PayNet: Malaysia’s Digital Payment Backbone

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Moving Malaysia Forward,
One Payment at a Time

As Malaysia’s digital payment backbone, we enable secure, seamless transactions, supporting business growth, connecting communities and opening the way to shared opportunity.

Driving
National Growth
at Every Scale

In 2017, MEPS and MyClear merged to become PayNet. Since then, we power daily transactions, support businesses of all sizes and deliver digital payments to communities across Malaysia.

5.3

transactions completed seamlessly in 2024

5.4

transaction value — 3.14x national GDP

Explore Our Story

Simplifying Payments
Nationwide

Nation-Building Through Government Collaboration

Supporting the Rakyat,
Beyond Payments

We empower communities, foster knowledge and strengthen financial literacy to create lasting impact for every Malaysian.

Explore Beyond Payments

Innovating for a Safer,
Smarter Nation

Through digital innovation, we expand access, build trust and help create a safer, more connected Malaysia.

National Fraud Portal

A shared platform where banks and regulators trace funds and protect Malaysians from financial fraud.

Learn More

Media Highlights

Stay up to date with the latest stories, announcements and events across our ecosystem.

Ecosystem Builders: A collaborative route to accelerate growth of fintech players

The Edge Malaysia

09 Feb 2026

Ecosystem Builders: A collaborative route to accelerate growth of fintech players

PayNet’s Yeoh: For a lot of these founders, for them to open the door to Maybank or CIMB or Touch ’n Go [without an existing relationship] is not easy. But PayNet can open any of these doors relatively easily.