PayNet (Payments Network Malaysia)

Payments Network Malaysia (PayNet) 200801035403 (836743-D) is Malaysia's premier payments network and central infrastructure for financial markets.

We innovate, build and operate world-class payment systems and financial market infrastructures that safely, reliably and efficiently enable the functioning and development of Malaysia's financial system as well as the economy as a whole.

Bank Negara Malaysia is PayNet's single largest shareholder, with eleven Malaysian financial institutions as joint shareholders

Our Services:
Sistem Penjelasan Informasi Cek Kebangsaan secara Elektronik (eSPICK) - Malaysia's national cheque clearing house.

Interbank GIRO (IBG) - a funds transfer system that allows account-to-account credit transfers between 42 participating banks in Malaysia.

JomPAY - Malaysia’s national bill payment scheme where customers can pay any registered biller from Internet or Mobile banking by drawing funds from Current, Savings or Credit Card accounts. Billers need only sign up with one bank to collect payments via 42 banks.

MyDebit - Malaysia’s domestic debit card scheme, which allows point-of-sale payments using ATM cards issued by banks in Malaysia.

FPX - direct-to-bank Internet payment gateway, which facilitates Internet payments and e-commerce purchases using savings and current accounts.

Direct Debit - allows billers and merchants to debit a consumer’s bank accounts on a periodic basis to collect recurring payments.

DuitNow - pay instantly to any account or to a DuitNow ID such as mobile number or NRIC number.

DuitNow QR - Malaysia’s National QR Standard where any compliant QR Code can take payments from any participating Banks and e-Wallets mobile apps.

Shared ATM Network and MEPS ATM - enables bank customers to conveniently access their funds anywhere from more than 10,000 ATMs of participating banks.