PM: DuitNow QR fee will not burden low-income group

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PM: DuitNow QR fee will not burden low-income group
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KUALA LUMPUR: Prime Minis­ter Datuk Seri Anwar Ibrahim said the imposition of a transaction fee for payments made via DuitNow QR and transactions conducted with credit cards will not burden the low-income group in the country.

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim said the imposition of a transaction fee for payments made via DuitNow QR and transactions conducted with credit cards will not burden the low-income group in the country.

“I discussed this with the BNM Governor. According to him, it will not be imposed on the lower-income group. Yesterday, Payments Network Malaysia Sdn Bhd confirmed that a transaction fee would be imposed on vendors for payments received through the DuitNow QR platform and transactions conducted with credit cards, effective Nov 1, 2023.

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