Obstacles on the road to cashless society

Convenience for consumers: e-pay (M) Sdn Bhd, a one-stop electronic payment service provider, offers a host of services, including reloads for prepaid mobile and IDD, bill payment collection, ticket payment collection, content subscription, credit and debit card payment, online games reload, and e-Wallet reload.(Please blur out cigaratte pack/ logo in background if necessary).

IF you visit Bank Negara’s website on e-payment and debit card use, you will be surprised by the virtues stated there of using these payment systems.

In fact, Bank Negara had included e-payment as part of the nine focus areas in the Financial Sector Blueprint 2011-2020. The main reason was to accelerate the realisation of this country’s vision of being a high value­added, high income nation with adequate capacity to preserve financial stability.