PayNet to expand cashless initiatives across more tertiary institutions


PayNet senior director of the Government Digitalisation Division Firdaus Ghani

KUALA LUMPUR: Payments Network Malaysia Sdn Bhd (PayNet) plans to expand its cashless payment initiatives to more tertiary education institutions, in collaboration with universities and student councils, as part of efforts to deepen digital payment adoption among students.

The move builds on strong growth in campus-based digital transactions, with Malaysia’s university campuses recording 58.7 million digital transactions in 2025 under the PayNet Digital Campus 4.0 (PDC 4.0) initiative, more than double the 24.4 million recorded in 2024.

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PayNet , PDC 4.0 , Firdaus Ghani

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