KUALA LUMPUR: The growth in the use of electronic payment products, such as credit and debit cards, has added RM13.17bil to the gross domestic product (GDP) of Malaysia, according to a study conducted for Visa by Moody’s Analytics.
In a statement, Visa said the study of 56 countries, including Malaysia, that represented 93% of global GDP, concluded that card usage made the economy more efficient, yielding a meaningful boost to economic growth.
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