Revenue Group to beef up payment ecosystem for PayNet


Revenue managing director and group CEO Datuk Eddie Ng Chee Siong said upon completion, the platform will be integrated with and used by more than 30 banks throughout Malaysia.

KUALA LUMPUR: Payment solutions provider Revenue Group Bhd will build a crucial component in payment ecosystem for Payments Network Malaysia Sdn Bhd (PayNet) to be used in Malaysia.

The company said on Monday it had secured a contract to provide the MyDebit tokenisation platform for PayNet – which is the national payments network and central infrastructure for Malaysia’s financial markets.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Oil ends week lower on China demand fears
99 Speed Mart inks IPO underwriting agreement
Undoing the 5G monopoly
On the up and up
Kucingko makes stellar debut on ACE Market
PETRONAS reaches FID on Pengerang biorefinery
Finding the right chemistry
ESG reporting standards must be elevated
China to resort to consumer stimulus
KL Metro to build RM1.6bil five-star resort in PD

Others Also Read