Payments Network Malaysia Sdn. Bhd. (Malaysia)

Payments Network Malaysia Sdn. Bhd., commonly known as PayNet, is Malaysia's national payments network operator responsible for the development, operation and management of the country's retail payment infrastructure. The company operates shared payment systems that enable electronic fund transfers, interbank payments and real-time transaction processing for financial institutions, businesses and consumers. Its platforms support services such as instant fund transfers, debit card transactions, online banking payments and QR-based payments, facilitating high-volume, secure and reliable payment flows across Malaysia's financial system. PayNet's operations are central to Malaysia's digital payments ecosystem, serving banks, non-bank financial institutions, merchants and end users. The company plays a strategic role in promoting cashless adoption, financial inclusion and interoperability across payment channels. Its positioning is anchored on infrastructure resilience, cybersecurity, regulatory compliance and continuous innovation to support the evolving needs of Malaysia's digital economy.