Fiuu processed USD13 bil in 2025, up 32.65% YoY — to expand Click-to-Pay, UnionPay and cross-border payments in 2026 - SoyaCincau

Fiuu processed USD13 billion in 2025, up 32.65% YoY, with plans to expand Click-to-Pay, UnionPay and cross-border payments across Southeast Asia in 2026.

SoyaCincau
MCash eWallet now supports DuitNow QR and DuitNow Transfers - SoyaCincau

MCash eWallet has integrated with PayNet, allowing users to pay, send and receive funds via DuitNow QR and DuitNow Fund Transfers.

SoyaCincau
MCash Officially Becomes PayNet Partner; Enables DuitNow QR and Transfers

MCash, the e-wallet provider, recently announced that it had enable DuitNow functionality through its partnership with PayNet.

Lowyat.NET
Praveen Rajan Assumes PayNet CEO Role

PayNet has announced that Praveen Rajan is now CEO, having taken over outgoing Group CEO Farhan Ahmad, who ended his tenure on31 January.

Lowyat.NET
MOF: Bank Negara Malaysia To Reduce Stake In PayNet

Bank Negara Malaysia (BNM) is preparing a long-term plan to gradually reduce its shareholding in Payments Network Malaysia Sdn Bhd (PayNet), the operator of the country’s core payment infrastructur…

Lowyat.NET
OpenSys Pilots PalmWav, A Prototype Palm-Recognition Payment Technology

OpenSys Technologies Sdn Bhd has introduced PalmWav, a prototype palm-recognition technology for seamless, device-free payments in Malaysia. The system is designed to integrate with the country’s e…

Lowyat.NET
MAE Turns 5: Maybank offers 5% p.a. returns and cashback

MAE turns 5! It has 10.7 million users and recorded over RM4 trillion in digital transactions. They are now offering 5% p.a. returns and cashback up to RM15.

SoyaCincau

PayNet CEO Farhan Ahmad To Step Down From Role By Late January 2026 #fintech #paynet

https://www.lowyat.net/2025/365822/paynet-ceo-farhan-ahmad-to-step-down/

PayNet CEO Farhan Ahmad To Step Down From Role By Late January 2026

Payments Network Malaysia Sdn Bhd (PayNet) announced today that its Group Chief Executive Officer, Farhan Ahmad, will step down from his role effective 31 January 2026. The company has appointed Pr…

Lowyat.NET
PayNet Partners with Alipay+, Weixin Pay To Boost Tourist Spending In Malaysia

PayNet has announced a collaboration with Alipay+ and Weixin Pay to streamline cashless transactions for tourists in Malaysia.

Lowyat.NET
PayNet, Alipay+ and Weixin Pay launch DuitNow QR promos for Chinese Tourists visiting Malaysia - SoyaCincau

Chinese tourists can easily make payments by scanning DuitNow QR codes with their Alipay and Weixin Pay eWallets at over 2.5 million merchants in Malaysia.

SoyaCincau