Curlec by Razorpay has joined Malaysia’s national payments network, Payments Network Malaysia Sdn Bhd (PayNet). This membership allows Curlec to introduce real-time payment processing more broadly in Malaysia and supports Bank Negara Malaysia’s goal of a cashless society.
Curlec by Razorpay now joining PayNet
By adopting PayNet’s DuitNow product suite, Curlec enables its customers to make and receive real-time payments from bank accounts and e-wallets. The company plans to leverage Razorpay Group’s innovations in real-time payments, which have seen success in India. Curlec’s CEO, Zac Liew, believes this move will drive innovation in Malaysia’s digital payment landscape and help achieve their ambitious targets for 2025.
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