“Real Time” coming of age in APAC | Malaysia Blueprint presented at GPS

 

MyClear

Tay Gim Soon | COO | PayNet (previously MyClear) | Kuala Lumpur

Meeting growing customer demands for immediacy in an increasingly online, inter-connected world,  Payments Network Malaysia (PayNet) is well on its way to implement real-time payments nation-wide. At GPS, we will obtain insights into the real-time payments implementation in Malaysia. Our track-session will be an essential briefing session and update with ample time for discussions and Q&A. We are very happy to have Mr Tay Gim Soon, COO of PayNet present this special session.

Real-Time Payments enables corporates better access to liquidity, faster transitions between payment authorization and service provision, and cash flows are more transparent. For consumers, real-time payments will allow access to funds within seconds and the convenience of making payments on 24×7 basis. Both B2B and B2C will benefit and improve the customer experience.

Real-Time Payments:  the-state-of-the-art in Asia

  • RTP developments in APAC
  • Key efficiencies and impact
  • Blueprint implementation in Malaysia with Payments Network (PayNet) case

 

Read more news from Malaysia on MyClear and PayNet:
BNM Press: Merger of MyClear and MEPS – Strengthening Malaysia’s Payments Infrastructure to Accelerate Migration to E-Payments
The Star MY: Bank Negara unit MyClear to set up new retail payment platform

  • GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit The wallets war just got to a whole new level in Malaysia https://t.co/yfJJxICF4o #wallet #fintech #wechat 9 hours ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @reach2ratan: AliPay CEO Jack Ma Confirms Successful 3-Second #Blockchain Remittance https://t.co/8daWq8jRYB #CyberSecurity #infosec #… 10 hours ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Vote for the best out of our 10 nominees at the Florin Asia Innovation Awards! Stand a chance to win a free delega… https://t.co/9oWk6H1wn6 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Sign of the times? UOB to launch digital bank in key ASEAN markets: https://t.co/ykI5CKugGG #payments #fintech #banking 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Definitely not the way forward to encourage e-payments! Who wants to get paid in months?! Hawkers at new Pasir Ris… https://t.co/hoouDFiuXx 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Do you know about IFAA? @AntFinancial founded this alliance to dev standards on biometric authentication. Interope… https://t.co/SvGaMEiZn1 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Last 3 days for the early bird discount at Global Payment Summit 2018! Get your registrations done asap and don't… https://t.co/ybC14uK2RW 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Are cashless society just a con for big finance and payment companies? Who hates being nudged away from cash?… https://t.co/NTIUoYICmr 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Is there a fair playing field for banks and fintechs? Join our panel at GPS! Get in touch if you'd like to speak?… https://t.co/tYLKC1pyxK 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit A cashier's job is sure complex these days! Look at the plethora of payment options, bill payments, and top up for… https://t.co/1OuYuhhMD6 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @retailasiamedia: UnionPay. LiquidPay tie-up to expand QR code payment acceptance in Singapore https://t.co/2y7qJDKgWQ #retailasia #Unio 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Have an innovative solution in the #payment experience? We invite you to enter the Florin Asia Innovation Awards!… https://t.co/vQEWHm1B4J 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @SuperChargerFT: Don’t miss the chance to showcase your payment solution at @GlobalPaySummit and stand a chance to win the Florin Asia… 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit WeChat pay launches in Malaysia targeting 20million existing users! #wechatpay #malaysia #payment #wechat #wallet https://t.co/8jIUhRZ4ET 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit GPS 2018 will be at the brand new FourSeasons KL opening Aug 2018. We're excited to be in an awesome location this… https://t.co/4ggiOhe5ma 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechSIN: Rapid development for #Fintech in Singapore for the month of June Read more:https://t.co/VraTUCfmIz Subscribe here: https:/… 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit One of the world’s most prominent promoters of ICOs is calling it quits https://t.co/fFM21p5ZW8 via @markets #ICO #Mcafee 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @AusPayNet: Media Release: The Digital Economy report - our ninth milestones report reveals the shift to a digital economy in Australia… 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Interesting policy evaluation on BNM's Payments card reform framework! https://t.co/CLUS5W2sKr 9 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Malaysia's QR code standard by PayNet - unified experience for all? https://t.co/W3sX44AsQ3 #QRcode #Malaysia #PayNet 9 weeks ago
  • Also interesting
    Speeding up Financial Inclusion: Broadening our Social Responsibility Commitment
    Written on 15 August '18 by
    READ MORE
    Bankers' Challenge: Compete or Collaborate?
    Written on 2 August '18 by
    READ MORE
    IFAA - China's experience with biometric, authentication and standardization
    Written on 25 July '18 by
    READ MORE
  • Speakers 2018