KUALA LUMPUR, June 17 (Bernama) — Payments Network Malaysia (PayNet) has expanded the services of DuitNow ecosystem to include DuitNow Request, a service that allows a payee to send an electronic request to collect payment from a payer either through mobile or MyKad number with Standard Chartered Malaysia becoming the first bank to adopt this collection service. Their customers can now send payment requests to each other via the Bank’s SC Mobile app.
DuitNow Request is expected to be rolled out for use by government bodies and businesses as well to send tax, assessment and invoice requests. Recipients will receive a notification to review the payment requests through their preferred bank to make the payments. Payment requests will also come with basic information on the payment details for the payer’s reference.