Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsCredit Cards Maybankard 2 Gold & Platinum Cards V8, Pls read post 1-3 & use Search Topic 1st
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 Nov 17 2013, 10:41 PM
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#1
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Senior Member
707 posts Joined: Feb 2005  
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QUOTE(DarReNz @ Nov 17 2013, 08:35 PM) RM100 AEON Voucher (RM20 x 5pcs) on the spot where? in aeon or maybank one stop?TreatsPoints 25000 (On the Spot)  |
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Dec 21 2013, 06:41 PM
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#2
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Senior Member
707 posts Joined: Feb 2005
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QUOTE(ronnie @ Dec 21 2013, 11:38 AM) You are right in the flow for EzyPay.... banks always pay "on your behalf" first.... they pay on your behalf first because extra commission will be deducted from the merchant. Say if normal commission rate is 1.7%, if you opt for EPP easy payment scheme of 6 months or 1 year, the merchant will have to pay extra .5% to extra 1%. So in fact the merchant is financing the EPP. But most merchants are happy to finance the EPP at higher commission rates since this encourages impulse buys and is seen as an advantage over those who do not offer EPP.This post has been edited by sbd: Dec 21 2013, 06:43 PM |
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