Photo: A Touch 'N Go QR code is displayed at a stall selling drinks in Kuala Lumpur, Malaysia. No amount of minimum transaction is required for the cashless payment. SALAAM GATEWAY/Ahmad Must

Islamic Finance

Last Malay village in Kuala Lumpur introduces first cashless Ramadan ‘bazaar’


KUALA LUMPUR – Open-air Ramadan street markets, or ‘bazaars’ lure thousands daily across Malaysia with their festive atmosphere, sights and smells of all types of foods and beverages that tempt the fasting Muslim.

This year, the Ramadan bazaar at Kuala Lumpur’s last-remaining Malay village—famous as the home of Prime Minister Mahathir Mohamad’s favourite ‘popiah’, a local snack—has the honour of being the first in the country to use a cashless payment system. 

"Kampung Bharu is quite mystical, a city within a city. It has heritage and history and now we are bringing technology,” Syahrunizam Samsudin, CEO of TNG Digital Sdn. Bhd told reporters at a press conference on Friday.

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tags:

Cashless payments
Digital payment
Fintech
Ramadan 2019
Author Profile Image
Ahmad Mustakim Zulkifli