Payments

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

Read More

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,

Read More

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

Read More

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

Read More

Wise Becomes First Non-Bank in Malaysia to Offer Apple Pay and Google Pay

Online money transfer service Wise has enabled its Malaysian customers to add its card to Apple Pay or Google Pay on their iOS or Android devices. Wise claims to be the first non-bank in Malaysia to do so. Users will

Read More

Navigating the Challenges and Opportunities of Cross-Border Payments in APAC

In recent years, the payments industry has undergone a paradigm shift, altering the way consumers and businesses interact financially. According to a McKinsey report, the global payments sector is approaching a staggering revenue opportunity of nearly US$2 trillion. In the

Read More

PayNet’s MEEA Spotlights Collaboration, Innovation, Customer-Centricity

On August 16, 2023, Payments Network Malaysia Sdn Bhd (PayNet) hosted the annual Malaysia Excellence in E-Payments Awards (MEEA) to recognise and celebrate the efforts of PayNet’s ecosystem of banks, non-bank participants, businesses, and government agencies for their contributions to

Read More

Be U by Bank Islam Rolls Out New Visa Debit Card

Bank Islam Malaysia has launched the Be U by Bank Islam Visa Debit Card-i which customers can easily apply for via the app and have it delivered to their homes in a few working days. Be U by Bank Islam

Read More

PayNet, Ant Group Enable Tourists to Pay With E-wallets When Travelling in Asia

Payments Network Malaysia (PayNet) and Ant Group have partnered to enable tourists from other Asian countries to pay with their e-wallets in Malaysia. By the end of this year, users of five Asian e-wallets, including AlipayHK, GCash, Kakao Pay, and

Read More

GHL, StanChart Malaysia to Offer Merchants Comprehensive Payment Solutions

Payment solutions provider GHL Systems and Standard Chartered Malaysia have partnered to provide merchants with comprehensive payment solutions. As Standard Chartered’s payment service provider, GHL will provide the bank’s merchants with point-of-sale (POS) terminals and e-commerce payment processing services to

Read More