Bank Negara records RM11.5bil in cashless transactions in 2023


KUALA LUMPUR: Bank Negara Malaysia recorded a total of RM11.5bil in cashless payment transactions last year thanks to the availability of 4G and 5G coverage and internet services throughout the country, the Senate was told on Wednesday (March 27)

Deputy Digital Minister Datuk Wilson Ugak Umbong, said that this figure shows an increase from RM9.5bil in 2022 and RM7.2bil in 2021.

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