Bank Negara is in the middle of a 10-year financial blueprint to ‘modernise the payment landscape’ by 2020. They want see greater use of debit cards, displacement of cheques and more ubiquitous use of e-payments. The end result of this is disinflation: lower costs of credit/debit cards, a more fluid transaction process and generally lower costs of doing business.

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: 

Tags:  breakfast grille,  bank negara,  cashless society,  cashless