Towards e-payments


I REFER to the letter “Banks are burdening customers” (The Star, Sept 25).

The Association of Banks in Malaysia (ABM) would like to clarify that the cheque processing fee of 50 sen, which was imposed with effect from Jan 2, was implemented with the aim of encouraging a behavioural change in the move towards electronic payment (e-payment) as the preferred payment method.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Opinion , letter , ebanking

Next In Letters

Direct hiring without safeguards will not end exploitation
Strong enforcement vital to curb smuggling of waste
Rethinking cash aid and a path to resilience
Combating corruption with data-driven auditing
Measures to promote trilingual education � �
Make retrenchment planning part of financial management�
Bukit Tagar shelved: Immediate state exco intervention needed for Tanjung Sepat pig farmers
Hidden cost of convenience�
Students should be allowed to take elective subjects
Expanding access to care for cancer patients

Others Also Read