Payments Network Malaysia Sdn Bhd (PayNet) has launched a three-month FinTech ePayment Accelerator Programme which aims to support and advance high potential FinTech’s capabilities to further accelerate ePayments adoption in Malaysia.
In line with PayNet’s mission to be a trusted enabler of inclusive and collaborative financial ecosystems, the Programme focuses on ideas or solutions that can address any of the following three problem statements which is Adoption of ePayments, Improvement to Existing Products and Introduction of New Business Solutions.
In collaboration with the FinTech Association of Malaysia (FAOM), briefing sessions on the Programme and PayNet’s products will be held for interested FinTechs.
Applicants will be shortlisted based on the ideas or solutions submitted and these shortlisted applicants will advance to a pitching session in June 2022 where they will present to a panel of judges on why their ideas should progress to a proof-ofconcept (POC).
Successful FinTechs will be awarded a grant of up to RM500,000 to support the execution of the POC and will have the opportunity to work with PayNet’s extensive ecosystem of banks, e-wallets and Third Party Acquirers.
Applications for the FinTech ePayment Accelerator Programme 2022 is open until 30 April 2022 and can be submitted online at https://www.paynet.my/fintech-epayment-accelerator-programme.
Submissions should consist of a pitch deck or a video presentation addressing the problem statement and include an introduction of the team. Further information on the Programme may be obtained from the link provided.
-NIAGATIMES
