Tag "PayNet"

Yayasan Khazanah and PayNet Renew Scholarship for Muslim B40 Students

Malaysia’s scholarship provider Yayasan Khazanah has renewed its partnership with Payments Network Malaysia (PayNet) to continue the Wakalah PayNet-Yayasan Khazanah Scholarship Programme. This collaboration aims to support high-achieving Malaysian Muslim B40 students in their undergraduate studies in fields such as

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Euronet Becomes Largest Non-Bank ATM Operator in Malaysia with MEPS ATM Acquisition

Euronet, a global financial technology solutions and payments provider, announced today the completion of the acquisition of the Malaysian Electronic Payment System (MEPS) ATM terminals of Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and central financial infrastructure

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NEXEA and PayNet Launch Accelerator to Support Malaysian Payment Startups

NEXEA, a venture capital and startup accelerator firm, has joined forces with Payments Network Malaysia (PayNet) to launch an accelerator programme. The PayNet Accelor programme aims to foster innovation in the country’s startup ecosystem, particularly focusing on digital transformation in

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TNG Digital and PayNet Teams up to Promote Digital Payments in Sabah

TNG Digital and PayNet Launch ‘Cashless Seja Bah!’ Campaign in Sabah to Promote Digital Payments TNG Digital and PayNet have initiated the ‘Cashless Seja Bah!’ campaign in Sabah, focusing on promoting cashless transactions. The campaign, launched at Gaya Street Night

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RHB-PayNet’s Sound Box Delivers Instant Audio and Display Alerts for QR Payments

RHB Bank, in partnership with Payments Network Malaysia (PayNet), has launched the DuitNow QR Plug & Play sound box in a bid to step up payment security. According to RHB, it is the first bank to introduce the device. This

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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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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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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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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

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TNG Digital Ties up With Bank Rakyat to Enable In-App JomPAY Bill Payments

Touch ‘n Go eWallet has formed a strategic partnership with Bank Rakyat to enable in-app bill payments via JomPAY. JomPAY is the nation’s bill payment service which is run and operated by Payments Network Malaysia (PayNet), the national retail digital

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