KUALA LUMPUR, March 25 -- Malaysian businesses are experiencing a significant rise in QR payments among travellers thanks to cross-border QR payment arrangements enabled via DuitNow QR. Since Payments Network Malaysia Sdn Bhd (PayNet) and Ant International signed a cross-border payment acceptance agreement, travellers visiting Malaysia are able to enjoy a seamless payment experience as they can scan DuitNow QR codes using their home eWallets via the Alipay+ network.

Marking the first full year of the partnership last year, Paynet and Ant International shared that the cross-border QR arrangements have brought new economic opportunities to Malaysian SMEs, with Alipay+ making up more than 80 per cent of cross-border inbound QR payments via ...