2018/19 Budget: Fee-free electronic transactions come 2019

ELECTRONIC transactions will no longer carry any fees as of January 1 next year at a point of sale machine.

Attorney General Aiyaz Sayed-Khaiyum said this was decided after discussions with all the commercial banks.

“Put simply, if you now go to pay for your groceries at a supermarket, swipe your card they charge you 50 cents,” he said.

“From January 1, there won’t be any fees for you. No Fijian should have to think twice about the cost of swiping their credit or debit card.

“You can now carry less cash and make payments more quickly.”

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