Malaysia · Account Transfer + QR · Est. 2018
Malaysia's unified real-time payment platform operated by Payments Network Malaysia (PayNet). DuitNow supports instant transfers via mobile number, NRIC, passport number, or business registration, with DuitNow QR enabling interoperable merchant payments across all banks and e-wallets. The system also includes DuitNow Request (request-to-pay) and DuitNow Autodebit for recurring payments. Cross-border QR linkages with Thailand's PromptPay, Singapore's PayNow, and Indonesia's QRIS are live or in progress.
DuitNow is Malaysia’s real-time payment system (Account Transfer + QR), launched in 2018. Malaysias unified real-time payment platform operated by Payments Network Malaysia (PayNet).
DuitNow processed 4.5 billion transactions worth $330.0bn in 2025, a year-on-year change of +28.6%.
DuitNow is operated by PayNet, with instant settlement.
DuitNow launched in 2018, and today has 45 participating institutions.
DuitNow supports QR code payments, digital wallets, proxy/alias lookup, request-to-pay.
Data source: PayNet.
| Capability | Status |
|---|---|
| QR Code Payments | ✓ |
| Wallet Support | ✓ |
| 24/7 Availability | ✓ |
| Cross-Border | ✓ |
| ISO 20022 | ✓ |
| Request to Pay | ✓ |
| Open API | ✓ |
| Alias/Proxy | ✓ |