Status
Does not exist
If a RTPS exists
Yes
Vision: PSP interoperability
Unknown
Name (Payment)
Real-Time Retail Payments Platform (RPP)
URL (Payment)
https://fastpayments.worldbank.org/sites/default/files/2021-09/World_Bank_FPS_Malaysia_RPP_Case_Study.pdf
Region
Asia
# of participants
2020- 36
AML law
No
Bank participation in network
Yes
Centralised fraud management system?
Unknown
Consumer protection law
Yes
Governor
Central bank/ Financial regulator
Non-bank participation in network
Yes
Notes
Offline transactions
Unknown
Operator
Banking association
QR-based transactions
Yes
Reporting forum/ website/ form
Unknown
Rules: data handling rules for PSPs, users
Unknown
Rules: data leak notifications
Unknown
Rules: participation conditions
Yes
Rules: recourse mechanism
Unknown
Rules: transaction recall
Unknown
Settlement systems
RTGS
Transaction cost
Variable, not free
Transaction types
P2P
P2M
B2B
Value (Year-USD)
Unknown
Volume (Year- Volume)
Unknown