Cashless system for schools in the works - Maszlee

Modified 29 Mar 2019, 1:53 am

Education Minister Maszlee Malik said he wants to set up a cashless system for schools in the future.

His ministry is already in talks with Bank Simpanan Nasional (BSN) to come up with ideas for a cashless school system, he said.

“It won’t happen overnight. This will probably be realised during our grandchildren’s time.

“We (ministry and BSN) have already reached a consensus to carry out a pilot project in a few selected schools,” The Star Online reported Maszlee as saying last night.

Some schools in Malaysia are already using a cashless system, he said, such as SK Bukit Lanjan in Damansara Perdana.

Maszlee believes that a cashless system in schools would lead to fewer incidents of theft among schoolchildren.

It is interesting how China has transformed into a cashless society, he noted, adding that he can already imagine schools using a cashless system in a few generations.

There is no need for credit or debit cards, he said, as nowadays even a QR code can be used in transactions.

He also stressed the importance of schoolchildren gaining financial literacy.

“We want the young generation to adopt a positive attitude on prioritising expenses, be able to prepare for their future and be ready for rainy days,” Maszlee said.

Share this story


By posting a comment, you agree to our Terms & Conditions as stipulated in full here


Foul language, profanity, vulgarity, slanderous, personal attack, threatening, sexually-orientated comments or the use of any method of communication that may violate any law or create needless unpleasantness will not be tolerated. Antisocial behaviour such as "spamming" and "trolling" will be suspended. Violators run the risk of also being blocked permanently.


Please use the report feature that is available below each comment to flag offending comments for our moderators to take action. Do not take matters in your own hands to avoid unpleasant and unnecessary exchanges that may result in your own suspension or ban.