Bank Negara records RM11.5bil in cashless transactions in 2023.

Bank Negara Malaysia recorded RM11.5 billion in cashless payment transactions in 2023, an increase from RM9.5 billion in 2022 and RM7.2 billion in 2021, thanks to 4G and 5G coverage throughout the country. The Ministry of Digital plans to continue collaboration with various parties to encourage businesses to adopt cashless payment methods. Bank Negara is the leading agency in promoting e-payments for secure digital transactions.

March 27, 2024
3 Articles

Further Reading