DuitNow Auto Debit allows businesses to collect recurring payments based on consent given by customers.
DuitNow Auto Debit Consent Registration is the process where you authorize a merchant to automatically collect recurring payments from your registered bank account.
How Does It Work |
1) One-off Consent Businesses send a one-off consent request via their own channel to customers. At the same time, customers approve the consent request at their respective online banking. OR Provide Consent Customer initiates the service themselves by providing consent to merchants for DuitNow AutoDebit at the merchant's platform or their own online banking. 2) AutoDebit Businesses or Biller debit customer's account on a recurring basis according to consent provided by their customer. |
What can be performed in internet banking |
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How Does it Benefit You As A Merchant |
1) Hassle-Free Connect to only one acquirer and collect payments from your customers' mobile, IC, MyKad, passport number from any Banks or eWallet in Malaysia. 2) Easy Reconciliation DuitNow AutoDebit reduces issues arising from incorrect payment data from customers. It also allows businesses to provide a fast and easy payment experience. 3) Features that add value This service offers customers a one-off consent registration request to collect funds on recurring or ad-hoc basis. It also helps with data storage issues (customers' account details). |