AirAsia To Scrap Processing Fees For Card And Online Banking Payments

AirAsia To Scrap Processing Fees For Card And Online Banking Payments

AirAsia will no longer charge processing fees for payments made through credit/debit cards and online banking, starting from October.

AirAsia group chief executive officer Tan Sri Tony Fernandes made the announcement yesterday (July 30) via Twitter.

Currently, AirAsia’s processing fee starts at RM4 and can go up as high as RM16. However, this processing fee is waived if the passenger pays for their flight with BigPay, AirAsia’s e-wallet application.

The removal of the processing fees for card payments is in line with Bank Negara Malaysia’s announcement last year that merchants are not allowed to impose a surcharge on card payments. According to Bank Negara, one of the reasons merchants impose the surcharge is to recover the costs incurred by them when they accept these payments.

[Source]

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