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SHAPING THE FUTURE OF DIGITAL PAYMENTS

AmBank has announced its collaboration with ewallet provider Wavpay to become the first of PayNet’s indirect retail payments platform (RPP) non-bank participant (NBP) issuer via AmBank. ....

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UnionPay International Accelerates Interconnection and Interoperability of QR Code Payment Network in Southeast Asia

UnionPay International ("UPI" or "the Company") recently added Lao's LAPNet and Malaysia's PayNet to their rapidly expanding QR code payment network, enabling the acceptance of UnionPay mobile payment products by local QR code merchants, as well as the use of mobile banking apps and e-wallets supported by PayNet and LAPNet in UnionPay QR code network standards covering retail, catering, campus, transportation, and medical care, among many other scenarios. ....

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BNM: Micro, small businesses to continue enjoying zero-cost transactions via DuitNow QR payments

KUALA LUMPUR: Major banks and non-bank financial service providers will waive transaction fees for micro and small businesses accepting DuitNow QR payments, says Bank Negara Malaysia (BNM). ....

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