What is DuitNow and how does it work within SwiF B2B2C Payment Gateway?

DuitNow allows businesses to receive funds using recipients’ mobile numbers or MyKad numbers. Within SwiF B2B2C Payment Gateway, DuitNow simplifies transactions by enabling businesses to offer customers a convenient way to make payments without the need for traditional banking details.

What are the benefits of using DuitNow for B2B2C transactions?

Using DuitNow enhances operational efficiency by speeding up payment processing time and reducing the reliance on manual payment methods. It improves cashflow management for businesses by providing real-time payment notifications and ensuring timely receipt of funds. Additionally, DuitNow enhances customer satisfaction by offering a convenient and secure payment option to consumers.

Is DuitNow secure for processing B2B2C payments?

Yes, DuitNow transactions are secure and encrypted, adhering to strict regulatory standards set by Bank Negara Malaysia. Payments made through DuitNow within SwiF B2B2C payment gateway are protected against unauthorised access or fraud, providing peace of mind to businesses and consumers alike.

RECEIVE PAYMENTS

DuitNow Online and QR

DuitNow Online is the upgraded FPX 2.0, integrating both banks and e-wallets on a single platform. Unlike FPX 1.0, which only includes banks, DuitNow Online offers a wider range of payment options, enabling users to easily select their preferred bank or e-wallet for transactions.

DuitNow QR is a consolidated QR, widely accepted across all participating wallets and banks. This unified QR system ensures a seamless payment experience, allowing customers to transact effortlessly with their preferred payment method.

Better Customer Experience

Easy Reconciliation

Build your Competitive Advantage

Scale your Business

Become A Merchant

Why Your Business Should Offer DuitNow Online & QR

Enhanced Convenience

DuitNow simplifies the payment process by allowing businesses to receive payments from multiple participating banks and e-wallets in one single QR/ platform. This convenience reduces friction in transactions and multiple payment QR implementation, improving overall merchant and customer experience.

Faster Transactions

Payments through DuitNow are processed quickly, enabling businesses to receive funds within a short period. This speed accelerates cashflow and reduces the waiting time for receivables.

Scalability

DuitNow supports transactions of varying sizes, making it suitable for both small and large businesses. This scalability accommodates businesses with diverse payment needs, from everyday transactions to bulk payments.

Customer Satisfaction and Loyalty

By offering DuitNow, businesses can enhance customer satisfaction and loyalty. Customers appreciate the convenience and speed of DuitNow payments, fostering stronger relationships and repeat business.

Competitive Advantage

Offering DuitNow as a payment option can differentiate a business. It positions the business as modern and responsive to customer preferences, attracting more businesses and consumers seeking convenient payment solutions.