BigPay set to launch DuitNow QR payment

KUALA LUMPUR, 3 February 2021 - BigPay, one of Malaysia’s largest FinTech platforms is on track to launch its DuitNow QR Payment in the second quarter of this year. 

With BigPay’s entry into the DuitNow ecosystem operated by Payments Network Malaysia (PayNet), BigPay users will soon be able to use DuitNow for instant domestic money transfers, and pay at merchants with the DuitNow QR function, Malaysia’s national QR code standard for payments at local merchants. 

Salim Dhanani, Co-Founder of BigPay said: “BigPay is committed to bringing transparent, secure and convenient banking services to over 1.3 million users across Malaysia and Singapore, with expansion planned across ASEAN countries. We are thrilled to confirm that the DuitNow QR payment is on track as part of our pipeline of new products and innovations that will be rolled out in the near future, enabling users to pay at a wide range of merchants across Malaysia. BigPay, with the aspiration to be the region’s challenger bank, has a range of new features planned for 2021, including cash top-up at local convenience stores, insurance, digital loans, and wealth management. ”

Aireen Omar, President of airasia Digital said: “We are thrilled that BigPay will be launching the DuitNow QR product with PayNet. The national payment system is not only enabling BigPay users to go cashless in more ways, but is driving merchants to go cashless - such as those on airasia Food, Shop and Fresh - a pillar of Malaysia’s digital economy. We will see BigPay providing more and more financial services to our base of consumers and businesses within airasia Digital and are excited for the launch of the DuitNow QR”

Recently, BigPay has launched the Bill Payment feature as part of its mission to be the go-to app for  financial services and offering the ability to pay bills in a few clicks. Additionally, BigPay has received the Community Credit License and will soon be able to offer loans to small businesses, entrepreneurs and individuals at affordable rates. 

For the latest BigPay news and services, follow BigPay on Twitter (twitter.com/Bigpayme),  Facebook (facebook.com/Bigpaymalaysia) and Instagram (instagram.com/Bigpayme).