Payments Network Malaysia
- MEPS
- MyClear
59200 Kuala Lumpur
, Malaysia
Area served
Key people
- Farhan Ahmad (CEO)
- eSPICK
- Interbank GIRO
- JomPAY
- MyDebit
- FPX
- DuitNow
- DuitNow QR
Maybank
RHB Bank
Public Bank
CIMB Bank
AmBank
Hong Leong Bank
Affin Bank
Alliance Bank
Bank Islam
Bank Muamalat
Bank Rakyat
MEPS Currency Management Sdn Bhd
Payments Network Malaysia Sdn Bhd (PayNet) is the national payments network and shared central infrastructure for Malaysia’s financial markets. It was formed from the merger between the Malaysian Electronic Payment System (MEPS) and Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) on 1 August 2017.[1] PayNet is Malaysia's premier payments network and central infrastructure for financial markets.
Bank Negara Malaysia (BNM) owns a majority share in PayNet, along with eleven other local financial institutions as joint shareholders.[2]
History
PayNet was formed on 1 August 2017 from the merger of MEPs and My Clear.
Services
The company's current service portfolio includes the following:
- eSPICK – The national cheque clearing system of Malaysia.
- JomPAY – A payment scheme for paying utility bills
- FPX – A direct-to-bank payment gateway.
- DuitNow – Instant account-to-account payment across participating banks and E-wallets.
- DuitNow QR – QR code payment scheme, a contactless payment method.
See also
References
External links
- paynet.my
- jompay.com.my
- duitnow.my
- v
- t
- e
Interbank networks by region
- 123 (Egypt)
- Multicaixa (Angola)
- ArCa (Armenia)
- BEFTN (Bangladesh)
- 1LINK (Pakistan)
- MNET
- ALTO (Indonesia)
- ATM Bersama
- Link
- PRIMA/ATM BCA
- Treats/ATM BNI
- atm5 (Singapore)
- EZ-Link
- MEPS+
- NETS
- BancNet (Philippines)
- ENS
- Nationlink
- CHATS (Hong Kong)
- EPS
- FPS
- JETCO
- Dutch Bangla Bank Nexus (Bangladesh)
- Isracard (Israel)
- LankaPay (Sri Lanka)
- SLIPS
- CEFTS
- PayNet (Malaysia)
- Saudi Payments Network (Saudi Arabia)
- Shetab Banking System (Iran)
- The Benefit Company (Bahrain)
- UnionPay (China)
- ACS [ja] (Japan)
- BANCS [ja]
- LONGS [ja]
- MICS [ja]
- Yucho
- Euronet BANCS (India)
- FIS Cashnet
- CashTree
- MITR
- NFS
- RuPay
- Allied Irish Banks Banklink (Ireland)
- Bancomat (Italy)
- Bancontact (Belgium)
- Currence (Netherlands)
- Girocard (Germany)
- Carte Bleue (France)
- KoronaPay (Russia)
- Mir
- Sbercard
- Link (United Kingdom)
- Vocalink
- Multibanco (Portugal)
- Otto. (Finland)
International |
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- Acculink
- Alberta Regional Network
- Armed Forces Financial Network
- ATH
- CarIFS
- Co-op Solutions
- Discover Network
- Pulse
- FIS
- NYCE
- SUM
- fiserv
- Accel / The Exchange
- MoneyPass
- First Data
- STAR
- MAC
- Interac
- NCR
- Visa
- Interlink
- Presto!
- SHAZAM
- Zelle
- Banco24Horas (Brazil)
- Banelco (Argentina)
- A Toda Hora (Colombia)
- Banred (Uruguay)
- GlobalNet (Peru)
- Redbanc (Chile)
- Category