DuitNow
Malaysia's national instant payment system, letting users transfer money between banks using just a phone number or QR code. About DuitNow: DuitNow is Malaysia's national instant payment infrastructure, developed by PayNet, enabling instant transfers between participating banks using just a mobile number, IC number or QR code instead of full account details. Key Features: Instant Transfers: Money moves between accounts almost immediately, across participating banks. Simple Identifiers: Send money using a phone number or IC number instead of remembering long account numbers. DuitNow QR: A standardized QR code accepted across multiple banking apps and e-wallets for merchant payments. Wide Bank Participation: Supported by nearly all major Malaysian banks and increasingly by e-wallet providers. How to Get Started: Register your phone number for DuitNow through your bank's mobile app. To send money, enter the recipient's registered phone number, IC number or scan their DuitNow QR code. Confirm the transfer amount and complete the transaction. Check your bank statement or app for confirmation. Important Notice: DuitNow requires a Malaysian bank account for registration — this isn't something short-term visitors without local banking can access directly, though DuitNow QR payments can sometimes be made using linked foreign e-wallets in specific circumstances.