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.

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