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Home News Current Affairs

Bank Negara Clarifies That No Minimum Spend Is Necessary For Payment Using Cards

by Gowri
December 12, 2017
Source: HostelHunting

Source: HostelHunting

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A Facebook post went viral some time last week after a user by the name Ikram Zidane sent a message to Bank Negara.

In his message, Ikram asked the bank if it was legal for merchants to impose a minimum amount of purchase for card payment. Bank Negara responded and clarified that merchants are actually prohibited from doing such things.

Source: Ikram Zidane

We contacted Bank Negara, and they confirmed that this is true. They also encourage consumers to lodge a complaint against merchants who impose such rules. You can send Bank Negara the merchant’s name, address, acquirer’s name, and explain the situation to them.

Well, now we know!

Bank Negara
https://lomp.at/unhvd
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