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Tag: #Paydibs

  • Paydibs Becomes Direct PayNet Participant for DuitNow QR Acceptance

    Paydibs Becomes Direct PayNet Participant for DuitNow QR Acceptance

    Paydibs Sdn Bhd (“Paydibs”), Malaysia’s merchant-first payment gateway, has successfully become a direct participant with Payments Network Malaysia (PayNet) for DuitNow QR (DNQR) acceptance.

    This direct integration represents a significant upgrade to Paydibs’ payment infrastructure. While the company has already been offering seamless DNQR acceptance to merchants nationwide through established third-party arrangements with strategic partners, this move to direct participation with PayNet further strengthens its position as a robust merchant acquirer within Malaysia’s digital payments ecosystem.

    With this enhancement, Paydibs now connects directly to Malaysia’s national payments network for DuitNow QR, building on its earlier direct integration with FPX (Financial Process Exchange). This allows merchants to enjoy unified access to real-time payment rails, covering both online banking via FPX and QR payments via DNQR, all through a single streamlined platform.

    The development comes amid the rapid expansion of QR-based payments in Malaysia. Today, more than 3 million merchants nationwide accept QR payments, following the addition of over 680,000 new DuitNow QR touchpoints in 2025 alone. At the same time, digital payment usage has become deeply embedded in everyday life, with 8.44 billion transactions processed in 2025. Malaysia is now recognised among the world’s leading adopters of QR payments, reflecting the country’s continued progress towards a digital economy.

    As digital payment adoption continues to grow, secure and reliable transactions remain essential. Paydibs addresses this through its dynamic QR functionality, which enhances transaction security while delivering a smooth and efficient checkout experience for both merchants and customers.

    Direct participation with PayNet also enables faster settlement cycles, improved cost efficiencies and greater control over transaction processing. For merchants, this results in improved cash flow visibility and quicker access to funds, supporting better financial management.

    In addition, Paydibs streamlines merchant onboarding and support processes while maintaining stronger oversight across the payment flow. Businesses benefit from a more unified payment experience, with simplified operations, improved visibility and faster access to funds.

    Chief Executive Officer of Paydibs, Tee Kean Kang, said the integration reflects the company’s continued commitment to strengthening its role within Malaysia’s payments ecosystem.

    He said that by going directly with PayNet for DuitNow QR, Paydibs is enhancing its position as a merchant acquirer, enabling faster settlements, greater control and more efficient payment operations for businesses. At the same time, merchants benefit from simplified payment acceptance through a single platform with access to DuitNow QR across banks and eWallets.

    This development builds on Paydibs’ 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) functionality into a single device. Together, these initiatives reflect Paydibs’ strategy of strengthening national payment rail connectivity while delivering practical, merchant-first solutions.

    Aligned with Bank Negara Malaysia and PayNet’s objectives to accelerate digital adoption among MSMEs, Paydibs continues to identify meaningful merchant use cases and actively participate in ecosystem initiatives that support the wider adoption of national payment solutions.

    With strengthened multi-rail capabilities and direct connectivity to PayNet, Paydibs is well positioned to support the continued expansion of digital payments in Malaysia while preparing merchants for future enhancements and pilot programmes within the national payment ecosystem.

    For more information, visit Paydibs official website

  • Paydibs Expands PayNet Ecosystem Role Through Direct DuitNow QR Integration

    Paydibs Expands PayNet Ecosystem Role Through Direct DuitNow QR Integration

    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.

  • PMKS Kini Mudah Dilindungi: Paydibs dan Great Eastern Perkenal Insurans Bersepadu

    PMKS Kini Mudah Dilindungi: Paydibs dan Great Eastern Perkenal Insurans Bersepadu

    Paydibs Sdn Bhd (“Paydibs”), gerbang pembayaran yang memberi fokus kepada peniaga di Malaysia, telah menjalin kerjasama strategik dengan Great Eastern General Insurance (Malaysia) Berhad (“Great Eastern”) bagi memperkenalkan penyelesaian insurans bersepadu yang direka khusus untuk menyokong perusahaan mikro, kecil dan sederhana (PMKS). Di Malaysia, PKS merangkumi kira-kira 97% daripada keseluruhan perniagaan, menyumbang sekitar 39% kepada KDNK dan menyediakan 48% daripada jumlah pekerjaan. Walaupun mempunyai peranan penting dalam ekonomi, banyak PKS masih kekurangan perlindungan insurans yang mencukupi, sekali gus mendedahkan mereka kepada risiko operasi.

