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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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

Ringgit rebounds to end firmer against US dollar
Steel Hawk secures call-out contract with PETRONAS Gas
SC records 3,380 complaints on scams, unlicensed activities as of 3Q24
Alliance Bank appoints Amirsham as chairman
Sunway REIT completes RM215mil acquisition of 163 Retail Park, rebranding it as Sunway 163 Mall
Glostrext to acquire 70% stake in Powertecs to diversify into power systems
FBM KLCI slips in line with region as Public Bank leads decline
Govt expects more digital investment in 2025 - Gobind
Oil markets may draw strength from Middle East flare-up, China stimulus
BP says weak refining margins to hit Q3 profit

Others Also Read