PETALING JAYA: Bank Negara has outlined six key measures to be implemented next year to accelerate the pace of migration to e-payments and reduce dependency on cash and cheque usage in Malaysia.
The measures would revolve around the deployment of additional point-of-sale terminals, organisation of awareness campaigns, implementation of national bill payment scheme called JomPay, regular reviews on their payment systems, improvement of customer service and efforts by banking institutions to reduce automated teller machine (ATM) robberies.
Already a subscriber? Log in.
Save 30% and win Bosch appliances! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
