KUALA LUMPUR: TNG Digital Sdn Bhd has decided to maintain the current fee structure for DuitNow QR transactions until further notice.
"This very much aligns with our commitment as the leading digital wallet provider in Malaysia, in providing convenience through our payment services to small and medium-sized businesses across physical and online infrastructure, all within a safe and secure environment," said TNG Digital chief executive officer Alan Ni.
TNG Digital said it is is committed in supporting the national digital inclusion agenda and SME businesses with a reliable and cost-efficient digital payment method.
"With a long-term perspective in mind, a reasonable merchant fee is needed to cover costs and investments needed by the industry to upkeep their payment systems which include cybersecurity and fraud prevention controls.
"For now, no additional fees will be implemented for our merchants until the industry aligns and moves forward together," it said.