---
title: The MAS and Bank Negara Malaysia Launch a Cross-border Real-time Payment System linkage between PayNow and DuitNow
description: The Monetary Authority of Singapore and Bank Negara Malaysia Launch a Cross-border Real-time Payment Systems
---

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# [The MAS and Bank Negara Malaysia Launch a Cross-border Real-time Payment System linkage between PayNow and DuitNow](https://www.liquidgroup.sg/liquid-group-news/blog/gara-malaysia-launch-a-cross-border-real-time-payment-systems-linkage-between-paynow-and-duitnow)

 Written by [Admin](https://www.liquidgroup.sg/liquid-group-news/author/admin) | Sep 19, 2025 12:24:25 AM

**Launch of Cross-border Real-time Payment Systems Connectivity between Singapore and Malaysia**

- Person-to-person (P2P) cross-border fund transfers are now enabled via PayNow and DuitNow.
- Users can transfer funds instantly between the two countries by using just the recipient’s mobile phone number or Virtual Payment Address (VPA)[[1]](https://www.liquidgroup.sg/liquid-group-news/blog/gara-malaysia-launch-a-cross-border-real-time-payment-systems-linkage-between-paynow-and-duitnow?hs_amp=true#).

**Singapore/Malaysia, 17 November 2023** - The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have jointly launched the real-time payment systems linkage between Singapore’s PayNow and Malaysia’s DuitNow. The initiative follows the QR payment linkage announced on 31 March 2023 which enabled cross-border QR payments to merchants. MAS Managing Director Mr Ravi Menon and BNM Governor Mr Abdul Rasheed Ghaffour marked the launch by executing live cross-border fund transfers to each other at the Singapore FinTech Festival today.

Continue reading [HERE.](https://www.mas.gov.sg/news/media-releases/2023/launch-of-cross-border-real-time-payment-systems-connectivity-between-singapore-and-malaysia)

‍

[View full post](https://www.liquidgroup.sg/liquid-group-news/blog/gara-malaysia-launch-a-cross-border-real-time-payment-systems-linkage-between-paynow-and-duitnow)

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