What is DuitNow?

 

DuitNow is a hassle-free and secured real time fund transfer platform that enables you to make and receive funds nationwide by using a DuitNowID. DuitNow is an industry-wide initiative governed by Payments Network Malaysia Sdn Bhd (PayNet), with an official website at www.duitnow.com.my.​

To make payments, all you need is the beneficiary’s DuitNowID which has been registered on the DuitNow Platform.

Similarly, to receive payments, you have to ensure that you are registered on the DuitNow Platform and have obtained your DuitNowID accordingly.

DuitNowID unique identifiers are as follows:

  • Corporates:​
    Business Registration Number (BRN) registered with Suruhanjaya Syarikat Malaysia (SSM).
  • Individuals:
    Mobile Number, National Identification Number (NRIC) or Passport Number.

For sole proprietors, partnerships and enterprises DuitNowID can be registered with a combination of A and B as above.

Once you have received the confirmation on your DuitNow Registration, you are good to go.

Click here for an infographic from PayNet.


Last updated on 17 October 2018

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