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PayNet (DuitNow / FPX) logo

PayNet(DuitNow / FPX)

On BNM register

Malaysia's national payments backbone: FPX, DuitNow & DuitNow QR

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FPXDuitNow QR

Infrastructure·Shared national rails behind FPX and DuitNow. You connect through a gateway, not directly.

Not ranked

rates not fully published

FPX
—
Card
—
Setup
—
Settlement
—

On request

No comparable published rates

FPX (online banking)—
Card (local credit/debit)—
E-wallet—
DuitNow QR—
Setup fee—
Monthly / annual fee—
Minimum transaction—
Settlement—

PayNet (Payments Network Malaysia Sdn Bhd) operates Malaysia’s shared payment rails: FPX (direct-to-bank online payments), DuitNow (instant transfers), DuitNow QR (the national QR standard), JomPAY and MyDebit. It is majority-owned by Bank Negara Malaysia.

It is included here as infrastructure, not a merchant gateway: a business cannot “sign up with PayNet” to accept payments. Instead, the payment gateways elsewhere in this directory connect to PayNet’s rails on a merchant’s behalf, and those gateways set the actual fees. This entry exists so the rails behind FPX and DuitNow are documented; its fee fields are intentionally left blank (“—”).

Compare PayNet with

Herepay logoHerepay

RM1.07

est. per RM100 sale

Fasspay logoFasspay

RM1.12

est. per RM100 sale

M1Pay logoM1Pay

RM1.16

est. per RM100 sale