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PayNet appoints Fasspay as third-party acquirer for MyDebit Monday 12 April 2021 13:52 CET | News Payments Network Malaysia has appointed Fass Payment Solutions (Fasspay), a subsidiary of Soft Space, to be a third-party acquirer for MyDebit, the Malaysia’s domestic debit card scheme. The collaboration with the national payments network and shared central infrastructure for Malaysia’s financial markets allows Fasspay to acquire small merchants and offer them its suite of payment solutions. The onboarding and approval process, including the KYC compliance requirements, can be performed remotely for merchants interested in signing up with Fasspay. Fasspay will introduce ‘Fasstap,’ a Tap on Phone payment solution coupled with Fasspay’s loyalty platform. The company informed that merchants using Fasstap can use their own mobile devices as a contactless POS terminal to accept payments with MyDebit ATM cards via the Fasstap app.

Payments network malaysiaFass payment solutions fasspayFass payment solutionsSoft spaceகொடுப்பனவுகள் வலைப்பின்னல் மலேசியாபாஸ்ஸ் கட்டணம் தீர்வுகள்மென்மையான இடம்