'USD transaction fee aimed at ensuring sustainability'

6 days ago

Bank of Maldives (BML) states a fee has been imposed on transactions conducted via websites such as Temu in order to ensure sustainability in e-commerce transactions. Maldives’ national bank announced its decision to charge a transaction fee up to 30 percent for purchases from six e-commerce sites – Temu, Shein, Alibab, AliExpress, Lazada and eBay – on Monday. The fee is only