“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

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