Amiruddin said moving towards a cashless society remained one of the government’s foremost priorities and that reducing excessive reliance on cash would bring about tremendous benefits to the economy and society.
SANDAKAN: There is an upswing in the e-remittance trend in Sabah with its transaction value increased 652 per cent between the 2017-2019 period, according to Bank Negara Malaysia.
Its director of the money services business regulation department Nik Mohamed Din Nik Musa said, during the period under review the e-remittance value in Sabah shot up from RM8 million in 2017 to RM62 million in 2019.
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