UnionPay And PayNet Collaborate For UnionPay QR And DuitNow QR Interoperability

MALAYSIA, June 20 (Bernama) — UnionPay International (UPI) has partnered with Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national retail digital payments network, to enable cross-border UnionPay QR payment to be accepted in Malaysia via DuitNow QR, Malaysia’s national QR standard, and vice versa.

Beginning September 2023, tourists from China who are UnionPay QR users can make cross-border payments at DuitNow QR acceptance points across Malaysia. Reciprocal enablement of DuitNow QR at UnionPay QR acceptance points in China & countries where UnionPay QR is present will follow at a later date.

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