Fintech News Malaysia Among Recipients at PayNet’s 2025 e-Payments Awards

Fintech News Malaysia was among those recognised by Payments Network Malaysia (PayNet) at the Malaysian e-Payments Excellence Awards (MEEA) 2025.

The ceremony, held at The St. Regis Kuala Lumpur and themed “Leading Progress, Recognising Impact”, honoured 30 recipients across 22 categories.

This marks the first time media organisations have been included among the award winners.

PayNet, which serves as the backbone of Malaysia’s national payments infrastructure, said more than 2.9 million DuitNow QR touchpoints are now active nationwide.

This expansion has widened access for consumers and small merchants as digital payments continue to grow across the country.

“Malaysia’s digital payments ecosystem has advanced rapidly, powered by industry-wide collaboration. In 2024, PayNet processed transactions worth almost four times Malaysia’s gross domestic product, reflecting the scale and trust the ecosystem has built together.

The Malaysian e-Payments Excellence Awards 2025 recognises the very organisations that have helped make digital payments the norm for Malaysians everywhere,”

said Farhan Ahmad, Group Chief Executive Officer of PayNet.

Bank Negara Malaysia Governor Dato’ Sri Abdul Rasheed Ghaffour attended as guest of honour, underscoring the shared commitment across the industry to strengthen secure and accessible digital payments.

He previously shared that Malaysia ranks second globally for QR payment usage, supported by interoperable infrastructure and strong collaboration among financial institutions, fintech firms and businesses.