{"id":41127,"date":"2019-11-04T13:29:27","date_gmt":"2019-11-04T05:29:27","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=41127"},"modified":"2019-11-04T13:29:27","modified_gmt":"2019-11-04T05:29:27","slug":"grabpay-unified-qr-code","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/grabpay-unified-qr-code","title":{"rendered":"GrabPay Becomes Malaysia&#8217;s First E-Wallet To Adopt DuitNow QR"},"content":{"rendered":"<p>Grab has announced a partnership with Payments Network Malaysia (PayNet), which will make GrabPay the first e-wallet in Malaysia to adopt DuitNow QR.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What-is-DuitNow-QR\"><\/span>What is DuitNow QR?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>DuitNow QR is part of the <a href=\"https:\/\/www.imoney.my\/articles\/how-to-duitnow\">DuitNow<\/a> service that launched in December 2018, which allows bank customers to pay and receive money instantly through internet or mobile banking channels.<\/p>\n<p>DuitNow QR acts as the common QR standard for Malaysia. It is interoperable, which means that users can make transactions with any bank or e-wallet that supports DuitNow QR.<\/p>\n<p>While four banks in Malaysia currently support DuitNowQR within their own mobile apps, Grab&#8217;s partnership with PayNet is the first time an e-wallet is adopting Malaysia&#8217;s National QR Standard.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What-does-this-mean-for-you\"><\/span>What does this mean for you?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As a merchant, you&#8217;ll only need to sign up for one bank or e-wallet, and customers of all participating banks and e-wallets will be able to make DuitNow QR payments &#8211; regardless of what mobile apps they are using.<\/p>\n<p>As a consumer, this means no more fumbling through your apps to find the right e-wallet to complete your purchase. If you see a DuitNow QR code, you&#8217;ll be able to make the payment with any participating e-wallet.<\/p>\n<p>Malaysians won&#8217;t have to wait too long to enjoy this convenience, as DuitNow QR is set to be incorporated into the GrabPay app during the first half of 2020.<\/p>\n<p>Not a fan of GrabPay? Don&#8217;t worry &#8211; another 15 e-wallet providers and non-banks have also registered for the DuitNow QR service.<\/p>\n<p>Sources: [<a href=\"https:\/\/www.soyacincau.com\/2019\/11\/01\/grab-grabpay-duitnow-qr-code-malaysia-ewallet-banks\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">1<\/a>] [<a href=\"https:\/\/www.theedgemarkets.com\/article\/grabpay-partners-paynet-adopt-duitnow-qr\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">2<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GrabPay becomes the first e-Wallet to adopt Malaysia&#8217;s National QR Standard. What does this mean for consumers?<\/p>\n","protected":false},"author":1,"featured_media":41130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216],"tags":[219],"class_list":["post-41127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-updates","tag-bi"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GrabPay Becomes Malaysia&#039;s First E-Wallet To Adopt DuitNow QR<\/title>\n<meta name=\"description\" content=\"GrabPay becomes the first e-Wallet in Malaysia to adopt DuitNow QR, Malaysia&#039;s National QR Standard. 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