Overview

Pay, and Get Paid, anytime, anywhere

The Enterprise Payment Gateway (EPG) solution by Beans is designed to modernize Malaysia’s retail payments and real-time money transfer. Leveraging the Real-Time Retail Payments Platform (RPP) initiative by PayNet, EPG offers an efficient and transparent payment ecosystem.

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Product Highlights

Payments Made Easy

Faster Payment & Collections

Increased Transparency

Extended Business Data

Enhanced Finality and Certainty

Greater Convenience

Wider Reach & Inclusiveness

Enabler and Catalyst for Innovation

Proxy Payments

Seamlessly Transact with EPG

DuitNow, PayNet’s instant account-to-account payment solution, is seamlessly integrated into EPG

  • QR code compatibility with 40+ banks and e-wallets in Malaysia.
  • Linkage of NRIC/phone number/passport number to a bank account via the National Addressing Database (NAD).
  • Cross-border payment capabilities to Indonesia, Singapore, and Thailand.
    Auto Debit and Consent Capability.

Overview of EPG as a Service

EPG allows banks to focus on their banking business while leveraging the PayNet RPP Payment mechanism

EPG Key Features

  • Merchant Onboarding:
  • Transaction Management:
  • Settlement Handling:
  • Report & Monitoring:
  • Maintenance & Reconciliation:
  • Security & Compliance:

RPP Key Features

  • Real-Time Payment
  • Credit (Fund) Transfer
  • Request to Payment
  • Consents Management
  • Auto Debit
  • Refund
  • QR Payment
  • Bulk Payments
  • Settlement
  • Reconciliation
  • Rebate Processing
  • Fees Allocation
  • Fraud Monitoring

Business Benefits

Why Digital Payments?

Efficient Operations

Streamlined operations with consolidated payment channels.

Cost-Effective Solution

Lower cost of PayNet RPP participation with subscription-based payment.

Innovation Focus

Allows banks to concentrate on innovation by removing technical barriers.

Data Ownership

Banks retain ownership of transaction data while complying with security standards.

Flexible Subscription Model

Subscription-based payment with no CAPEX, ensuring flexibility.

Use Cases

Own the Experience

Cross-Border Payments

Facilitate seamless cross-border payments to Indonesia, Singapore, and Thailand.

Merchant Payments

Simplify merchant payments and collections for businesses.