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From MATHAI TAMAN MELAWATI of Kuala Lumpur
In the article “SMEs set to gain from e-payment” published on Feb 14, the 10 sen charge mentioned in the article is for the interbank GIRO fund transfers done via Internet or mobile banking and not for all e-transactions as reported.
KUALA LUMPUR: Small and medium enterprises (SMEs) stand to gain from a shift to e-transactions in their everyday business, given the convenience and minimal human error.
KUALA LUMPUR: Businesses have responded well to the migration to e-payments, with a positive take-up rate of 60% to 70% at the roadshows by the Association of Banks in Malaysia (ABM).
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