New DuitNow rate reportedly from Nov 1 unfair to small businesses, says Dr Wee

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New DuitNow rate reportedly from Nov 1 unfair to small businesses, says Dr Wee
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KUALA LUMPUR: The new DuitNow rate that is reportedly taking effect from Nov 1 is wholly unfair to small businesses or roadside 'warung' without card payment facilities, says Datuk Seri Dr Wee Ka Siong.

KUALA LUMPUR: The new DuitNow rate that is reportedly taking effect from Nov 1 is wholly unfair to small businesses or roadside"warung" without card payment facilities, says Datuk Seri Dr Wee Ka Siong.

"At a time of rising costs of living made worse by the effects of inflation, we should not be making seemingly trivial decisions that come with ripple effects to burden the rakyat and cause more inconvenience. Currently, there is no charge for DuitNow QR transactions under RM5,000 and a fee of 50 sen for transactions above RM5,000.

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