Nowadays, society is increasingly being exposed to the evolution of technology that is advancing forward. One of them is an e-wallet application that uses a cashless payment system. This application is growing popular among Malaysians, particularly during the COVID-19 pandemic. The government also declared a Movement Control Order (MCO) which prohibits Malaysians from leaving their homes except for certain reasons. Nonetheless, once the MCO is over, the economic sector can run as usual and people are free to move anywhere. This study is conducted to study the practice of cashless payment among youth during and after the MCO. Secondly, to identify the factors that encourage the use of cashless payment after MCO from the perspective of hifz mal. Thirdly, to study how far the youth knows the usage of cashless payment comply with the maqasid syariah hifz mal. The methodology used is a quantitative method in the form of survey through a Google Form application. A total of 202 questionnaires were distributed to youth at Universiti Teknologi MARA Johor, Segamat Campus using a simple random sampling method. The data are collected and analyzed using Statistical Packages of Social Science (SPSS). The result of the study shows that there is an increase in e-wallet cashless payment practice during and after the MCO. The factor of reducing the risk of infection become the main factor that encourage the use of e-wallet cashless payment after the Movement Control Order (MCO) from the point of view of maqasid syariah hifz mal. Meanwhile, the respondents strongly agree that they will encourage their friends to use e-wallet cashless payment because it complies with maqasid syariah hifz mal.