PayNet (Payments Network Malaysia) Tech Stack

Malaysia's national payments infrastructure operator

Financial Services Mid Valley City, Kuala Lumpur 501–1,000 employees Founded 2017 Privately Held

PayNet operates Malaysia's core payment systems and financial market infrastructure—eSPICK (cheque clearing), FPX (Internet payments), MyDebit (domestic debit cards), JomPAY (bill payments), and DuitNow (instant transfers)—serving 42 participating banks. Tech stack spans Python, Pandas, SQL, PostgreSQL, Hadoop, Spark, and multi-cloud (AWS, GCP, Azure), with hiring concentrated in engineering (7 open roles at senior/principal levels). Active projects cluster around legacy infrastructure modernization, disaster recovery, and operational excellence—a pattern typical of mission-critical financial infrastructure facing regulatory and availability demands.

Tech Stack 38 technologies

Core StackPython Pandas NumPy Apache Airflow PostgreSQL MySQL AWS Hadoop Apache Spark ServiceNow Jira Java Go Spring Hibernate Jenkins Ansible Linux Elasticsearch Grafana Prometheus COBIT SQL GCP Azure Spring Boot Tomcat SMTP Unix API Gateway+8 more

AdoptingAWS GCP Azure

What PayNet (Payments Network Malaysia) Is Building

◆Challenges

Legacy system modernization
Strengthening internal controls
Operational risk gaps
Reducing audit risk
Reducing cost
Ensuring business continuity
Process flow improvement
Improving governance and compliance
Automation to increase efficiency
Modernizing legacy application architecture

▲Active Projects

Cutting-edge audit programs
Ad-hoc reviews and investigations
Upgrade it infrastructure
Disaster recovery activities
Implement operational excellence practices
Itsm ticket tool implementation
Process workflow modeling
Data analytics integration into risk reviews
One stop portal modernization
Proof of concept development

Hiring Activity

Accelerating10 roles · 9 in 30d

Department

Engineering

Data

Legal

Operations

Ops

Seniority

Senior

Principal

C-Level

Lead

Manager

Mid

Notable leadership hires: Chief Engineer, Rules Lead

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About PayNet (Payments Network Malaysia)

PayNet is Malaysia's premier payments network and central financial infrastructure operator, majority-owned by Bank Negara Malaysia with eleven Malaysian financial institutions as joint shareholders. The organization builds and operates payment systems and market infrastructures that underpin Malaysia's financial system, spanning cheque clearing, interbank transfers, bill payments, debit cards, Internet payment gateways, and instant payment schemes. With 501–1,000 employees headquartered in Mid Valley City, Kuala Lumpur, PayNet serves as the backbone connecting Malaysian banks and billers to consumers across multiple payment channels and use cases.

HeadquartersMid Valley City, Kuala Lumpur

Company Size501–1,000 employees

Founded2017

Hiring MarketsMalaysia

Frequently Asked Questions

What payment systems does PayNet operate?

PayNet operates eSPICK (national cheque clearing), FPX (Internet payments), MyDebit (domestic debit cards), JomPAY (bill payments), Interbank GIRO (funds transfers across 42 banks), Direct Debit (recurring payments), and DuitNow (instant transfers).

What tech stack does PayNet use?

PayNet uses Python, Pandas, NumPy, Apache Airflow, PostgreSQL, MySQL, Hadoop, Spark, AWS, GCP, Azure, Java, Go, Jenkins, Ansible, ServiceNow, Elasticsearch, Grafana, and Prometheus.