RMS aims to enable 2,000 offline merchant touchpoints with MyDebit Tap-On-Phone feature by Q42021
SHAH ALAM, MALAYSIA – Media OutReach – 5 October 2021 – Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has partnered with Payments Network Malaysia (PayNet) to launch the MyDebit Tap-On-Phone (TOP) feature on the RMS Virtual Terminal (RMS VT) mobile application. RMS, one of the largest offline to online (O2O) digital payment networks across Southeast Asia, has rolled out this new payment feature to further encourage contactless payments in Malaysia.
ABOUT PAYMENTS NETWORK MALAYSIA (PayNet)
Payments Network Malaysia Sdn Bhd (PayNet) is the national payments network and shared central infrastructure for Malaysia’s financial markets and operator of the MyDebit domestic card scheme with over 47 million cards in circulation. We innovate, build and operate world-class payment systems and financial market infrastructures that safely, reliably and efficiently enable the functioning and development of Malaysia’s financial eco-system as well as the economy as a whole. PayNet also serves as a platform to harness the collaborative efforts of all providers of payment services to accelerate the adoption of electronic payments.
For more information, please visit www.paynet.my