Malaysia’s Real-time Payments Platform Pilots DuitNow Interoperable Reward Feature With Fave And Finexus

KUALA LUMPUR, June 7 (Bernama) — The pilot is with two DuitNow QR participants, Fave and Finexus, which enables users of Finexus’ Kayaaku e-wallet (formerly known as YippiePAY) who scan FavePay DuitNow QR codes to pay for purchases to enjoy Fave’s loyalty cashback programme, making Finexus’ Kayaaku the first e-wallet with the innovative feature. This means more than 15,000 Finexus’ Kayaaku users can now access Fave’s wide array of instant rewards previously accessible only to Fave users. Finexus’ Kayaaku ewallet users stand to earn up to 15 percent cashback at Fave’s participating merchants at over 12,000 F&B outlets and retailers across the country. Finexus’ Kayaaku e-wallet users are expected to make more repeat purchases at the participating Fave DuitNow QR merchants to utilise the cashback received from prior transactions.

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