Dr Muzaffar Syah Mallow : "Cashless society will not make our society crime free."

Any efforts to introduced cashless society in our country will not able to eliminate entirely crime relates to money like money laundering, embezzlement, corruption, and others as criminal will continue to find ways to carry out their criminal activities regardless the method of transaction we adopted.

There is also a fear that our society will be expose to new kinds of criminal activities involving online financial transactions if we rush with the plan to turn our society into cashless society.

Cashless society describes an economic state whereby financial transactions are not conducted with the use of conventional money in the form of physical banknotes or coins, but rather through the transfer of digital information usually through electronic representation of money between the transacting parties.

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Dr Muzaffar Syah Mallow : "Cashless society will not make our society crime free."

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Digital economy can't be without cash - 10/20/2020

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"Please don’t let us go to a cashless society" says british former Member of the European Parliament Patrick James O'Flynn - 10/25/2019

Dont buy into these cashless payment myths - 10/10/2019

The Pros and Cons of Moving to a Cashless Society - 09/18/2019

Experts’ debate: what does a cashless society mean? - 09/17/2019

How will a cashless society affect the poorest ? - 09/05/2019

"This shift to all-digital upends the foundation of our economy and creates unintended consequences for consumers." Frank Sorrentino, CEO of ConnectOne Bank - 08/30/2019

"There is a huge machinery to make us believe that ‘cashless-ness’ is in our interest" Shrija Agrawal, Associate Editor Mint - 08/19/2019

Say No to the “Cashless Future” - 08/15/2019

"A cashless food economy is not all good" by Sylvain Charlebois, senior director of the Agri-Food Analytics Lab at Dalhousie University in Halifax. - 08/02/2019

Cashless isn’t just classist, it’s bad for business - 07/10/2019

Kenneth Rogoff’s war on cash: is he right to call cash a "curse"? - 07/03/2019

Stefan Gleason, President of Money Metals Exchange : "Big Banks and Big Tech are the ones pushing for a Cashless Society" - 07/02/2019

Natalie Ceeney, author of the 'Access To Cash Review' says : "everyone should have guaranteed access to cash in the future" - 06/19/2019

Douglas Ross, Member of Scottish Parliament: "The loss of access to cash inevitably affects the more vulnerable in society." - 06/11/2019

International Legal Firm raises concerns about privacy and security in a cashless society - 06/06/2019

The British Treasury Select Committee warns the elderly and those on low incomes are still reliant on cash - 06/05/2019

Cameron Bready, Global Payments CFO : "There's always going to be a role for cash in commerce around the globe." - 05/29/2019

Central bankers fear chaos in a cashless society - 05/06/2019

We must halt the relentless march to a cashless society. - 05/02/2019

A cashless society wouldn't work in the US - 04/23/2019

Andrea Nitsche from Cash Matters, says: “Going cashless is not a choice consumers make, it’s a choice made for them by market players." - 04/04/2019

Cybercrimes and security in a cashless society by Dr Muzaffar Syah Mallow - 03/15/2019

The cashless society from an ethical point of view