The logo for the money transfer company Wise is displayed on a screen during the company’s debut at the Nasdaq Market site, in New York City, U.S., May 11, 2026. REUTERS/Brendan McDermid
KUALA LUMPUR, July 30 (Reuters) - Money transfer group Wise said it has integrated directly with Malaysia's national payments infrastructure, easing use of its services in the country.
- The connection will allow Wise app users to scan and pay using Malaysia's national QR standard, DuitNow QR, and introduce simpler ways to transfer Malaysian ringgit , the company said in a statement on Thursday.
- "By plugging into local payment systems, Wise reduces dependencies on traditional intermediaries, lowering costs and boosting transaction speeds over time," it said.
- Malaysia is the ninth market globally where Wise has gained direct access to a domestic payment system, following countries such as Singapore, Australia, Brazil and Japan, it said.
Reporting by Rozanna Latiff; Editing by John Mair
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