Paydibs Expands PayNet Ecosystem Role Through Direct DuitNow QR Integration
5 min read
Paydibs has strengthened its position within Malaysia’s digital payment ecosystem after successfully onboarding as a direct participant with Payments Network Malaysia (PayNet) for DuitNow QR (DNQR) acceptance. The strategic move marks a significant upgrade to the company’s infrastructure while reinforcing its role as a merchant acquirer that delivers faster, more efficient and streamlined payment solutions for businesses nationwide.
Prior to this, Paydibs had already been offering seamless DuitNow QR acceptance to merchants through third-party arrangements with strategic partners. However, its new direct integration with PayNet now allows the company to connect directly to Malaysia’s national payment network for DuitNow QR transactions. This also complements Paydibs’ earlier direct integration with FPX (Financial Process Exchange), enabling merchants to access both online banking payments and QR transactions through a single unified platform.
The development comes at a time when QR payment adoption in Malaysia continues to accelerate rapidly. More than three million merchants across the country now accept QR payments following the addition of over 680,000 new DuitNow QR touchpoints in 2025 alone. At the same time, digital payments have become deeply embedded in daily life, with 8.44 billion transactions processed throughout the year. The growing numbers place Malaysia among the world’s leading adopters of QR payments, reflecting the nation’s continued push toward a digital economy and cashless ecosystem.
To ensure transactions remain secure and efficient, Paydibs also leverages dynamic QR functionality, enhancing payment security while delivering a smoother checkout experience for both merchants and consumers. Direct participation with PayNet further enables faster settlement cycles, improved operational cost efficiencies and greater control over payment processing.
For merchants, the enhanced infrastructure translates into better cash flow visibility and quicker access to funds. At the same time, Paydibs simplifies merchant onboarding and payment support processes, offering businesses a more seamless and manageable payment ecosystem that supports stronger day-to-day financial operations.
Chief Executive Officer of Paydibs, Tee Kean Kang, said the integration reflects the company’s ongoing commitment to strengthening its role within Malaysia’s payment landscape. According to him, direct participation with PayNet for DuitNow QR enables Paydibs to provide faster settlements, greater operational control and more efficient payment services for merchants through a single streamlined platform.
The move also builds on the company’s broader infrastructure advancements, including the launch of Paydibs NEO, Malaysia’s first all-in-one smart terminal that integrates QR, card and Buy Now Pay Later (BNPL) payment options into one device. These initiatives align closely with the objectives of Bank Negara Malaysia and PayNet in accelerating digital payment adoption among MSMEs across the country.
With stronger multi-rail payment capabilities and direct connectivity to PayNet, Paydibs is now better positioned to support the expansion of Malaysia’s domestic digital payment ecosystem while preparing merchants for future innovations and pilot programmes within the national payment infrastructure.
