KUALA LUMPUR, Nov 25 (Bernama) — AmBank is pleased to announce that it is acting as settlement bank to enable Finexus to participate in DuitNow, a service on Retail Payments Platform (RPP) operated by Payments Network Malaysia Sdn Bhd (PayNet).
“AmBank is honoured to be the DuitNow settlement bank for Finexus on RPP. This collaboration demonstrates our position in being one of the key players in the banking industry to accelerate the growth of cashless payments in the country. Moving forward, we will continue to devote resources towards strengthening the digital payment and settlement infrastructure and further enhancing efficiency in the provision of payment services,” said Raja Teh Maimunah Raja Abdul Aziz, Managing Director, Wholesale Banking, AmBank Group.