bail process through eJamin, according to Amanda Sabri, CEO of DAPAT Vista (M) Sdn Bhd (a member of the Pertama Digital group) that operates eJamin.
“Previously, people had to rush between the court and banks to complete the bail process manually. If bail was paid late, the accused person would face time in lock-up,” explained Amanda.
“Facilitating quick bail pending conclusion of court cases helps avoid queues at banks and courts and cramming in lock-ups, hence complying with physical distancing during the COVID-19 pandemic.”
To date, eJamin has been implemented in more than 140 court locations around Malaysia with the number is still growing in line with the courts’ encouragement towards the digital shift.
Pertama Digital is also currently working on expanding the digital bail system for police remands and the Syariah criminal courts.
Earlier this year, Pertama Digital reported that a total of RM45.46 mil in bail collections were collected from January to December 2020, with a monthly growth rate of 18.21%.
At 3.15pm, Pertama Digital was unchanged at 39.5 sen with 319,700 shares traded, thus valuing the company at RM171 mil. April 15, 2021
