KUALA LUMPUR: Payments Network Malaysia Sdn Bhd (PayNet) has cleared the air about the imposition of a DuitNow QR transaction ... the estimated benefit of going cashless to businesses far ...

ALSO READ: Make waiver for DuitNow QR payments permanent ... have made in pushing the industry to go cashless," he added. In a statement earlier, PayNet confirmed that merchants will be charged ...

Alipay+ payments made up more than 80% of cross-border inbound QR payments via DuitNow in 2024, according to data released by the Payments Network Malaysia (PayNet) and Ant International.

“The PayNet Digital Campus 3.0 initiative, spearheaded by Payments Network Malaysia Sdn Bhd (PayNet) aims to accelerate the adoption of cashless transactions in ... the use of digital payment methods ...

In addition, PayNet’s real time retail QR payments network, DuitNow, is also interoperable with domestic schemes in Singapore, Thailand, and Indonesia to enable seamless cross-border ...