To me, cashless is the way forward. Having to queue up at ATMs to draw cash just so you can pay for stuff seems so archaic to me. Add that to the fact that you have to carry around fat wallets just so you have space for the paper money and you’re looking at a system that I feel should be eradicated as soon as possible. However, at least as far as Malaysia is concerned, there really isn’t a proper cashless solution, at least not one that’s as universal as something like WeChat Pay or Alipay in China.
Still, there is hope. As more and more companies venture into this space, new ideas are popping up pretty frequently. Today, it’s Digi‘s turn with their brand new mobile payment service vcash.