KUALA LUMPUR, Sept 28 — CIMB is retaining its zero transaction fees policy for merchants who wish to accept DuitNow QR (DNQR) payments at their premises. This was confirmed...
KUALA LUMPUR, Sept 28 — CIMB is retaining its zero transaction fees policy for merchants who wish to accept DuitNow QR payments at their premises. This was confirmed through a brief announcement onIn general, CIMB is among the first bank that has openly addressed the issue of DNQR transaction fees on merchants. This is quite a surprise given that this matter made its way into the headlines due toThe e-mail stated that merchants have to pay 0.
However, this zero transaction fee policy will not last forever though. The bank, who referred to the policy as theHence, it seems that the DuitNow QR transaction fees will be eventually put into place. Even though this policy only applies to merchants, it could still trigger a domino effect on consumers as businesses look for ways to offset the cost. —
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