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Malaysian Payment Systems

A well-functioning payment system is crucial for the efficient operation of the financial market as well as to support the Malaysian economy. As such, the promotion of a safe, secure and efficient payment system is an important objective of Bank Negara Malaysia (BNM).

In this overview of Malaysia's payment system, you will find information on:

• Definition of Payment System
• The importance of Payment System
• Role of Bank Negara Malaysia
• Types of Payment Systems