    Melalui kerjasama ini, perlindungan insurans terpilih akan digabungkan bersama terminal pembayaran Paydibs, iaitu penyelesaian pembayaran fizikal yang membolehkan peniaga menerima pembayaran digital. Dengan mengintegrasikan insurans dalam ekosistem terminal tersebut, peniaga yang menggunakan pembayaran digital dapat menikmati perlindungan perniagaan yang praktikal dan disesuaikan untuk keperluan operasi harian mereka. Ketua Pegawai Eksekutif Paydibs, Tee Kean Kang, berkata kerjasama ini mencerminkan peranan platform fintech yang semakin berkembang dalam menyokong PMKS lebih daripada sekadar menyediakan perkhidmatan pembayaran. Beliau menekankan bahawa masa depan pemerkasaan peniaga terletak pada pembinaan ekosistem perniagaan yang bersepadu, di mana akses kepada kestabilan, perlindungan, dan alat pengurusan risiko sama penting dengan kemampuan menerima pembayaran.

    Ramai peniaga kecil masih tidak mempunyai perlindungan insurans yang mencukupi kerana produk insurans tradisional dianggap rumit atau kurang relevan dengan operasi harian perniagaan. Melalui inisiatif ini, Paydibs dan Great Eastern berhasrat merapatkan jurang tersebut dengan menyepadukan perlindungan ke dalam ekosistem pembayaran, sekaligus memudahkan akses kepada insurans melalui alat yang sedia digunakan oleh peniaga. Ketua Pegawai Eksekutif Great Eastern, Jeremy Yeap, menyatakan bahawa perusahaan kecil merupakan tulang belakang ekonomi Malaysia, namun ramai yang masih kurang dilindungi daripada risiko harian. Dengan bekerjasama dengan Paydibs, mereka dapat menjadikan insurans lebih mudah diakses, relevan, dan praktikal, membantu peniaga beroperasi dengan lebih yakin serta memberi tumpuan kepada pertumbuhan.

    Insurans ini menggabungkan perlindungan asas dalam satu pakej menyeluruh, termasuk kerosakan tidak sengaja kepada premis perniagaan akibat kebakaran, banjir atau pecah masuk, kehilangan wang tunai semasa dalam transit atau disimpan di premis, liabiliti berkaitan majikan, serta gangguan operasi yang tidak dijangka. Dari perspektif peniaga, perlindungan ini disepadukan sebagai sebahagian daripada penawaran terminal Paydibs, membolehkan mereka menikmati perlindungan tanpa perlu melalui proses permohonan insurans berasingan. Great Eastern menyediakan kepakaran underwriting, pemantauan tadbir urus, dan keupayaan penstrukturan produk bagi memastikan program ini kekal mampan dan diurus dengan baik dalam jangka panjang.

    Kerjasama ini juga menyokong strategi lebih luas Paydibs dalam menyediakan penyelesaian menyeluruh untuk peniaga, termasuk penerimaan pembayaran, pembayaran keluar, dan pembiayaan perniagaan, sekaligus mengukuhkan peranan syarikat sebagai rakan infrastruktur perniagaan bagi PMKS. Dengan mengintegrasikan perlindungan dalam aliran kerja perniagaan sedia ada, program ini membantu mengurangkan halangan kepada penggunaan insurans serta merapatkan jurang perlindungan dalam kalangan peniaga yang kurang mendapat perkhidmatan. Untuk maklumat lanjut, sila layari https://paydibs.com/.

  • Paydibs Launches COD Solution That Integrates Payment and Delivery in One Seamless Process

    Paydibs Launches COD Solution That Integrates Payment and Delivery in One Seamless Process

    Paydibs Sdn Bhd has introduced a new cash-on-delivery (COD) solution designed to streamline the payment and shipment process for merchants by integrating both functions into a single workflow. The newly launched feature allows businesses to manage COD transactions seamlessly from the point of checkout through to fulfilment, offering a more efficient and simplified approach to handling COD orders within one unified system.

    The rollout begins with an initial collaboration with a national logistics provider, with Pos Laju serving as the first fulfilment partner. Paydibs plans to gradually expand the solution to include additional logistics providers in the coming quarter, providing merchants with greater flexibility and wider delivery options as the platform continues to grow.

