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Salaries should be paid electronically and not cash

November 30, 2017 5:23 pm

The government is at the moment studying how to make payment of salaries and wages electronically rather than cash payment.

Minister for Economy, Aiyaz Sayed-Khaiyum says this will definitely improve any form of corruption as some organisations are still doing cash payments to their employees.

“Till today many of these organizations may be actually paying them cash, sorry cheque. So somebody supplying you with water pipes, somebody supplied you with a 1km stretch of road being fixed up, those transactions needs to be carried out electronically. There large sums of money, they don’t need to be paid, even to small suppliers. I think is very important to have that level of accountability and it also stops corruption too.”

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The ANZ Fiji Country Head, Saud Minam says the public are the ones that will benefit the most from this cashless society.

“We’re not saying yes this is going to be saving the banks money, it’s not, and it’s providing convenience at the customer’s level. We’re providing convenience to every single individual in Fiji.”

Meanwhile, Sayed-Khaiyum transferred a batch of online payments by the government over ANZ Transactive.

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