PM to discuss DuitNow QR fees at meeting on Tuesday

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PM to discuss DuitNow QR fees at meeting on Tuesday
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Bank Negara Malaysia will also be represented at the special meeting of the National Action Council on Cost of Living.

Senator Fuziah Salleh said 1.9 million people used DuitNow and the government was concerned bank charges will affect efforts to make digital payment methods more accessible.

Deputy domestic trade and cost of living minister Fuziah Salleh said the meeting would be chaired by Prime Minister Anwar Ibrahim and would be attended by representatives of Bank Negara Malaysia , as the regulator of the country’s banking sector.“If nearly 1.9 million people use DuitNow, how much money will the banks make?

Also present were state executive councillor Allex Seah and Melaka domestic trade and cost of living ministry director Norena Jaafar. She said the ministry had previously implemented the Retail Sector Digitalisation Initiative programme to help small entrepreneurs make digital payment methods more accessible to consumers.

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