Slashed fee sees rise in online banking activities


Macro Kiosk Berhad CEO Kenny Goh says online banking activities have increased since the fees were slashed by Bank Negara last month.

PETALING JAYA: With online inter-bank transaction fee slashed to 10 sen from RM2, banks are seeing increased activity on their online banking sites.

Macro Kiosk Bhd, which is the mobile service provider for major local banks here, finds that there had been a significant jump in online banking transactions since the surcharge fee was reduced in May.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Bomb squad rushed to KLIA after 'explosive' laptop found
Sabah Customs seizes smuggled alcohol worth over RM1.9mil at Sepanggar Port
Malaysian professor honoured by Hungarian university for advancing exercise medicine
Railway Infrastructure of Johor-Singapore RTS over 70% complete, says Transport Minister
KKB by-election: Slander will only hurt Indian community, says Ramanan
Anwar wants more women in top civil service posts
Najib Razak did not instruct US$1.03bil 1MDB fund transfer, court told
Over 3,000 compounds were issued during Ops Hari Raya Aidilfitri in Melaka
MCA and Fujian to forge stronger ties for mutual prosperity
Gilley's claim of Malaysia being 'unsafe' refuted by US travel advisory

Others Also Read