DuitNow

FPS

Malaysia's instant payment platform. 24/7/365. Proxy-based transfers (phone, NRIC, passport, business registration). DuitNow QR accepted at 2.7M+ merchant touchpoints. Operated by PayNet (jointly owned by BNM and 11 financial institutions). Cross-border QR links with Thailand, Singapore, Indonesia, and Cambodia.

NowHours: computing from the published schedule…Service condition: not monitored details

ClearingPost does not assess whether DuitNow is running normally.

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for DuitNow.

ClearingPost holds sourced upcoming items for 10 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

No substantive change recorded for DuitNow in ClearingPost's change records.

The full activity log for this system, including context notes, is on the Changes page.

Sources ClearingPost reads PayNet · Authoritative (T1) · 13 of 18 fields carry a source and a recorded date · latest sourced entry recorded 27 Aug 2026 · evidence details ↓

Record · DuitNow

Country

Malaysia (MY)

Currency

Malaysian Ringgit (MYR)

Operator

PayNet (Payments Network Malaysia) / BNM

Type

FPS

Operating Window

24/7/365

Year Established

2018

Tier?

Tier 1

ISO 20022?

Native

Region

Asia-Pacific

Settlement Type

Gross (via RENTAS+)

Participants

50+ (banks + e-wallets)

Avg Daily Transactions

~20M+ (2025)

Avg Daily Value

~RM 10.75B

Availability

24/7/365

Notes

Stripe integrated DuitNow-linked Touch 'n Go as a payment method for cross-border ASEAN checkout on August 25, 2026, alongside PromptPay (Thailand) and GCash (Philippines). Cross-border QR transactions across ASEAN reached 36.2 million in 2025, worth approximately $716 million.

PayNet (Payments Network Malaysia) / BNM official website →

Reference Sources

PayNet

Authoritative (T1)Entry recorded Mar 14, 2026

Status →

See all FPS systems →See all systems in Malaysia →ISO 20022 migration status →Payment rails by country →

Other systems in the same country or region

BOJ-NETRTGS

Japan · JPY · Bank of Japan

ZenginACH

Japan · JPY · Zengin-Net (JBA)

HVPS (CNAPS)RTGS

China · CNY · CNCC (China National Clearing Center) / PBoC

CIPSHybrid

China · CNY · CIPS Co.

BEPS (CNAPS)ACH

China · CNY · CNCC (China National Clearing Center) / PBoC

IBPSFPS

China · CNY · CNCC (China National Clearing Center) / PBoC

Operations · DuitNow

Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.

Operations lists the systems ClearingPost monitors and the operational events it has recorded.

Intelligence for DuitNow (4)

Coverage whose headline or summary names DuitNow, or names its operator or country together with its system type. Each item quotes that evidence and says whether the source is the DuitNow operator or external.

NewsJun 4, 2026Headline names “DuitNow”

FOMO Pay Launches DuitNow QR Acceptance in Singapore Ahead of RTS Link Opening

ASEAN's cross-border QR payment network gains another corridor as Singapore-based FOMO Pay prepares to accept DuitNow QR payments from Malaysian visitors, with MYR-to-SGD settlement handled seamlessly for merchants ahead of the Johor Bahru-Singapore rapid transit link.

External source · TechNode Global

AnalysisMay 18, 2026Headline names “DuitNow”

Malaysia's DuitNow QR Doubles to Three Billion Transactions in 2025 as Cross-Border Corridors Expand

Cross-border QR transactions grew 2.5 times to 29.7 million in 2025. A bilateral QR payment corridor with Cambodia launched during the year, joining existing links with Singapore, Thailand, Indonesia and China. India is expected to connect in 2026.

Operator source · PayNet

NewsMar 19, 2026Headline names “DuitNow”

NPCI International and PayNet Sign Agreement for UPI-DuitNow Cross-Border Payments

The rollout is planned in two phases. In the first phase, Indian travellers visiting Malaysia will be able to use their UPI apps to make payments at DuitNow QR acceptance points across the country, including restaurants, retail stores, and tourist attractions. The second phase will enable Malaysi...

External source · NPCI International / PR Newswire