Payments

AmBank Customers Can Now Add Their Visa and Mastercard to Google Wallet

AmBank’s Mastercard and Visa credit cardholders can now add their cards to Google Wallet, following the bank’s recent integration with Google Pay. This enables AmBank customers with Visa and Mastercard credit cards to use Google Wallet for contactless payments at

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PayNet Launches ‘MY TouristPay’ App with DuitNow QR Payments for Malaysia’s Visitors

Payments Network Malaysia (PayNet) announces the launch of ‘MY TouristPay App’, an application designed to facilitate seamless payments for tourists in Malaysia. This app allows international travellers to make payments using the DuitNow QR network without needing a Malaysian bank

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Navigating APAC’s Financial Transformation for Customer and Competitive Gains

In a region experiencing rapid digitalisation, Asia-Pacific is projected to lead global cashless transaction growth and surpass 50% of the world’s volumes, according to the PwC Payments 2025 & Beyond report. Although presenting abundant growth opportunities, this dynamic landscape brings

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RinggitPay: Redefining Business Payment Operations Through Strategic Partnerships

RinggitPay, a home-grown payment platform, is on a mission to simplify payments for Malaysian businesses and their customers. By offering a comprehensive suite of digital payment solutions in collaboration with renowned Malaysian banks and industry-specific ecosystem partners, RinggitPay has processed

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Instant P2P Fund Transfers Now Enabled Between Singapore and Malaysia

The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have unveiled a new real-time payment linkage connecting Singapore’s PayNow and Malaysia’s DuitNow. This facilitates instant person-to-person (P2P) cross-border fund transfers, allowing users to transfer funds between the two

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Travelers From 7 Countries Can Now Use Their Alipay-Supported E-Wallets in Malaysia

Travelers from eight countries can now use Alipay+ supported e-wallets to make digital payments in Malaysia by scanning PayNet’s DuitNow QR at over 1.8 million merchants nationwide. Effective 31 October 2023, travelers with the following Alipay+ supported wallets can make

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Charting the Fintech Evolution with TNG Digital’s Journey

In a Fireside Chat held at the Fintech Frontiers Conference Malaysia 2023, Alan Ni, CEO of TNG Digital, shared insights into the remarkable journey of his company, which was recently awarded the title of Fintech of the Year.  Moderated by

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Curlec by Razorpay Now a Member of PayNet

Malaysian payments firm Curlec by Razorpay has become a member of the Payments Network Malaysia (PayNet). Curlec is the first new PayNet member since 2019. As a member of PayNet, Curlec will be able to adopt the DuitNow product suite,

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Boost & CelcomDigi Team With Mastercard to Launch ‘Pay Later’-Capable Beyond Card

Boost, in a collaborative effort with CelcomDigi and Mastercard, has rolled out the Beyond Card in Malaysia. This card facilitates payments from the Boost wallet balance or through a pre-approved ‘Pay Later’ credit line, introducing an innovative payment concept to

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PayNet, BNM Clarify the DuitNow QR Transaction Fee Confusion

There has been significant furore ever since it was revealed that a transaction fee would begin to be imposed on merchants for accepting payments via the DuitNow quick-response (QR) code service, originally slated to start on 1 October. Public outcry

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