All payments for govt services to be made on cashless basis by 2022

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The Finance Ministry, under the recently launched MyDigital, will ensure that payments for all government services will be made on a cashless basis by 2022, said minister Tengku Zafrul Abdul Aziz said.He said this will lead to higher transactional security, better coordination, enhanced communication on anti-corruption initiatives, and greater ease of sharing information.MyDigital is the nation’s digital economy blueprint - envisioning how the country will move towards a more digitally connected economy on the Industrial Revolution 4.0 (IR4.0) path.“As at the end of last year, 60 per cent of the government's total collection was through e-payment,” Zafrul (above) said in his speech when officiating the Malaysian Institute of Accountants (MIA) Conference 2021 today.He said the government has worked continuously to ensure good governance, more efficient and effective public …