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In August 2017, MEPS merged with Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) to form Payments Network Malaysia Sdn Bhd (PayNet). With the result of the merger, PayNet is now the holding company for the PayNet Group which comprises two main subsidiaries, namely Malaysian Electronic Payment System Sdn Bhd (MEPS) and MEPS Currency ...
Payments Network Malaysia Sdn Bhd (PayNet) is the national payments network and shared central infrastructure for Malaysia’s financial markets. It was formed from the merger between the Malaysian Electronic Payment System (MEPS) and Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) on 1 August 2017. [ 1 ]
Touch 'n Go eWallet was one of the three e-wallet services in Malaysia (the other being Boost and GrabPay) that was eligible for its users to receive an RM30 stimulus plan as part of the E-Tunai Rakyat program under the Budget 2020 plan, which encourages the adoption of cashless and mobile payment in Malaysia. [29]
Touch 'n Go lane signboard. Touch 'n Go is a contactless smart card system used for electronic payments in Malaysia.The system was introduced in 1997 and is widely used for toll payments on highways, public transportation, parking, and other services.
It started to collect payment of electricity bills, sale of dog licences, payment of pensions, sale of television licence and others. In 1992, Pos Malaysia Berhad was corporated [ 6 ] from the PSD. In September 2001, Pos Malaysia Berhad was listed on the then Kuala Lumpur Stock Exchange (now known as Bursa Malaysia Berhad ) through a reverse ...
Website www.ekonomi.gov.my The Ministry of Economy ( Malay : Kementerian Ekonomi ) is a ministry of the Government of Malaysia that is responsible for economy planning , statistics and socioeconomy planning .
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The department is charged with the responsibility of undertaking registration and licensing of drivers and all motor vehicles in Malaysia. According to the Road Transport Act 1987 (Act 333), the enforcement and regulatory duties are under the roles and responsibilities of JPJ/RTD.