Tower 2A, Avenue 5, Bangsar South,
8 Jalan Kerinchi,
59200 Kuala Lumpur
,
Malaysia
Area served
Malaysia
Key people
Farhan Ahmad (CEO)
Products
eSPICK
Interbank GIRO
JomPAY
MyDebit
FPX
DuitNow
DuitNow QR
Services
Financial services
Parent
Bank Negara Malaysia Maybank RHB Bank Public Bank CIMB Bank AmBank Hong Leong Bank Affin Bank Alliance Bank Bank Islam Bank Muamalat Bank Rakyat
Subsidiaries
Malaysian Electronic Payment System Sdn Bhd MEPS Currency Management Sdn Bhd
Website
paynet.my
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]
^"Merger of MyClear and MEPS – Strengthening Malaysia's Payments Infrastructure to Accelerate Migration to E-Payments – Bank Negara Malaysia". www.bnm.gov.my. Retrieved 2023-03-17.
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