Armizan warns traders against imposing extra charges for cashless payments

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Armizan warns traders against imposing extra charges for cashless payments
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PAPAR: The Domestic Trade and Cost of Living Ministry (KPDN) has issued a stern warning to all traders for imposing additional charges for providing cashless payment.

PAPAR: The Domestic Trade and Cost of Living Ministry has issued a stern warning to all traders for imposing additional charges for providing cashless payment.

“This is the rule set by Bank Negara. We will take action if there are traders who charge extra on users for cashless payment,” he told reporters after attending a private company’s bus and lorry handover programme here today. In a related development, Armizan said cashless society is a global trend and the use of cashless payment is encouraged not only in Malaysia but also around the world.In this regard, he said there is no act or regulation that prevents any business premises if they only want to specialise in cashless payments only.

However, Armizan said the government understands that some users are still not used to using cashless transactions, including in areas with problems of telecommunications.

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