Malaysians Are Adopting Cashless Payment With The Help Of Cashless Society

Cashless Society is an initiative by MCMC that aims to educate the public and merchants on cashless payment methods and its advantages.
(Credit: TechTRP)

Subscribe to our Telegram channel for the latest stories and updates.

The Malaysian Communications and Multimedia Commission’s (MCMC) Cashless Society program, launched in 2023, has achieved 20,035 cashless transactions as of February.

Deputy Communications Minister Teo Nie Ching revealed that 2,740 traders were successfully registered during the same period. The program, initially introduced in Melaka last year, has expanded to Johor, Negeri Sembilan, and Pahang, according to Bernama.

Teo outlined plans for 2024, involving the implementation of Cashless Society in 61 locations across the mentioned states, with collaboration from the Johor government, Felda, and other partners.

Initiatives such as Cashless@NaDi (National Information Dissemination Centre, formerly known as PEDi) in Felda settlements aim to promote awareness of cashless payments, utilising methods like e-wallets, DuitNow, QR codes, and debit/credit cards to boost the local economy.

The focus remains on assisting micro- and small-scale traders, with the Cashless@NaDi program set to be implemented in 17 locations within Felda settlements in Johor.

Teo aims to establish 11 new NaDi before the year-end, with the target of reaching 10,000 cashless transactions by the end of 2024 through collaborative efforts with the state government, MCMC, Felda, financial service providers, and banks.

Share your thoughts with us via TechTRP's Facebook, Twitter and Telegram channel for the latest stories and updates.

Previous Post

Nikon Acquires RED, The Cinema Camera Maker

Next Post

Civil Servants Can Now Register For MyDigital ID Online

Related Posts
Total
0
Share