DuitNow is fast, secure
, and free
and small businesses
. No fees are charged for consumers and SMEs for transfers up to RM5,000, with some banks waiving the fees for fund transfers above RM5,000 as well.
With DuitNow, you no longer have to share your bank or account number to receive payments:
- Your friends and relatives can pay you easily using your mobile number
- Businesses and the government can disburse payments to you using your NRIC
Once you have registered, payers can direct payments to you using the registered ID (DuitNow ID).