Card Payments Continue To Rise In Malaysia Amid COVID-19
Malaysia has traditionally been a cash-dominant society. However, the COVID-19 pandemic has accelerated Malaysia’s push towards electronic payments, with card payments at point of sale (POS) terminals continuing to rise, according to GlobalData, a leading data and analytics company. According to GlobalData estimates, card payments in Malaysia will grow by 4.3% to reach MYR214.4bn (US$52.4bn) […]