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DuitNow QR: PayNet to impose transaction fees on merchants starting 1 Oct

PayNet officially confirmed that DuitNow QR transaction fees will be imposed on merchants very soon. However, banks and acquirers can waive the fees if they want to.

PayNet Clarifies Recent Issues Surrounding DuitNow QR Fees

Payments Network Malaysia (PayNet) has released a statement to clarify the recent furore over the implementation of a 0.25% fee for DuitNow QR payments.

Hong Leong Bank wins two awards at MEEA 2023 from PayNet

KUALA LUMPUR: Hong Leong Bank Bhd (HLB) has been named "Best e-Payments Bank" and "Best e-Payment Acquirer Bank" at the Malaysia e-Payments Excellence Awards (MEEA) 2023 from Payments Network Malaysia (PayNet).

HLB wins two awards at MEEA 2023 from PayNet

HLB wins two awards at MEEA 2023 from PayNet
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Grab and Singtel s GXBank gets approval to operate in MY from Bank Negara Malaysia

GXBank, a subsidiary of GXS Bank and the digital bank joint venture between Grab and Singtel, has received the approval to commence operations from the Minister of Finance and Bank Negara Malaysia (BNM) ahead of the April 2024 deadline set by BNM for the approval of digital brank licenses. GXBank is

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