From left: Farhan Ahmad, group CEO, PayNet; Datuk Sri Abdul Rasheed Ghaffour, Governor, Bank Negara; and Douglas Feagin, president, Ant International
KUALA LUMPUR: Payments Network Malaysia Sdn Bhd (PayNet) and Ant International have entered a new memorandum of understanding (MOU) to collaborate on driving tourism through cross-border digital payments, strengthening fraud defences, talent development, and advancing sustainability.
In a statement, Malaysia's national payments network said the newly inked MoU marks a major milestone in enabling acceptance worldwide of Malaysia’s national QR standard, DuitNow QR, through Ant International's global wallet gateway, Alipay+.
