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MATTA opposes prohibition of credit card surcharge

Last update: 23/03/2018

KUALA LUMPUR, March 23 (Bernama) -- The Malaysian Association of Tour and Travel Agents (MATTA) is unhappy with the prohibition of a surcharge on credit card payments, as it can inconvenience members and the travelling public.

President, Datuk Tan Kok Liang said travel agencies and tour companies operated on low margins, unlike retail outlets at shopping malls.

"As such, a surcharge has to be imposed on credit card payments just to recover the cost of the merchant discount rate (MDR) charged by banks," he said in a statement today.

He said the easy way out for travel agencies and tour companies was to embed the MDR into the pricing, but it would be unfair to the vast majority of customers who paid by cash, cheque or online.

"It would benefit consumers more when charges are transparent and kept as low as possible," he added.....


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