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The Price Of QR Convenience

Vincent Fong, Chief Editor, Fintech News Malaysia

02-Oct-23 08:30

The Price Of QR Convenience

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, 


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