What DuitNow QR payment methods are covered by the fee waiver?

Question

Accepted Answer

DuitNow QR Payment Methods Included in Fee Waiver

Hong Leong Bank and Hong Leong Islamic Bank (HLB) will continue to waive all transaction fees and charges for merchants accepting DuitNow QR payments until further notice. This comprehensive waiver encompasses payments made through various methods, including current and savings accounts, e-wallets, and credit cards. The initiative aims to foster the adoption of digital and cashless transactions nationwide.
Payment Channels Covered

The fee waiver specifically applies to DuitNow QR transactions initiated via current and savings accounts. Additionally, payments channelled through popular e-wallets and credit cards are also included in this fee exemption. This broad coverage ensures that a wide range of transaction types are supported under the waiver.
Additional Service Fee Exemptions

Beyond transaction fees, HLB has also committed to not charging for other associated services. This includes fees for the maintenance of the DuitNow QR service itself. Furthermore, there are no charges for point-of-sales materials necessary for merchants to implement the system.
API Integration Support

The bank also confirmed that no fees will be levied for application programming interface (API) integration. This means that businesses looking to integrate DuitNow QR functionality into their existing systems can do so without incurring additional costs for the integration process. This facilitates smoother adoption for businesses of all sizes.

Reading history

Hide →

This history is cleared when the page is closed.

What DuitNow QR payment methods are covered by the fee waiver?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends