PayNet (Payments Network Malaysia)

#Throwback to #MEPSCASH in 1999 – A Journey of #JiwaMerdeka 🇲🇾 Ever wondered how #Malaysia started its journey toward a cashless society? 🤔💡 In the spirit of our 67th #Merdeka celebrations and as we approach #MalaysiaDay, we’re excited to launch #ThrowbackFriYay, a new initiative where we look back at key moments that shaped our nation’s #cashless landscape. Every Friday, we’ll highlight milestones that contributed to Malaysia’s digital payment evolution. To kick things off, does anyone remember reloading their cards way back in 1999? Let’s take a walk down memory lane. 💭 1️⃣ September 1999 – The birth of #MEPSCASH: Malaysia's first reloadable card, launched by MEPS (now #PayNet). Within just two weeks, RM210,000 was reloaded, showing how eager #Malaysians were to embrace #CashlessPayments. 📲 2️⃣ Today – We’ve evolved with #MyDebit, delivering an easy, safe, and convenient cashless payment experience. This isn’t just about technology but also a reflection of Malaysia’s growth in #DigitalLiteracy and our push to stand tall on the global stage among other international powerhouses. 🌎 Join us every #ThrowbackFriYay as we share more milestones that define Malaysia’s cashless journey. Let's keep pushing for innovation and shared prosperity for all Malaysians. Together, we can proudly uphold the spirit of #JalurGemilang and build a legacy for future generations.🇲🇾❤️ #HariMalaysia #CashlessJe #DigitalMalaysia

This is Cerita Kami (Our Story), at PayNet.   We are thrilled to celebrate our national month by sharing a special video that entails the essence of PayNet and our values.   As we honor the rich history and achievements of our country, we are also reminded of our resilient journey in elevating Malaysia’s digital economy. For us, leading the national payments network is a massive responsibility as well as potential. Knowing that every decision we make is impacting millions of lives is rewarding when we know our purpose. Through every collective effort and collaboration, PayNet strives to improve livelihood and increase shared prosperity for all Malaysians. And we wouldn’t be able to do that if it weren’t for our engrained values that unite us all through “Jiwa Merdeka”.   At PayNet, we embody that every day - a freedom to innovate and create progress for Malaysia, one payment at a time. Let’s appreciate and celebrate our “Jiwa Merdeka”, lifting the spirit of Jalur Gemilang high in our hearts and hands, continuously creating a Warisan that we’re proud to leave behind, and for future generations to build on.   Watch our video and experience the journey we’ve embarked together.   Malaysia, we’re proud to call you home. 🇲🇾   #PayNet #Merdeka67 #CeritaKami

#PayNet was thrilled to host 25 young talents from Maybank X-celerate x Thriving Talents earlier this month! These bright minds from Malaysia, Vietnam, China, Indonesia, and Singapore were immersed in a day of learning and exploration. Our Chief People Officer, Shafenaz Farouk, kicked off the day with a warm welcome before taking the participants on a guided tour of our innovative Southpoint Office. The knowledge-sharing session, titled “Sustainable Tomorrow for Malaysia’s Financial Ecosystem,” delved into the cutting-edge technologies shaping our industry. Aloysius Kin Faa Chong, Head of Fraud & Projects, captivated the audience with insights on PayNet Secure & The National Fraud Portal, showcasing how AI, data, and policies are fortifying our financial landscape. Dr. Endry Lim Zhen Wen Lim, Chief of Staff, took the stage next, offering a deep dive into the evolution of payments. He highlighted our commitment to building a sustainable future and ensuring shared prosperity through each transaction. The day wrapped up with a lively fireside chat, where Aloysius Kin Faa Chong and Dr. Endry Lim Zhen Wen engaged in an interactive discussion moderated by Micheal Teoh from Thriving Talents. They explored the future of AI and the impact of the National Fraud Portal, PayNet Cambah, and PayNet Akar on Malaysia’s economy. We look forward to welcoming other ecosystem players as we continue to drive innovation with #aspiration and #grit.

PayNet Group CEO, Farhan Ahmad was interviewed by Astro AWANI's Cynthia Ng. Farhan shared PayNet’s goals for a cashless #Malaysia, our latest innovations, and how we’re enhancing financial security through strategic partnerships. Watch the interview at the link below and learn how we facilitate Malaysia's commerce as well as how we aim to push Malaysia's #digitaleconomy even higher! #financialinclusion #sharedprosperity #DuitNowQR

