GrabPay DuitNow QR provides seamless access to everyday essential and retail needs
MANY of us have embraced online shopping and contactless payments in store as we abide by the strict standard operating procedures (SOPs) and physical distancing.
Echoing this, a Bank Negara Malaysia (BNM) report, the volume of ewallet payments have increased by 131% since 2019. Furthermore, it found that the number of merchants who registered for QR code payment acceptance has risen by 164% since 2019, indicating that businesses are accepting for cashless payments.
Meanwhile, Grab – through its in-app wallet GrabPay – recently rolled out the GrabPay DuitNow QR nationwide. Operated by Payments Network Malaysia Sdn Bhd (PayNet), DuitNow QR is designed to encourage nationwide adoption of cashless payments and the digital economy through the use of an interoperable QR code.