PAYNET Operational Procedures Independent Assessment
Ensuring Compliance, Security & Operational Excellence
In the fast-evolving financial ecosystem, regulatory compliance and operational security are non-negotiable. Payments Network Malaysia (PayNet) governs critical digital payment infrastructures such as FPX, MyDebit, and RPP—each with stringent operational procedures. Financial institutions, payment service providers, and third-party acquirers must comply with these frameworks to ensure seamless transactions, data security, and regulatory alignment.
At AKATI Sekurity, we offer independent assessments of PayNet's Operational Procedures, helping businesses navigate compliance complexities while strengthening their cybersecurity posture. Our assessments identify gaps, mitigate risks, and provide strategic insights to enhance operational resilience.
Understanding PAYNET Operational Requirements
Organizations participating in Malaysia’s financial payment networks must adhere to strict operational guidelines across multiple frameworks:
1. FPX Operational Procedures (Financial Process Exchange)
Compliance with Third Party Acquirer (TPA) requirements
Secure processing of buyer-to-seller payments
Adherence to settlement, dispute management, and fraud detection mechanisms
Independent audit assessments for TPA participants
2. MyDebit Operational Procedures
Secure debit card transactions across multiple platforms
Merchant and acquirer obligations, including contactless payment enablement
System availability, reconciliation error handling, and disaster recovery compliance
3. RPP (Real-Time Retail Payments) Operational Procedures
Compliance for DuitNow QR, Instant Transfers, and real-time payment processing
Fraud mitigation, operational continuity, and settlement validation
Stringent monitoring & reporting requirements for financial institutions and payment service providers
Failure to comply with PayNet’s operational mandates can lead to regulatory penalties, reputational damage, and financial losses.
Why Choose AKATI Sekurity?
Independent, Unbiased Assessment
As a trusted cybersecurity and compliance partner, we conduct assessments with full independence and integrity, ensuring an objective review of your compliance status.
Comprehensive Gap Analysis
We identify compliance shortcomings, security vulnerabilities, and operational inefficiencies to help you proactively address potential risks before they escalate.
Actionable Compliance Roadmap
Beyond identifying gaps, we provide a step-by-step remediation plan, ensuring seamless alignment with PayNet’s operational standards.
Cybersecurity-First Approach
Unlike traditional compliance assessments, we integrate cybersecurity insights to help you mitigate fraud risks, data leaks, and unauthorized transactions.
Industry-Leading Expertise
Backed by over two decades of experience in regulatory compliance, penetration testing, and digital forensics, AKATI Sekurity has helped financial institutions achieve and maintain regulatory excellence.
Secure Your Compliance with AKATI Sekurity
Don't wait for an audit failure or security breach to expose your vulnerabilities. Strengthen your compliance with PayNet’s operational procedures today.