KUALA LUMPUR, Sept 29 — Malayan Banking Bhd (Maybank) today said the bank will not implement any fees for DuitNow QR for now.
“Rest assured all merchants may continue to accept DuitNow QR payments with no charge, as is the practice today,” it said in a statement.
Any changes to this will be communicated ahead of time to the merchants, the bank said.
Payments Network Malaysia Sdn Bhd, which operates the DuitNow QR code platform, recently clarified a four-year waiver on the merchant discount rate (MDR) will expire on November 1.
Currently, debit and credit card payments are subject to the MDR.
— Bernama
