Fiji Sun, 18 May 2019 – BSP, is enhancing its support for the national initiative to move Fijians towards a cashless society.
BSP Country Head Haroon Ali has announced BSP will waive its EFTPoS Merchant Service Fee for below $5 transactions and also lower the same fee to 1% for above $5 transactions capped at $0.40 to encourage the use of debit cards below $40.00 worth of purchases for goods and services.
Using EFTPoS service became free for all Fijians on their debit cards following a Government policy effective the 1st of January 2019, however EFTPoS merchants continued to pay the same service fees to the Bank.….read more
