PayNet launches real-time retail payment platform


PETALING JAYA: Payments Network Malaysia Sdn Bhd (PayNet) has launched a real-time retail payment platform (RPP) in Malaysia through a partnership with United States-based ACI Worldwide.

In a joint statement, the companies said the first service that would be offered to the public under the platform is DuitNow, an instant credit transfer with a national addressing database that links mobile numbers and national identity numbers to account numbers.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , DuitNow , Schiesser , Paynet , retail , payment , platform ,

Next In Business News

Ringgit firmer vs greenback on rising US-EU tensions
FBM KLCI retreats to 1,700 support as profit-taking accelerates
Trading ideas: IJM, Perak Corp, Kuchai, Favelle Favco, Reservoir Link, OpenSys, Teladan, PJBumi, AirAsia X, M&A Equity, Alliance Bank
AI boom deepens� global memory crunch�
Mixed outlook for Swift Haulage earnings potential
Product growth to enhance Farm Fresh valuation
Japan bonds slump as food tax cut talk adds to election risk
EU weaponising US assets a risk, Deutsche Bank’s Saravelos says
Growing market liquidity poised to buoy Nestle�
Gold and silver jump to record highs on Greenland tariff threats

Others Also Read