News & Reviews: Payments Network Malaysia Sdn Bhd

PayNet confirms that DuitNow QR payments will be charged MDR from 1 November 2023

Sep 28, 2023

Amidst various reports of increased costs for those using DuitNow QR codes or QR codes to make wireless payments, Payments Network Malaysia Sdn Bhd (Paynet) recently confirmed that all applicable DuitNow QR payments will be charged MDR or the Merchant Discount Rate starting from 1 November 2023.

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