Real-time payments success relies on central infrastructures delivering financial frameworks that ensure security, flexibility, connectivity and innovation. PayNet—the central infrastructure supporting Malaysia’s real-time payments scheme—leveraged ACI Low Value Real-Time Payments to build “one of the most future proof, inclusive and flexible real-time payment systems Celent has ever seen.”
See why PayNet won the Celent Model Bank 2021 Award for Financial Infrastructure:
- Built its real-time payments network in only nine months
- Deployed an ISO 20022-native offering
- Processed a billion transactions within the first two years—with up to 100 million per month forecast by 2024
- Can support value-added services, including Request to Pay and QR codes
