KUALA LUMPUR: Prime Minister Anwar Ibrahim has given assurance that the transaction fee charged to vendors for payments received via the DuitNow QR code platform will not burden the low income groups.
He said the decision to lift the waiver on the merchant discount rate (MDR) for vendors was made by Bank Negara Malaysia.
“Right now, what’s important is that the low income groups are not burdened (by the lifting of the waiver),” he told reporters at KL Jazz and Art Centre here.
He was commenting on Payments Network Malaysia Sdn Bhd (PayNet) confirming yesterday that vendors will be charged a transaction fee for payments received via the DuitNow QR code platform from Nov 1.
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