ChoonHo Loi's Contact Details

ChoonHo Loi's Company Details

PayNet Payments Network Malaysia

, Kuala Lumpur, Malaysia • 201 - 500 Employees
Financial Services

Payments Network Malaysia (PayNet) 200801035403 (836743-D) is Malaysia's premier payments network and central infrastructure for financial markets.We innovate, build and operate world-class payment systems and financial market infrastructures that safely, reliably and efficiently enable the functioning and development of Malaysia's financial system as well as the economy as a whole. Bank Negara Malaysia is PayNet's single largest shareholder, with eleven Malaysian financial institutions as joint shareholdersOur Services:Securities Services - facilities custody of all unlisted debt securities in Malaysia covering the entire bond lifecycle from issuance to trade settlement and depositoryFully Automated System for Tendering (FAST) - facilitates issuance and tendering for all government securities, BNM papers, private debt securities and money market instrumentsSistem Penjelasan Imej Cek Kebangsaan (eSPICK) - Malaysia's national cheque clearing house.Interbank GIRO (IBG) - Facilitates account-to-account credit transfers between banks in Malaysia.JomPAY - Malaysia's national bill payment schemeMyDebit - Malaysia's domestic debit card scheme FPX - Direct-to-bank Internet payment gateway, which facilitates Internet payments and e-commerce purchases using savings and current accounts.Direct Debit - Allows billers to debit a consumer's bank accounts on a periodic basis to collect recurring payments.Shared ATM Network and MEPS ATM - Enables bank customers to conveniently access their funds from more than 10,000 ATMs in MalaysiaInstant Transfer - Allows bank customers to transfer funds immediately.Smart Card and Certification Services - Provides certification of chip cards, acceptance terminals, and payment systemsCurrency notes processing for Bank Negara Malaysia