PayNet targets 35% yearly volume growth to 6 billion


Payments Network Malaysia Sdn Bhd (PayNet) group chief executive officer Farhan Ahmad.

KUALA LUMPUR: Payments Network Malaysia Sdn Bhd (PayNet) continues to see strong growth in its usage with transaction volumes that are targeted to exceed six billion this year.

This figure is a growth of some 35% or so from the previous year’s figure of 4.4 billion, according to the national payments network and shared central infrastructure operator’s group chief executive officer Farhan Ahmad.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read