1. One-Time Consent: Customers provide a single consent to
authorize recurring or ad-hoc payments from their accounts.
2. Multiple DuitNow IDs Supported: Payments can be collected
using mobile number, MyKad/passport, army/police ID, BRN, or bank account
numbers.
3. Wide Payment Source Coverage: Supports Current Account,
Savings Account (CASA), Line of Credit (LOC), and e-Wallet accounts.
4. Hassle-Free Collections: Merchants can connect to a single
acquirer to collect payments from customers across all banks and e-wallets
in Malaysia.
5. Easy Reconciliation: Reduces errors from incorrect payment
data and streamlines payment tracking and reconciliation.
6. Flexible Payment Scheduling: Supports both recurring scheduled
payments and ad-hoc collections based on consent terms.
7. Secure and Regulated: Operates under Bank Negara Malaysia
regulations and PayNet’s secure infrastructure.
8. Multi-Channel Consent: Customers can provide consent via
mobile banking apps, e-wallet apps, merchant websites, or other digital channels.