QUOTE(ronnie @ Aug 24 2023, 02:20 PM)
those with T+0, usually because it's the ON-US settlement.meaning acquiring bank = issuing bank, therefore bank can offer lower MDR to merchant for signing up with them if the cardholders are majority from same bank.
T+0 same-day settlement is a selling point for merchants to get their sales fund fast instead of the usual T+x settlement cycle.
you should try non-Maybank cards, and compare the settlement/posting period.
This post has been edited by cybpsych: Aug 24 2023, 02:38 PM
Aug 24 2023, 02:38 PM

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