Malaysian consumers prefer to use cash over credit card


  • Nation Premium
  • Thursday, 13 Feb 2014

KUALA LUMPUR: Malaysians are among the most cautious people in the world – six out of 10 Malaysian consumers prefer to use cash and not credit cards in transactions.

A global survey by Nielsen shows that Malaysians are concerned about cyber-safety and are more hesitant to shop online or make available their payment card details on a smartphone or tablet device although personal information is protected.

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