KUALA LUMPUR, Sept. 4 -- FGV Holdings Berhad (FGV) is pioneering the implementation of an electronic wallet (e-wallet) cashless payroll system for its plantation workers under its recruitment, retention and repatriation (3R) programme.

FGV's Group Chief Executive Officer Datuk Haris Fadzilah Hassan said that the e-wallet system commenced in February in Gua Musang, Kelantan, involving 1,500 registered users in 11 of its estates.

"Through this system, FGV is able to save RM1 million annually in terms of payroll handling costs.

"By first quarter 2021, FGV aims to implement this system for its entire plantation sector including estates in Sabah and Sarawak," he said in a statement published on the company's website.

"In today's digital er...