Instant Transfer (DuitNow) & Interbank Giro (IBG)
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 Jan 5 2019, 10:55 AM
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#1
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Senior Member
1,418 posts Joined: Jul 2015 
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Apparently now IBG and IBFT are supposed to migrate to paynet according to bank negara
we are also ahead of schedule as crossborder paynet transactions have already been partially enabled (direct debit from any sg bank account using nets) |
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Jan 5 2019, 11:45 AM
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#2
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Senior Member
1,418 posts Joined: Jul 2015
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QUOTE(#Victor @ Dec 12 2018, 12:46 PM) Anyone experience before this error when trying to do FPX payment? McD?  |
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Jan 5 2019, 11:47 AM
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#3
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Senior Member
1,418 posts Joined: Jul 2015
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QUOTE(David83 @ Jan 4 2019, 03:14 PM) How can fintechs and payment providers participate in DuitNow? Non-Banks seeking admission shall be an eligible Issuer of e-Money or approved Issuer of a Designated Payment Instrument or a Registered Merchant Acquirer. Details on how to participate is available here.   This post has been edited by miloaisdino: Jan 5 2019, 11:51 AM Attached File(s) 
pd_ICTF_Mar2018.pdf ( 397.67k )
Number of downloads: 11
Admission_to_RPP__1_.pdf ( 1.92mb )
Number of downloads: 7
PayNet_Real_time_Retail_Payments_Platform__1_.pdf ( 1.07mb )
Number of downloads: 7 |
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Jan 5 2019, 02:06 PM
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#4
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Senior Member
1,418 posts Joined: Jul 2015
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QUOTE(mamamia @ Jan 5 2019, 01:56 PM) I believe DuitNow will replace IBFT soon duitnow rides ontop of paynet, but paynet will eventually takeover IBFT and IBG. this is because people still need to be able to transfer to an account numberpaynet is essentially ICTF This post has been edited by miloaisdino: Jan 5 2019, 02:06 PM |
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Jan 6 2019, 09:50 AM
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#5
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Senior Member
1,418 posts Joined: Jul 2015
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duitnow is only one of services sitting on top of the ICTF. In the near future u should be still be able to use account numbers (without proxy address resolution), or u can save your bank qr code for deposits in your phone gallery
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Jan 10 2019, 11:52 PM
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#6
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Senior Member
1,418 posts Joined: Jul 2015
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QUOTE(Nom-el @ Jan 9 2019, 05:24 PM) Paynet is actually the payments network provider that provide services like IBG, IBFT, RENTAS, Jompay, FPX etc. DuitNow is just a new service introduced by Paynet recently. yep |
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