‘No delays in paying merchants’


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

“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?” Dr Wee contended in a Facebook post yesterday.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Negri reps leave Umno HQ without speaking to media after meeting
Malaysia, UNODC strengthen pact against complex transnational crimes
University holdings, including UiTM Holdings under review since 2025, says Zambry
Malaysia, Kazakhstan to revive higher education cooperation, says Zambry
Bangkok floods: Embassy distributes food aid to flood victims
Year Two Pupil dies in crash on the way to school
Negri crisis: BN reps arrive for talks with Ahmad Zahid
Anwar congratulates Eain Yow for defending Asiad squash gold
Dr Zaliha denies officiating groundbreaking ceremonies for Myanmar refugee settlements
Brewhaha: RM1mil in smuggled coffee seedlings, lorry seized

Others Also Read