Touch ‘n Go Parking Surcharge To Be Abolished In Stages
Author Avatar

 

Touch ‘n Go Parking Surcharge To Be Abolished In Stages(Image: Malay Mail)

The 10% surcharge for parking fees imposed on users for using Touch ‘n Go cards at certain parking facilities will finally be removed. The abolishment will be done in stages, due to existing contracts with certain carpark operators. Since this charge is inserted into contracts between all parties, removing them immediately is a challenge – thankfully the Domestic Trade and Consumer Affairs have begun addressing this issue.

At Parliament today, Deputy Domestic Trade and Consumer Affairs Minister Chong Chieng Jen said that the ministry will oversee the abolishment of this surcharge, especially on new contracts handed to car park operators and other parties. “New contracts will not require the surcharge while existing contracts that impose the surcharge will be ended and no longer impose the surcharge, and it will be done in stages,” he said. In addition, any renewed contracts must ensure that the surcharge cannot be passed on to customers.


(Image: The Star)

The parking surcharge has long been an issue, with Malaysians not happy that a cashless transaction has an additional charge imposed – the opposite of what developed nations do. Touch ‘n Go in 2017 stated that this surcharge is a “cost recovery mechanism mutually agreed upon by parking operators, building owners, system integration vendors, and Touch ‘n Go”.

(Source: Malay Mail)

 

0 0 votes
Article Rating

SHARE

Comments (0)

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
Top Personal Finance News Articles
Post Image
Petrol Price Malaysia Live Updates (RON95, RON97 & Diesel)
The RinggitPlus Team
- 23rd June 2021
We provide weekly updates on every Friday at 5pm on the prices of RON95, RON97 and Diesel in Malaysia and a chart that shows the movement of fuel prices across a 6-week period. Bookmark this page now!
Post Image
Touch n Go RFID: What Malaysian Road Users Need To Know
Jacie Tan
- 10th August 2018
Everyone’s talking about Touch ’n Go RFID being used at Malaysian highway tolls soon – here’s what you need to know about it.
Post Image
Malaysian Banks And Local Institutions Offer Financial Assistance For Customers Affected By Covid-19
Alex Cheong
- 1st April 2020
(Last update: 1 April 2020, 3.40pm to include FAQs by banks.) With Malaysia going into an extended period […]
Post Image
How to Decide Whether to Buy a New or Used Car
The RinggitPlus Team
- 25th January 2019
Considering an upgrade on your wheels or a first car? The eternal question would be whether to buy a new or used car. We take on the question of buying new or used and turn it inside out to help you make a decision.

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image