BruPay has waived all fees across its eWallets in the midst of the COVID-19 outbreak in the country.
The withdrawal fee of 1.5 per cent and merchant-to-merchant transaction fee of BND0.25 or 0.25 per cent (whichever is higher) have been removed from the platform to assist local businesses accept contactless payments for takeaways and deliveries, a release stated on Tuesday.
BruPay Chief Executive Officer (CEO) Haji Sophian bin Dato Seri Setia Dr Haji Mat Suny said, “Micro, small and medium enterprises (MSMEs) don’t have the luxury of having a credit card machine or means to collect payment online other than bank transfers”, and thus the company wants to “do our part for the local business community by enabling them to receive contactless payments at no extra cost”.
Retailers have been more conscious of handling cash due to the risk of COVID-19 transmission, he noted. In response, the company is waiving all charges to encourage people to adopt a more hygienic means of transaction.
“Rather than touching banknotes, which maybe a vehicle for the coronavirus, anyone can send and receive payments from the comfort of their home during self-isolation. This will lessen the risk of contact with the virus,” he said.
He added, “The situation at hand is difficult for most of us, and we wish to offer our empathy, support and well wishes to all those affected by the virus during this time.”
-- Courtesy of Borneo Bulletin