News & Reviews:   HSBC

Yesterday, there was an online buzz going around regarding DuitNow QR. An RHB Reflex user received an email about the bank introducing a transaction fee for DuitNow on 1 November 2023. In the email, it is stated that 0.25% of the transaction value will be imposed on a savings account or ewallet, and 0.50% from a credit card. This does not apply to normal consumers, though.

Apple Pay officially entered Malaysia in August last year, though not many banks provide support for the feature at launch. Well, some 5 months later, it looks like Apple Pay is getting more traction, with HSBC being the latest bank to integrate the contactless payment feature with its credit cards. 

Today, Google Malaysia is excited to announce Google Wallet is now available in Malaysia. Like other eWallets, Google Wallet provides a simpler and other helpful payment experience to people, as well as supporting digital items such as boarding passes and credit cards. 

As some of you already know, Maybank and Ambank have officially launched their Apple Pay service. But are there any other banks? Well, yes albeit only one at the moment which is Standard Chartered bank. 

Just recently, Alliance Bank made an announcement that the MyDebit Cash Out fee has been revised. Starting from 1 July 2022 onwards, the initial RM0.00 fee will become RM0.50 per cash-out transaction by every MyDebit cardholder.