Malaysians made a lot of e-payment transactions last year. Read on to see how many we as a country made on average.
In total,e-payment transactions were made in 2022, an increase of about 25% when compared with transactions made in 2021 . According to the Assistant Governor of BNM, Abd. Rahman bin Abu Bakar, on average Malaysians madeHe also shared that 100,000 new QR registrations were made last year, with an overall QR registration standing at 1.7 million as of the first quarter of 2023.
In regard to the DuitNow QR transaction fee, the Assistant Governor said that the industry has taken the appropriate steps to reduce the effect on businesses, regardless of size. He assures that BNM is working with all stakeholders to ensure the convenience of e-payment can be enjoyed by everyone, wherever they are.that DuitNow QR transaction fees will be waived for micro and small businesses. There will also be no new costs for individual customers as well.
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