The Price Of QR Convenience
Vincent Fong, Chief Editor, Fintech News Malaysia
02-Oct-23 08:30
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Merchants that have enjoyed free usage of DuitNow QR payments will eventually have to endure a fee for this convenience as Payments Network Malaysia, majority-owned by Bank Negara, announced that it will impose a fee, that was initially waived to encourage usage. Vincent Fong, Chief Editor of Fintech News Malaysia explains what this might mean to the whole cashless payments ecosystem.
Image credit: Shutterstock.com
Produced by: Tun Hizami Hashim
Presented by: Wong Shou Ning, Keith Kam
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Categories: technology, economy
Tags: duitnow qr payments, payments network malaysia, merchant discount rate, digital payments,