Dr Wee: Banks should not delay payments to merchants


PETALING JAYA: With the increasing use of epayments, banks should no longer use public holidays and weekends as an excuse to delay payments to merchants, says MCA president Datuk Seri Dr Wee Ka Siong.

"After all, banks do not stop charging interest on loans during public holidays and weekends, so why should they benefit from the free float when they delay payments to merchants?" wrote Dr Wee in a Facebook post on Friday (Jan 26).

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Dr Wee Ka Siong , Epayments , Banks , Merchants

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