PaynGo is National Economic Development Initiative by Malaysia Economic Development Council and approved by Bank Negara Malaysia (The Central Bank Of Malaysia).
The Application offers mobile payment processing and money transfer functions and aims to replace the physical wallet with a mobile phone. It converts cash-based users to e-payment-based users, where e-money will be treated as a primary source of funds to purchase goods and services.
Users can add funds in PaynGo account via online banking. Users can then use the account balance for payment to e-commerce and retail merchants, peer-to-peer money transfer, direct topup of mobile prepaid account and other purchases within the app through secure and intuitive user interfaces.
PaynGo as a national and most preferred mobile wallet in Malaysia
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