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Fiji makes steps towards cashless economy

Fiji makes steps towards cashless economy

The government of Fiji is taking further steps towards replacing cash with electronic payments just two months after it introduced an e-ticketing public transport payment system in October.

This time, all payments made by government departments will be done electronically without issuing cheques, with a goal of reaching an 85 percent target by 2020, Pacific Beat reports.

Fiji’s Minister for Economy, Aiyaz Sayed-Khaiyum, says the move will ensure vendors are paid efficiently and on time.

Meanwhile, the head of the ANZ bank in Fiji, Saud Minam said the people of Fiji are adapting well to the switch to using electronic platforms and businesses are also conforming to limiting the use of paper.

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