Tag "duitnow"
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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DuitNow QR Malaysia’s Universal Payment QR Now Widely Available
In a media statement issued by PayNet, the company announced that DuitNow QR is now widely available and multiple QRs on storefronts will soon be a thing of the past. They said that DuitNow QR is now offered by 26
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DuitNow to Enable ShopeePay Users to Transfer Funds to Banks and Other E-Wallets
Payments Network Malaysia (PayNet) and Shopee announced a collaboration that will make ShopeePay the first eWallet of an e-commerce platform to join the DuitNow eco-system which PayNet operates. DuitNow is intended to serve an interoperable infrastructure between e-wallet players and
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Touch ‘n Go eWallet Joins the DuitNow Eco-System and Adopts the DuitNow QR Code Standard
Touch ‘n Go eWallet will adopt the DuitNow QR, Malaysia’s National QR Standard and become a participant in the DuitNow eco-system, operated by Payments Network Malaysia (PayNet). DuitNow QR is established under Bank Negara Malaysia’s Interoperable Credit Transfer Framework (ICTF).
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Cyberjaya is The First City to Adopt Malaysia’s National QR Payment Standard DuitNow QR
Finance Minister Lim Guan Eng today launched the Cashless Ecosystem for Cyberjaya, a collaboration between Cyberview and PayNet. In a media statement issued to Fintech News Malaysia, Najib Ibrahim, Managing Director of Cyberview shared that Cyberjaya will be the first
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DuitNow Now Available to 17 More Banks
An additional 17 banks and non-banks will soon launch the DuitNow service as well. Customers wishing to receive DuitNow fund transfers using their mobile number need only perform a simple one-time registration to link their mobile number with their account
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5 Misunderstandings About PayNet’s DuitNow—Answered
Here’s where we stand on this DuitNow function that was launched by PayNet, and will be adopted by 44 banks by 6th December 2018—honestly this should have happened much sooner, and it is a step in the right direction towards
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44 Banks Want to Free You From The Hassle of Memorising Account Numbers
Last friday, some of you may have gotten a potentially questionable text from your banks—that your phone number might be integrated with something called ‘DuitNow’, and that you’re given a specific amount of time to opt out. Many Malaysians were
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