BFM Podcast

The Price Of QR Convenience

Tan KW
Publish date: Mon, 02 Oct 2023, 02:34 PM
The Price Of QR Convenience

02-Oct-23 08:30

Vincent Fong, Chief Editor, Fintech News Malaysia

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

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