Malaysia

Tok Pa: Bank Negara will lead e-payment promotion efforts under MyDIGITAL Community Cluster (Malay Mail)

Bank Negara Malaysia will spearhead efforts to promote the use of e-payments among consumers and merchants to boost easy and secure digital transactions under the MyDIGITAL Community Cluster.

Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said the decision was made during the third meeting of the National Digital Economy and Fourth Industrial Revolution (4IR) Council chaired by Prime Minister Tan Sri Muhyiddin Yassin online today.

“In 2020, e-payment transactions per capita was 170 and is expected to increase to 400 by 2022. This is due to measures to increase awareness and infrastructure convenience that are being implemented.

“The Cashless Day campaign will be held while the payment system with applications at the petrol kiosk terminals will be expanded. This initiative is in line with the intention to create cashless transactions for all government services by 2022,” he said in a statement today.

Mustapa said the prime minister in his opening remarks emphasised the importance of using a whole-of-nation approach to accelerate the digitalisation and technology exploration agenda as contained in the Malaysian Digital Economy Blueprint and the National 4IR Policy.
 

Malay Mail

22 July 2021

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