Seven in ten Malaysians are prepared to adopt mobile payment systems such as Samsung Pay, according to the Visa Consumer Payment Attitudes Study 2016, which surveyed 500 people. "As more merchants introduce Visa payWave acceptance and more Visa payWave cards are issued to consumers, we are confident that this new method of payment will catch on with technology savvy Malaysians," he added. Another study by YouGov sampling 750 Malaysians found that half of those respondents believe mobile payments will replace card and cash usage. The government has also been working on a new digital currency called “Bitcoin” but it is not clear whether this would be accepted at ATMs. Visa found that 68% of Malaysians would use contactless payments rather than cash, against 34% in 2015.
Seven in ten Malaysians are prepared to adopt mobile payment systems such as Samsung Pay, according to the Visa Consumer Payment Attitudes Study 2016, which surveyed 500 people. Another study by YouGov sampling 750 Malaysians found that half of those respondents believe mobile payments will replace card and cash usage. The government has also been working on a new digital currency called “Bitcoin” but it is not clear whether this would be accepted at ATMs. Visa found that 68% of Malaysians would use contactless payments rather than cash, against 34% in 2015.