Malaysian mobile banking app users can now make overseas DuitNow QR payments via Alipay+

Source: PayNet. From left: Michael Guo, GM, Alipay+ SEA, ANZ and South Asia, Ant International; Praveen Rajan, CEO, PayNet; Danny Chung, GM, Alipay+ Global Growth Center, Ant International; and Azrul Fakhzan B. Mainor, Chief Commercial Officer of PayNet.

Payments Network Malaysia (PayNet) has launched outbound DuitNow QR payment connectivity through Alipay+, the unified wallet gateway of Ant International. Malaysians can now use supported local mobile banking apps to pay at participating Alipay+-supported merchants in five destinations: mainland China, Hong Kong SAR, South Korea, the Philippines and Laos. The initial three launch banks are Maybank, CIMB and Hong Leong Bank, with Bank Islam set to join soon.

The launch forms part of PayNet’s long-term roadmap to extend secure and interoperable payment connectivity beyond Malaysia. It aligns with Bank Negara Malaysia’s vision for faster, more efficient and inclusive cross-border payments.

At participating merchants in the five supported destinations, customers can open the DuitNow QR payment function in their Malaysian banking app and scan the merchant’s QR code displaying the Alipay+ logo. They can then review and confirm the transaction within the same application, without downloading another app or creating an Alipay+ account.

“Cross-border payments should feel as familiar as paying at home. This connectivity gives Malaysians an easier way to pay abroad. It also shows how collaboration between financial institutions and global payment partners expands the reach of Malaysia’s national payment infrastructure beyond our borders. More broadly, stronger payment connectivity can help spending flow more easily across borders and strengthen Malaysia’s economic links with the region,” said Praveen Rajan, CEO, PayNet.