BNM addresses concerns on DuitNow QR payments

KUALA LUMPUR: Major banks have taken appropriate steps to waive transaction fees for micro and small businesses that accept payments via DuitNow QR, B...

: Major banks have taken appropriate steps to waive transaction fees for micro and small businesses that accept payments via DuitNow QR, Bank Negara Malaysia said.

As for individuals, they will not be charged for any payments of less than RM5,000 through DuitNow QR, he said. He said this to address concerns regarding the announcement on the imposition of transaction fees for the DuitNow QR service.

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