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KUALA LUMPUR: The Government has no authority to exempt fees for consumers who use cashless payments as this was entirely up to service providers, the Dewan Rakyat was told Tuesday.
KUALA LUMPUR: CIMB Bank Bhd has clinched five awards at the Malaysian e-Payments Excellence Awards 2017 (MEEA) for its contribution to the growth of e-payments in the country.
KUALA LUMPUR: OCBC Al-Amin Bank Bhd launched its Shariah-compliant version of OCBC Bank (Malaysia) Bhd’s high interest-bearing savings account OCBC 360. I
MIRI: The signature verification card payment transaction for cardholders will be gradually abolished to make way for the implementation of the pin and pay system on July 1, 2017.
MORE people are turning to electronic funds transfer services to perform financial transactions.
KUALA LUMPUR: While significant progress has been made in reducing the usage of cheques in Malaysia, promoting the use of debit cards as an alternative to cash has been less successful, said Bank Negara.