Tag Archives: TnG eWallet

Duit Now – Malaysia National QR Code For Banks And eWallets

Below is a statement copied from Duit Now’s website:

DuitNow QR is Malaysia’s National QR Standard established by PayNet under the BNM’s Interoperable Credit Transfer Framework. Through DuitNow QR’s interoperability, any compliant QR Code can take payments from any participating Banks and e-Wallets.

Soon every merchant in Malaysia will only be displaying the Duit Now QR Code. Why? Because the merchant will get the payment credited into his/her bank account instantly.

The government has even started to impose traders to accept eWallets in order to obtain a Trading License. Click here to read a report at The Malay Mail titled E-wallet among licensing requirements for market traders in Putrajaya, says deputy minister.

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