PUTRAJAYA: All farmers and public market traders in Putrajaya must provide a cashless payment facility as a condition for the renewal of their business licence, says deputy domestic trade and consumer affairs minister Rosol Wahid.
Rosol said Putrajaya Corporation (PPj) would make it a requirement in the near future in an effort to prepare retail sector players for the expanded use of cashless payment systems in business.
Speaking after the launch of the Retail Digitalisation Initiative (ReDI) at the Precinct 2 farmers’ market site in Putrajaya yesterday, he said the move was part of the first phase of the ReDI framework involving Putrajaya with the second phase going nationwide in May.
ReDI is a collaboration between the ministry and various government and private agencies. These include the federal territories ministry, housing and local government ministry, Bank Negara Malaysia (BNM), Companies Commission of Malaysia (SSM) as well as Maybank and Touch n’ Go.
Rosol said the ministry was targeting 12,844 traders at 306 farmers’ markets and public markets nationwide to use the e-wallet facility, in line with the new digitalisation era in business.
“However, for this year, we are targeting 100 farmers’ markets and public markets to use the e-wallet facility in every transaction.
“I am confident it will motivate many other micro, small and medium businesses to participate in going cashless,” he added.