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