KUALA LUMPUR: Pertama Digital Bhd‘s digital payment solution eJamin is seeing an ecouraging growth rate amid the ongoing Covid-19 pandemic.
The company said in a statement on Thursday that a total of RM45.46mil in bail collections were collected from January to December 2020, with a monthly growth rate of 18.21%.
It estimates that total bail collection in 2021 will reach RM450mil.
eJamin is Malaysia’s pioneer digital bail payment solution, developed by Pertama Digital’s portfolio company, Dapat Vista (M) Sdn Bhd.
“It allows bailors to make payments digitally within a few minutes, ensuring a quick release of accused persons pending their criminal cases being heard,” it said.
Dapat Vista updated eJamin to Version 2.0 in December 2020 to enhance user-friendliness.
Scheduled for launch in the first quarter of 2021, it is developing a new feature that enables direct transfer of bail refunds to settle fines imposed by courts.
Meanwhile, Pertama Digital is also looking into expanding the digital bail system for police remands and the Syariah criminal courts.
“The Covid-19 pandemic is speeding up the adoption of digital payments in many sectors of the economy, and this applies to bail payments too.
“We welcome the recent statement by the Chief Justice on enhancement of technology usage within the court environment,” said Dapat Vista CEO Amanda Sabri.
She added that they are seeking cooperation from banks to lift the FPX transfer limit on eJamin transactions to facilitate full adoption of the solution.
As bail amounts in Malaysia can go up to a million ringgit or more, the payment transfer limit inhibits certain bail transactions.
“We need the backing of PayNet, certain banks and the authorities to revise the FPX and bank transfer limits to help make use of the online bail payments applicable to a wider variety of cases,” said Amanda.