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No charges imposed on DuitNow QR merchants at present: Maybank | Scoop

77DCB190-6F92-4937-ACF5-4268E09957CA-scaled — Maybank has today informed that it has not implemented any fees in relation to DuitNow QR and that this will continue until further notice. – Bernama pic, September 29, 2023

No charges imposed on DuitNow QR merchants at present: Maybank

Bank says any changes will be communicated to merchants ahead of time

Updated 29 September, 2023

29 September, 2023

10:23 AM MYT

KUALA LUMPUR – Maybank today informed that it has not implemented any fees in relation to DuitNow QR and that this will continue until further notice.

“Rest assured that 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.

PayNet, which operates the DuitNow QR code, recently clarified that a four-year waiver on merchant discount rate (MDR) charge on merchants is due to expire this November 1.

Currently, debit and credit card payments are subject to the MDR. – September 29, 2023

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