Ruckus in Parliament as Opposition accuse govt of bulldozing Bill on foreign country’s immunity, claim PM given absolute power
This is on the back of the 20 per cent growth to 343 transactions per capita in 2023 compared to 285 transactions per capita in the previous year.“E-payment growth was supported by consumption activity as the total value of selected retail e-payment transactions grew by 17 per cent to reach RM592 billion, complemented by collective public and private sector efforts to increase e-payment adoption,” it said.
“In particular, DuitNow QR transactions have seen significant take-up since its introduction, driven by greater familiarity with the DuitNow QR service, popularity with customers due to its convenience and its lower cost for merchants relative to other e-payment alternatives,” it added. “Although financial institutions have indicated openness to explore the potential of digital asset-related activities and distributed ledger technology , their current focus remains limited to providing traditional services to digital asset players such as payments, deposit and trust accounts,” it said.
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