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CM: Govt supports efforts towards going cashless
Published on: Friday, August 10, 2018

Kota Kinabalu: The State Government will continue to support efforts towards Sabah going cashless, said Chief Minister Datuk Seri Mohd Shafie Apdal.

He said the Government sees the importance of the digital economy in Sabah's development and will continue to support the agenda.

"On our part, we will continue to support the digital economy agenda by researching and placing the needed exposure, policies, education and skills to make the 'Sabah Goes Cashless' initiative a success," he said at an experience sharing session of the Cashless Sabah Programme, here, Thursday. His speech was delivered by State Finance Assistant Minister Kenny Chua.

Shafie acknowledged that the responsibility to steer the State forward in development through the digital economy is heavy and full of challenges.

"What more when the digital concept is seen as complicated and too complex," he said.


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The event marked the beginning of a new digital era for Sabah with the launch of Boost, a homegrown lifestyle e-wallet in the region.

Boost has allowed Sabahans to enjoy the convenience of going cashless and cardless.

Shafie described the programme as timely and appropriate as Sabah is facing the challenges of the 4.0 industrial revolution that focuses not only on the use of ICT but also machines and robots.

"In this context, it's very relevant for us in Sabah to move forward in line with current streams of development," he added.


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He noted that the Boost application is made available in various business categories in the State such as retail, movies, food delivery services, food courts and universities.

He hoped the application can also be used in the public sector such as for car park payments, utilities and other services.

Since its launch in January last year, Boost has over 30,000 merchants online and offline nationwide and close to 2.9 million users to date.

"We want to support customers and merchants alike in their digital transformation process and to offer an entirely new payment experience.


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"While supporting the Government's aim in driving innovation and advanced technologies, the cornerstone of our business has always been to aid the underserved into the digital economy.

With Boost, small businesses that are unable to access the traditional financial channels are given the opportunity to leave a digital footprint," Boost CEO Christopher Tiffin said.

Boost targets to have 2,000 of its merchants located in Sabah by year-end. - Leonard Alaza

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