Praveen Rajan Takes the Helm as PayNet Chief Executive Officer
Payments Network Malaysia Sdn Bhd (PayNet) has announced that Praveen Rajan officially assumed the role of Chief Executive Officer on 1 February 2026.
Driving
National Growth
at Every Scale
In 2017, MEPS and MyClear merged to become PayNet. Since then, we power daily transactions, support businesses of all sizes and deliver digital payments to communities across Malaysia.
5.3
B
transactions completed seamlessly in 2024
RM
5.4 T
transaction value — 3.14x national GDP
Simplifying Payments
Nationwide
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Supporting the Rakyat,
Beyond Payments
Beyond Payments
We empower communities, foster knowledge and strengthen financial literacy to create lasting impact for every Malaysian.
Innovating for a Safer,
Smarter Nation
Through digital innovation, we expand access, build trust and help create a safer, more connected Malaysia.
National Fraud Portal
A shared platform where banks and regulators trace funds and protect Malaysians from financial fraud.
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