The Ministry of Youth and Sports (KBS) adopted vcash as their solution of choice for cashless transactions, making it the first arm of the Government to implement a cashless payment solution within its bureau.
“In order to drive the cashless movement, it is imperative that we ourselves at KBS take significant steps in this direction to future-proof the country beginning now. In doing so, we hope to play a pivotal role in advocating and encouraging the adoption of cashless transactions,” said Khairy Jamaluddin, Youth and Sports Minister.
Currently, vcash has been enabled in three locations at Menara KBS: Rimau Kafe, KBS Gym and Kafe Teratai, which provides a level of convenience to cashless payment users.
vcash is a mobile payment application that offers Malaysians an easy, more convenient way to pay, send, request and store money in their smartphones. It is offered by Digi Telecommunications Sdn Bhd (Digi) in partnership with Valyou Sdn Bhd, an e-money issuer authorised by Bank Negara Malaysia (BNM).