PETALING JAYA: GCH Retail (Malaysia) Sdn Bhd, which operates the Giant hypermarket chain, today launched its e-debit transaction service at all 128 stores nationwide to provide the convenience of cashless transactions to Malaysian shoppers, said Marketing Director Ruben Brusch.
Brusch said besides eliminating the risk and costs arising from handling cash, it also lowered the cost of doing business as the merchant discount rate for ATM/debit cards was at 40% lower than international branded debit and credit cards.
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