“Don’t use cash lah” – says, PayNet Malaysia.

Malaysia is about to go through a major shift in terms of payment systems with the introduction of cashless payment. Having built a swift digital payment infrastructure, PayNet encourages Malaysia to go cashless for a more convenient and secure payment experience.

Paynet‘s digital Payment week 2023, that happened in Kuala Lumpur, Malaysia , kindled multiple discussions addressing various aspects of digital payments. It was great to watch panel members throw light on how important it is for both Merchants and customers to co-evolve in terms of payments in order to mandate and regulate cashless transactions.

Paynet

Malaysia is about to go through a major shift in terms of payment systems with the introduction of cashless payment. Having built a swift digital payment infrastructure, PayNet encourages Malaysia to go cashless for a more convenient and secure payment experience.

PayNet’s digital Payment week 2023, that happened in Kuala Lumpur, Malaysia , kindled multiple discussions addressing various aspects of digital payments. It was great to watch panel members throw light on how important it is for both Merchants and customers to co-evolve in terms of payments in order to mandate and regulate cashless transactions.

The event also highlighted the payment innovations that transformed the payment landscape, making way for a major financial inclusion in Malaysia.

From a customer’s perspective, digital payments offer enhanced user experiences, while for merchants, they present benefits such as improved cash flow, customer retention, and expanded business opportunities. To unlock these advantages, merchants should consider adopting an all-inclusive payment service provider like RinggitPay.

RinggitPay offers comprehensive payment solutions including payment links, auto-debit , payment gateways, payment reminders, and efficient delinquency management, that cater to merchants’ needs. By leveraging these features, merchants can ensure prompt payment from customers, regardless of their location. Also, RinggitPay enables cashless transactions through various digital payment methods, giving customers the freedom to choose their preferred mode of payment.

The key advantages of going digital with RinggitPay is the minimal operational costs and zero investment in manual efforts. Merchants can collect payments quickly and securely, while maintaining accurate and error-free records. By eliminating the potential for human error, businesses can ensure the integrity of their financial records.

If you are a merchant reading this, it is high time to consider going digital and embracing the benefits of cashless payments. With RinggitPay as your payment service provider, you can streamline your payment processes, enhance customer experiences, and unlock new opportunities for business growth.