Malaysia Towards Cashless Society

Haikal Hafiz Bin Kadar, Sera Syarmila Sameon, Marina Md Din, Putri ‘Amirah Binti Abdul Rafee

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Citation (Scopus)

Abstract

The preceding years have perceived a hitched of cashless transactions not only in the developed countries but also in numerous part of the developing countries. Malaysia is under the category of digitally maturing in terms of the cashless transaction as cash-based is still a ‘king’. In support to Industry 4.0, most businesses are moving to the cashless transaction, has led to the hint of an innovation, cashless society. Cashless transactions bring about enhanced capability, transparency and accountability. Consumers these days trust more on the cashless transaction. This paper points out the benefits of cashless society, the drawbacks and the current situations in the context of Malaysia. This paper is an effort to understand the perception of a cashless society. As a result, to gain a better perception, measuring and observing the current cashless society is a crucial stage to understand the current situation, examine the gap as well as the priorities of further progression. Henceforth, there is definitely no uncertainty that a cashless society, with all its benefits and drawbacks, is undeniably maturing in Malaysia.

Original languageEnglish
Title of host publicationProceedings of the 3rd International Symposium of Information and Internet Technology SYMINTECH 2018
EditorsMohd Azlishah Othman, Mohamad Zoinol Abidin Abd Aziz, Mohd Shakir Md Saat, Mohamad Harris Misran
PublisherSpringer Verlag
Pages34-42
Number of pages9
ISBN (Print)9783030207168
DOIs
Publication statusPublished - 01 Jan 2019
Event3rd International Symposium of Information and Internet Technology, SYMINTECH 2018 - Langkawi, Malaysia
Duration: 18 Dec 201820 Dec 2018

Publication series

NameLecture Notes in Electrical Engineering
Volume565
ISSN (Print)1876-1100
ISSN (Electronic)1876-1119

Conference

Conference3rd International Symposium of Information and Internet Technology, SYMINTECH 2018
CountryMalaysia
CityLangkawi
Period18/12/1820/12/18

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All Science Journal Classification (ASJC) codes

  • Industrial and Manufacturing Engineering

Cite this

Kadar, H. H. B., Sameon, S. S., Md Din, M., & Rafee, P. A. B. A. (2019). Malaysia Towards Cashless Society. In M. A. Othman, M. Z. A. Abd Aziz, M. S. Md Saat, & M. H. Misran (Eds.), Proceedings of the 3rd International Symposium of Information and Internet Technology SYMINTECH 2018 (pp. 34-42). (Lecture Notes in Electrical Engineering; Vol. 565). Springer Verlag. https://doi.org/10.1007/978-3-030-20717-5_5