Malaysia's Paydibs Onboarded as Direct Third-Party Acquirer for FPX by PayNet

Malaysia's Paydibs onboarded as direct third-party acquirer for FPX by PayNet

Paydibs, a payment solutions provider in Malaysia, has announced 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 …

Paydibs to Offer Direct FPX Processing for Merchants - Fintech News Malaysia

Paydibs has been officially onboarded as a Third-Party Acquirer (TPA) for the Financial Process Exchange (FPX) by Payments Network Malaysia (PayNet), allowing the payment solutions provider to process FPX transactions directly. With this move, Paydibs becomes one of ten non-bank acquirers connected to PayNet’s FPX infrastructure. The direct connection removes intermediaries in the payment flow, enabling greater control over transaction processin…