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PayNet (Payments Network Malaysia) | Fintech Finance News

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 Nexus Global Payments appoints PayNet and NETS joint venture as Nexus Technical Operator, with Andrew McCormack, Praveen Rajan, and Lawrence Chan leading global payments interoperability.

Nexus Global Payments Appoints Technical Operator

February 9 2026

Nexus Global Payments (NGP) appoints Payments Network Malaysia (PayNet) and Network for Electronic Transfers Singapore (NETS) joint venture as the Nexus Technical Operator (NTO). This follows a competitive procurement process involving global bidders and marks a major milestone in building an interoperable global payments infrastructure.

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Alipay+ Empowers New Growth Opportunities for Malaysian SMEs, Contributing More Than 80% of Inbound QR Payments via DuitNow

March 17 2025

In their first full year of partnership in 2024, Payments Network Malaysia Sdn Bhd (PayNet) and Ant International, a leading global digital payment, digitisation and financial technology provider, brought new economic opportunities to Malaysian SMEs, with Alipay+ making up more than 80 percent of cross-border inbound QR payments via DuitNow. In the peak travel season in December 2024, the partnership enabled 6 times growth in revenue for Malaysian merchants, compared to the same period in 2023.

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 Alipay+ Partners With PayNet to Promote Seamless Payment for Inbound and Outbound Malaysian Travellers | Fintech Finance News

Alipay+ Partners With PayNet to Promote Seamless Payment for Inbound and Outbound Malaysian Travellers

August 29 2023

More Asian travellers to Malaysia will enjoy a seamless digital payment experience at over 1.8 […]

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Gary Yeoh

Gary Yeoh