14d ago
KUALA LUMPUR, April 23 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) processed 8.44 billion digital payment transactions in 2025, reflecting how digital payments are increasingly the preferred payment method across Malaysia, driven by continued adoption across banks, non-banks participants, businesses and consumers.
21d ago
KUALA LUMPUR, April 15 (Bernama) -- 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.
1m ago
KUALA LUMPUR, March 31 (Bernama) -- E-payment transactions grew by 25 per cent to 18.4 billion, compared to 14.7 billion in 2024, with each Malaysian making 538 e-payments in 2025 on average, a 25 per cent increase from 432 in 2024.
2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 10 (Bernama) -- India’s Unified Payments Interface (UPI) system, which is set to enter the Malaysian market, will enhance payment efficiency, reduce transaction costs and support smoother digital transactions between Malaysian and Indian firms, as well as for consumers and diaspora communities.
3m ago
From Fatin Umairah Abdul Hamid
BANGKOK, Jan 13 (Bernama) -- Singapore-based digital payments and financial services provider Ant International supported more than two billion cross-border digital transactions in 2025 for merchants across its core emerging markets, including Southeast Asia, South Asia, the Middle East, and Latin America.
4m ago
KUALA LUMPUR, Dec 24 (Bernama) -- Malayan Banking Bhd (Maybank) is currently experiencing intermittent slowness affecting DuitNow services, including QR payments, transfers, bill payments and related transactions.
5m ago
KUALA LUMPUR, Dec 1 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) has refreshed the design of the DuitNow QR standee to enhance the visibility and consistency of Malaysia’s national quick response (QR) standard.
5m ago
KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia is now the fastest-growing digital economy in Southeast Asia (SEA), with an increase of 19 per cent year-on-year (y-o-y), and on track to reach gross merchandise value (GMV) of US$39 billion (US$1=RM4.13) this year.
5m ago
KUALA LUMPUR, Nov 19 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) remains committed to working closely with Bank Negara Malaysia (BNM) and industry players to advance cashless adoption through a secure and inclusive e-payment ecosystem
5m ago
GEORGE TOWN, Nov 10 (Bernama) -- Rapid Bus Sdn Bhd (Rapid Bus), the operator of Rapid Penang On-Demand, will introduce a new booking app called Rapid On-Demand starting Nov 15, replacing the current Kummute app.
6m ago
KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) has launched RENTAS+, an enhancement to Real-time Electronic Transfer of Funds and Securities to enable continuous interbank funds transfer and settlement 24/7, 365 days a year.
10m ago
By Jailani Hasan
LABUAN, July 2 (Bernama) – Neurogine Sdn Bhd’s flagship product, Neurogine n2Tap, has been adopted by Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) as part of the bank’s i‑MerchantRAKYAT initiative.