Paydibs onboarded as Direct Third-Party Acquirer (TPA) for FPX by PayNet

Paydibs, a leading payment solutions provider in Malaysia, is pleased to announce its official onboarding by Payments Network Malaysia Sdn Bhd (PayNet) as a Third-Party Acquirer (TPA) for the Financial Process Exchange (FPX). As one of ten non-bank FPX acquirers connected directly to PayNet’s FPX payment rail, Paydibs can now process FPX transactions independently, removing intermediary layers and enabling greater control over transaction processing, settlement and cost efficiency.

This onboarding marks a significant milestone in Paydibs’ growth, strengthening its technical infrastructure and enhancing its ability to deliver seamless, merchant-first solutions across online channel. It also positions the company to better serve the evolving needs of businesses from micro, small and medium-sized enterprises (MSMEs) to larger organisations in a rapidly digitising economy.

“At the heart of this milestone is our commitment to building a more inclusive and resilient payments ecosystem. Being directly connected to PayNet allows us to offer merchants greater control, faster access to funds and enhanced features, aligning with our promise of Payment Inclusion. Beyond Transactions. This is a strategic step that strengthens our ability to deliver dependable, future-ready solutions,” said Tee Kean Kang, Chief Commercial Officer of Paydibs.

The development builds on a series of strategic initiatives by Paydibs, including the launch of Paydibs NEO, Malaysia’s first all-in-one payment terminal. Designed to simplify in-store payments, NEO consolidates QR, card, and Buy Now Pay Later options along with a soundbox into a single device, helping merchants manage in-store payments easily and efficiently, without the need for multiple devices.

Paydibs’ commitment to MSMEs is further reinforced through its role as a Digital Partner under the BSN MSME Digital Grant MADANI. Through this national initiative, it enables eligible businesses to adopt digital payment solutions at subsidised rates by helping accelerate digital adoption and support broader financial inclusion across the country.

Looking ahead, Paydibs plans to introduce embedded financing options and deepen its integration with national payment infrastructure. These efforts reflect the company’s continued focus on delivering solutions that promote business continuity, operational efficiency and long-term growth.

To learn more about Paydibs, visit https://paydibs.com/.

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