48.4% of Malaysians use cash every day

This statistic is from the PayNet Digital Payments Insights Study 2022: Weathering the Pandemic

The report, prepared by Payments Network Malaysia, focuses on the payments landscape of Malaysia and its development during the pandemic. Its key findings are that cash remains the number one payment method, with 78% of people preferring it to other options. 48.4% use cash on a daily basis despite the increasing popularity of cashless options.