Payments Network Malaysia to empower MSMEs, social enterprises via PayNet Cambah

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Payments Network Malaysia to empower MSMEs, social enterprises via PayNet Cambah
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LANGKAWI, Oct 7 — Payments Network Malaysia Sdn Bhd (PayNet) aims to empower micro, small and medium enterprises, social enterprises and local communities through its PayNet...

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Group chief executive officer Farhan Ahmad said the cornerstone programme of PayNet’s five-year strategy will help entrepreneurs, private and public partners to thrive and expand their businesses. Farhan said the other objective of Paynet Cambah is to create a cycle of prosperity at specific locations even after PayNet is no longer involved.

“We will do this as an evergreen project at PayNet. Every year, we will see how much money we can invest in the country based on our profits. Then we will assist as many communities that are ready,” he said, adding that setting inflexible targets will not cater to unique local needs.

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