PayNet

Malaysia's payments firm Payments Network Malaysia Sdn Bhd (PayNet) and China-based Alibaba Group's fintech subsidiary Ant Group have on Wednesday launched their cross-border digital payments collaboration that has enabled travellers from eight regionsto use PayNet’s DuitNow QR in Malaysia, further boosting international tourism and trade among these…

Chinese FinTech firm Ant Group has partnered Malaysian payment firm PayNet to promote payment for inbound and outbound Malaysian travelers. The partnership will enable all Malaysian e-wallets supported by PayNet to be accepted by Alipay+ merchants network globally in 2024.