KUALA LUMPUR, Dec. 2 -- Non-cash transactions have become the predominant payment method for Malaysians in 2025, with a new Ipsos study showing that nearly three out of five people have used digital payments in the past three months.

Ipsos's "Non-cash economy and the role of e-wallets" report also showed a 14 per cent surge in e-wallet usage and continued growth in online bank transfers, a shift driven by rising consumer trust and a preference for faster, more rewarding payment options.

Younger Malaysians continue to be the most enthusiastic adopters, with e-wallet usage highest among those aged 25 to 34, where nearly two in three used them.

However, the study also found a sharp 11 percentage point increase in the use of online bank tr...