SHAPING THE FUTURE OF DIGITAL PAYMENTS

(From left) PayNet chief commercial officer Gary Yeoh, AmBank Group transaction banking head Jagjit Kaur Ranjit Singh, AmBank Group wholesale banking managing director Jamzidi Khalid, Wavpay chief executive officer Brahma Shakthi, Wavpay chief operating officer Tan Chun Aik and PayNet financial institutions director Muhamad Adlan Hussan at the event to mark the collaboration between Ambank and Wavpay.

AMBANK has announced its collaboration with ewallet provider Wavpay to become the first of PayNet’s indirect retail payments platform (RPP) non-bank participant (NBP) issuer via AmBank.

This collaboration marks a significant milestone for Wavpay, enhancing its ewallet services by leveraging PayNet’s RPP rails, enabling features such as scan-to-pay DuitNow QR and DuitNow transfer functionalities while providing users with a seamless and efficient mobile payment experience.