PayNet (Payments Network Malaysia) is proud to support the launch of Sekolah Anak Malaysia (SAM), Malaysia’s first #digital school founded by LeapEd Services today. This groundbreaking initiative marks a significant step forward in transforming Malaysia’s education landscape. By funding the school’s industry-linked curriculum and providing #scholarships, we’re empowering the next generation with the skills and knowledge they need to excel in the digital age. Our partnership with LeapEd reflects our vision to spark early interest in digital and financial literacy, ensuring students are fully equipped to thrive in today’s rapidly evolving financial landscape. Together, we’re shaping a brighter, more inclusive future for all 🌟👩🏻🎓👨🏻🎓 #PayNet #DigitalSchool #FutureReady #DigitalLiteracy #EducationInnovation #DigitalTransformation #EdTech #FutureOfEducation #TechInEducation

We’re thrilled to announce the official launch of the much-awaited National Fraud Portal (NFP) held today! This one-of-a-kind initiative positions #Malaysia as a global leader in combating financial fraud. Developed and administered by PayNet (Payments Network Malaysia) in partnership with Bank Negara Malaysia and the financial industry, the NFP unites the financial ecosystem to safeguard the public against evolving financial threats. We’re excited to see the positive impact the NFP will have in bolstering the resilience of Malaysia’s #digitalpayment ecosystem.

At PayNet (Payments Network Malaysia), we're passionate about staying at the forefront of the evolving product and design landscape. As consumer behaviors shift and technology advances, we’re more committed than ever to actively engage with our community. Recently, we had the pleasure of partnering with #FuseCon and MalaysianPAYGAP to host one of their dynamic satellite events. Our very own product leader, Arvindd Selvaratnam, shared insightful perspectives on why customer-centricity, commercial viability, and technical feasibility are the cornerstones of creating impactful solutions. Our products like #DuitNow, #MyDebit, #FPX, and #JomPay are essential services, deeply embedded in the daily lives of millions, processing nearly three times Malaysia’s GDP in 2023. Looking ahead, PayNet is focused on simplifying and innovating payment and non-payment solutions. Our goal? To redefine the payments landscape for the next decade with cutting-edge initiatives like #crossborderpayments, #openfinance, and leveraging #AI in #cybersecurity. By addressing user pain points, we aim to scale these innovations both domestically and regionally. Together, let’s shape the future of payments!

Last week, PayNet celebrated its 7th anniversary while commemorating the many milestones we have achieved together since the merger of MyClear and MEPS in 2017. To date, we have embarked on a meaningful journey as Malaysia’s digital payments infrastructure provider. We would like to extend a BIG THANK YOU to all our customers and partners for continuously supporting our efforts in empowering Malaysia’s digital economy and contributing to our shared prosperity! At PayNet, we are committed to continuing our innovation, enhancement, and ensuring the security of the digital payments landscape for all Malaysians. 🎉💪 #PayNet #7thAnniversary #SharedProsperity #DigitalEconomy

We’re excited to join Malaysia’s Prime Minister, Datuk Seri Anwar Ibrahim in congratulating Shahnaz Al-Sadat, the chairperson of LeapEd Services, for being selected as one the 10 finalists for the Asia Education Medal. Shahnaz is the only Malaysian representative amongst other 9 remarkable influentials that propel and drive quality, inclusive education for Asia and beyond.   As a nation-building organisation, PayNet is honoured to collaborate with Shahnaz on her latest initiative – Sekolah Anak Malaysia (SAM), the country’s first ever digital school. SAM aims to provide quality education that empowers every child through curated and flexible learning alongside the national curriculum. Our shared commitment to building an inclusive and accessible educational ecosystem that nurtures Malaysia’s future talent marks the beginning of a promising partnership.        Please stay tuned for updates of our collaboration! 😊   Again, congratulations Shahnaz and PayNet looks forward to being a part of your amazing nation building journey.   #PayNet #LeapEd #SekolahAnakMalaysia #AsiaEdMedal2024 #InclusiveEducation

We are thrilled to share highlights from an inspiring event with PayNet’s Ladies in Action (LIA), Women @ MAG and Women in Rail at Malaysia Airlines Academy. Our discussions focused on DEI values and women’s leadership development.   We were honoured to hear from amazing women leaders like Yin May Lau (Chairperson of Women @ MAG & Group Chief of Branding & Customer Experience at MAG), Nina Jamil (Executive Director of Women in Rail & Senior Communication Manager at YTL Construction) and our very own Prof Jun Maria Tan Abdullah (Founder of PayNet’s LIA & Senior Director at Projek Akar).   Listening to their experiences gave us valuable insights into women empowerment and the importance of including men in these conversations.   Let’s continue to work together to create more inclusive and equitable workplaces!   Check out the highlights in our latest video here: https://lnkd.in/gx6t2XsY   #PayNet #LadiesinAction #WomenEmpowerment #Leadership #DiversityAndInclusion #WomenInLeadership #DEI #Empowerment #Collaboration Yee Jing L. Aira Pandawa Heliziana Madzin Nik Sofia Azalea Nik Azamuddin Phyllisia Ng Rafidah Amin