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Malaysia set for real-time payments implementation powered by ACI Worldwide

Via a partnership with Payments Network Malaysia, who used ACI Worldwide‘s UP real-time payments, an instant credit transfer with a national addressing database that links mobile numbers and national ID numbers to account numbers, DuitNow, has been launched. 
The two companies are already looking forward to further real-time payments advances including QR payments, request-to-pay, e-mandates and real-time debit being rolled out across the country. ACI Worldwide is already a household name in Europe and boasts more than 50% of UK’s Faster Payments Scheme payments processing.
Paypers has the scoop here.

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