DID YOU know that Sweden is well on its way to becoming the first cashless society in the world? Already today, more than 80% of all retail transactions in the country are conducted electronically. It is predicted by 2023, the country will be fully cashless. And China is trailing, not far behind.
Imagine how seamless and integrated life would be in the future if Malaysia goes fully cashless. Let’s talk about day-to-day living. You get up in the morning, get ready for work, and then you stop by at your favorite cafe to buy some nasi lemak and kopi O. You take out your phone, open an ePayment app like Touch ‘n Go eWallet, pay for your breakfast and then be on your way. Then, as you head to the office, you need to pass by the tolls.