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PayNet opens direct participation to Malaysian acquirers and issuers

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요구 사항

  • Bank Negara Malaysia licence, Malaysian legal entity
  • Three years of experience or a qualified shareholder
  • TPA: equity from RM500k and 1M+ transactions a year
  • EMI: equity from RM5M

제공 사항

  • Direct access to DuitNow Transfer, DuitNow QR and MyDebit

Direct PayNet participation in Malaysia's national payment network is open to acquirers and e-money issuers licensed by Bank Negara Malaysia. Payments Network Malaysia offers them a connection to its retail payment products without intermediaries.

Network products - DuitNow Transfer for instant transfers; - DuitNow QR for QR payments; - MyDebit, the national debit scheme; - direct payment-network participation.

Some products on the list are marked as coming soon, so their availability should be confirmed.

Other entity types are asked to enquire.

Geography Malaysia only. No volume is stated, since participants route their own traffic through the network.

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