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.

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