Great news for employees who are blacklisted by banks will still have a reliable way to receive their wages. Official gazette issued by the Minister of Human Resources in Malaysia. It details a legal order under the Employment Act 1955, specifying approved issuers of designated payment instruments for wage payments, effective from August 1, 2024, to July 31, 2027. It lists companies recognized for this purpose, such as Bayo Pay, FINEXUS Cards, and others, and outlines the conditions under which these issuers are recognized for the disbursement of salaries.
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