Small businesses to continue enjoying zero-cost DuitNow transactions: BNM

Major banks and non-bank financial service providers will waive transaction fees for micro and small businesses accepting DuitNow QR payments, says Bank Negara Malaysia (BNM).

The central bank said micro and small businesses will therefore continue to enjoy zero-cost transactions, while for individual customers, the usage of DuitNow QR to make payments will not attract any additional charges.