Summary
RHB Bank merchants in Malaysia can now accept QR payments through PayNet from participating banking apps and e-wallets in six Asian markets: China, Singapore, Indonesia, Cambodia, Thailand, and South Korea. The integration leverages Malaysia's DuitNow QR payment framework, operated by PayNet, and aligns with RHB's PROGRESS27 corporate strategy and the Visit Malaysia 2026 tourism initiative.
RHB customers can already use the RHB app to make QR payments in Singapore, Indonesia, Cambodia, and Thailand without using multiple payment apps. The new integration extends the capability to inbound tourists and business visitors from six markets, allowing them to pay at RHB merchant locations using their home payment apps. RHB merchants equipped with DuitNow QR Sound Box and POS systems can now accept these cross-border QR payments.
Key Facts
- RHB merchants accept QR payments from 6 Asian markets: China, Singapore, Indonesia, Cambodia, Thailand, South Korea
- Integration via PayNet's DuitNow QR framework
- RHB customers can already make QR payments in Singapore, Indonesia, Cambodia, Thailand
- Supports Visit Malaysia 2026 tourism drive
- Part of RHB's PROGRESS27 corporate strategy
- Merchants need DuitNow QR Sound Box or POS systems
- PayNet CCO: "Expanding cross-border QR acceptance is a collaborative effort across the payments ecosystem"
- Aligns with BNM's push for regional payment connectivity
- Reduces need for multiple payment apps when traveling
Why It Matters
RHB's cross-border QR payment integration is a practical step toward ASEAN's vision of a connected regional payment ecosystem. By allowing merchants to accept payments from six major Asian markets through a single QR framework, RHB reduces friction for both tourists and businesses. The integration supports Malaysia's tourism goals while advancing the broader trend of regional payment interoperability that central banks across Southeast Asia have been pursuing.