The Modernised API (version 3) is PayNet’s strategic move to create a unified, future-ready API framework across our ecosystem. It simplifies integration, reduces complexity, and lowers the barrier for participants, enabling go to market faster with self-service testing and development.

We’re starting with DuitNow products and services, and will gradually expand to cover the broader PayNet ecosystem.

Key benefits:

• Flexible – Modular design that works across different payment rails and supports a wide range of use cases.

• Scalable – Common actions and data models are grouped to encourage reuse across DuitNow services.

• Simplified ISO 20022 – Streamlined message formats make adoption easier and ensure interoperability.

• Developer-friendly – Built with RESTful principles for intuitive, smooth integration.