Who is it for?
Individuals
For Payments: Set up DuitNow AutoDebit by providing a one-time consent to billers or merchants for anything from coffee, utility bills to insurance or housing loan. Consent can be given through Mobile Banking/eWallet app or via merchant’s site or app
Businesses
For Collections: Send a one-time consent request to customers for automated collections via customers’ mobile, MyKad or Business Registration number. For Payments: Similarly, you may set up AutoDebit by providing consent to your service providers.
Government
For Collections: Collect payments for tax, assessment, and other collections by send a one-time consent request to customers for automated collections via individuals MyKad or Business Registration number
How Does It Work
1 One-off Consent
Businesses send a one-off consent request via their own channel (e.g., mobile app or website) to customers. At the same time, customers approve the consent request at their respective online banking or eWallet application.
Or
Provide Consent
Customer initiates the service themselves by providing consent to merchants for DuitNow AutoDebit at the merchant’s platform or their own online banking or eWallet application.
2 AutoDebit
Businesses or Biller debit customer’s account on a recurring basis according to consent provided by their customer
How Does It Benefit You As A Merchant
Hassle-Free
Connect to only one acquirer and collect payments from your customers’ mobile, IC, MyKad, passport number from any Banks or eWallet in Malaysia.
Easy Reconciliation
DuitNow AutoDebit reduces issues arising from incorrect payment data from customers. It also allows businesses to provide a fast and easy payment experience.
Features that add value
This service offers customers a one-off consent registration request to collect funds on recurring or ad-hoc basis. It also helps with data storage issues (customers’ account details).
