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There are 53 news based on search keyword " payment system"

ASEAN’s Future Remains Positive Amid Geopolitical Tensions In West Asia - Cheah

PETALING JAYA, March 16 (Bernama) -- The outlook for ASEAN remains optimistic despite geopolitical headwinds from the conflict in West Asia involving Iran and the United States, said Sunway Group founder and chairman Jeffrey Cheah.

UPI Rollout To Enhance Payment Efficiency, Reduce Transaction Costs

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- India’s Unified Payments Interface (UPI) system, which is set to enter the Malaysian market, will enhance payment efficiency, reduce transaction costs and support smoother digital transactions between Malaysian and Indian firms, as well as for consumers and diaspora communities.

MHIT White Paper Seen Boosting Healthcare Access – CIMB Securities

KUALA LUMPUR, Jan 23 (Bernama) -- CIMB Securities Sdn Bhd views Bank Negara Malaysia’s (BNM) White Paper on the base medical health insurance/takaful (MHIT) plan as a pivotal step towards broadening healthcare accessibility, with the potential to expand the risk pool across all participating insurance and takaful operators (ITOs).

Monthly SARA Recipients Total 5.6 Mln, With Spending Amounting To RM4.59 Bln -- Amir Hamzah

KUALA LUMPUR, Dec 18 (Bernama) -- An estimated 5.6 million recipients eligible for the monthly SARA aid have been recorded, with total entitlements reaching RM5 billion a year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

BNM Draws Up Plan To Reduce Shareholding In Paynet -- MOF

KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has drawn up a long-term plan to gradually reduce its shareholding in Payments Network Malaysia Sdn Bhd (PayNet).

ASEAN Cross-border QR Payment Surges To 12.9 Million Transactions In 1h 2025 -- BNM Governor

KUALA LUMPUR, Nov 19 (Bernama) -- ASEAN cross-border Quick Response (QR) payment has surged, reaching 12.9 million transactions in the first half of 2025, said Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour.

MoF Appoints Ahmad Hizzad As Labuan FSA Chairman

LABUAN, Nov 13 (Bernama) -- The Ministry of Finance (MoF) has appointed Datuk Ahmad Hizzad Baharuddin as chairman of the Labuan Financial Services Authority (Labuan FSA) for a two-year term from Nov 15, 2025 to Nov 14, 2027.

Malaysia To Strengthen Intra-ASEAN Trade Via Regional Payment System - PM Anwar

KUALA LUMPUR, Nov 4 (Bernama) --  Malaysia will continue to strengthen intra-ASEAN trade by promoting QR payment usage and cash transfer systems as well as expand regional payment connectivity, said Prime Minister Datuk Seri Anwar Ibrahim.

SAMENTA Urges ASEAN To Deepen Intra-Regional Trade Through Collaboration

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 23 (Bernama) -- The Small and Medium Enterprises Association Malaysia (SAMENTA) has urged ASEAN leaders to deepen intra-ASEAN trade through collaboration rather than competition, noting that trade within the bloc remained around 20 per cent for more than a decade.

BNM Expected To Complete Domestic Wholesale CBDC Proof-of-Concept By Year-End -- MOF

KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) is expected to complete its proof-of-concept for a domestic wholesale central bank digital currency (CBDC) by the end of this year.

ANPR Technology: The Future Of Toll Payment Systems In Malaysia

KUALA LUMPUR, Oct 20 (Bernama) -- The adoption of Automatic Number Plate Recognition (ANPR) technology is gaining significant momentum in Malaysia, particularly within the Klang Valley, where it has become a staple in parking facilities and access control systems at commercial buildings. 

ASEAN Centrality Crucial Amid Major Power Rivalry – Tengku Zafrul

By Kisho Kumari Sucedaram

KUALA LUMPUR, Sept 26 (Bernama) -- ASEAN must remain united in upholding its principle of centrality to ensure that economic engagement with major powers does not undermine the grouping’s cohesion, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.