    With the introduction of this feature, the COD option is now available directly on the Paydibs eCommerce checkout page. Merchants can offer “Cash on Delivery – COD” alongside other payment methods such as credit or debit cards and online banking, creating a seamless and convenient checkout experience for customers. This integration allows merchants to manage multiple payment options within the same platform without the need for separate systems.

    COD remains a popular payment method among Malaysian consumers, largely due to the flexibility and sense of security it provides when making online purchases. However, managing COD orders has traditionally involved operational challenges such as manual tracking, fragmented processes between payment and logistics providers, and complicated reconciliation procedures.

    Paydibs’ new COD feature addresses these challenges by allowing merchants to activate COD directly through their existing Paydibs setup without requiring additional system integration. Through a single dashboard, merchants can oversee both digital and COD payments, monitor order status, track delivery progress, and access settlement information in real time. This consolidated approach helps reduce administrative complexity and provides greater transparency throughout the transaction process.

    The solution also improves operational efficiency by automatically triggering shipment and fulfilment workflows once a COD order is confirmed at checkout. By connecting payment confirmation with the logistics process, the system simplifies order management and reconciliation across the entire transaction lifecycle.

    Tee Kean Kang, Chief Executive Officer of Paydibs

    According to Tee Kean Kang, Chief Executive Officer of Paydibs, COD continues to play a significant role in Malaysia’s eCommerce ecosystem. He explained that the company’s goal is to reduce operational complexity for merchants by creating a unified payment-to-shipment flow that simplifies processes from checkout to fulfilment and final reconciliation.

    By reducing friction in COD management, Paydibs aims to help merchants focus more on growing their businesses while ensuring customers enjoy a smooth and reliable online shopping experience. As the solution expands to include more logistics partners in the future, merchants can expect even greater flexibility in managing deliveries and COD transactions within a single platform.

  • Paydibs Strengthens Malaysian Merchants by Promoting Digital Inclusion

    Paydibs Strengthens Malaysian Merchants by Promoting Digital Inclusion

    Across Malaysia, small business owners are increasingly transforming the way they sell, manage, and connect with customers, signaling a broader shift in the nation’s digital economy. From retailers integrating online ordering systems to street food vendors experimenting with digital payments, each small adaptation highlights the growing role of technology in everyday commerce. While Malaysia’s digital infrastructure and innovation are important, the true measure of progress lies in the breadth of participation among small and medium enterprises (SMEs). Recognizing this, Budget 2026 has allocated RM150 million to accelerate SME digital adoption and RM200 million to support innovation commercialization, demonstrating the government’s confidence in small businesses as drivers of digital growth.

    Despite consumer enthusiasm for cashless living, many SMEs face challenges such as rising operational costs, limited resources, and competing priorities. A recent Visa study revealed that only one in three SMEs have begun digitalizing their operations, underscoring the need for practical, affordable, and accessible digital tools. This is where digital inclusion becomes critical, enabling small businesses to integrate seamlessly into the digital economy without added complexity or cost. Paydibs, as a Registered Merchant Acquirer under Bank Negara Malaysia, is actively addressing this need through its NEO smart terminal and online platforms. By combining QR payments, card acceptance, and Buy Now Pay Later (BNPL) solutions, Paydibs allows merchants to process payments efficiently, access funds quickly, and manage their operations with a unified, cost-effective system.

    Digital inclusion extends beyond technology; it’s about accessibility and opportunity. Paydibs’ partnerships, such as with Alipay+, allow local merchants to accept payments from over 15 global e-wallets, opening the door for SMEs to reach international consumers and engage in cross-border trade. Furthermore, real-time transaction data empowers merchants to make informed business decisions, optimize inventory management, improve cash flow, and even qualify for financing. Inclusion, therefore, is both practical and strategic—it transforms digital adoption from an abstract goal into an everyday reality for businesses across Malaysia.

    As the nation aims to build a high-value digital economy, collaboration between regulators, financial institutions, and technology providers becomes essential to ensure participation is inclusive, secure, and sustainable. Digitalization is no longer just a matter of adoption; it is a question of equity. From night market stalls to large retail chains, every merchant must feel equipped to compete in the digital space. By making inclusion the foundation of Malaysia’s cashless future, the country can create a connected, resilient, and widely owned digital economy. Paydibs continues to empower Malaysian businesses on this journey, offering solutions that make digital participation accessible and impactful for all.