Tag - Payments

STR Phase 3 payments begin today

KUALA LUMPUR: The disbursement of the Sumbangan Tunai Rahmah (STR) Phase 3 payment to 8.5 million recipients will begin on Thursday (Aug 29). “Existing beneficiaries will start receiving Phase 3 STR payments today. New beneficiaries and appeals will be paid starting Wednesday (Sep 18),” the Finance Ministry announced on X on Thursday. Those approved to receive the...

Mercuryo announces fiat-to-crypto on-ramp services for Tether on TON

Mercuryo, a global payments company, has partnered with TON to introduce fiat-to-crypto conversion services for USDT. The initiative began with integrating Tonkeeper, a self-custody wallet that supports transactions in Layer 1, The Open Network (TON), and other digital currencies. Aviessa Khoo, Executive Director at Mercuryo, Singapore, expressed satisfaction with the introduction of on-ramp services for Tether tokens (USDT)...

Local bank confirms it will waive DuitNow QR fees and charges

KUALA LUMPUR: Hong Leong Bank and Hong Leong Islamic Bank (HLB) will continue to waive transaction fees and charges for all merchants accepting payments via DuitNow QR until further notice. The bank said the move was part of its ongoing commitment to promote digital and cashless payments across the nation. "The waiver of transaction fees and charges...

Clerk loses over RM1mil in love scam

SIBU: A 56-year-old female clerk here was cheated of RM1.06mil in a love scam, says Sarawak deputy commissioner of police Datuk Mancha Ata. He said Sibu police had on Monday (July 31) received a report from the 56-year-old woman claiming that she was conned by a man she met on social media. "The victim said she met...