Money transfer group Wise said it has integrated directly with Malaysia’s national payments infrastructure, easing use of its services in the country.
The connection will allow Wise app users to scan and pay using Malaysia’s national QR standard, DuitNow QR, and introduce simpler ways to transfer Malaysian ringgit, the company said in a statement on Thursday.
“By plugging into local payment systems, Wise reduces dependencies on traditional intermediaries, lowering costs and boosting transaction speeds over time,” it said.
Malaysia is the ninth market globally where Wise has gained direct access to a domestic payment system, following countries such as Singapore, Australia, Brazil and Japan, it said.
