PayNet on track to contribute to tourism growth

At the launch of PayNet’s cross-border digital payment collaboration with Alipay+.

PETALING JAYA: Payments Network Malaysia Sdn Bhd (PayNet) expects to enable cross-border digital payments across the Asian region in the next two years and it is set to facilitate the targeted 23.5 million international tourist arrivals for Visit Malaysia 2026.

This is in line with the group’s new collaboration with Ant Group Alipay+ which is said to provide tourists the convenience of travelling cashless and conduct digital payments via supported wallets and utilising PayNet’s DuitNow QR system.