Answer · Updated 2026-05-23 · Market: MY
How does DuitNow QR work for restaurants in Malaysia?
DuitNow QR is Malaysia's national unified QR payment rail. The POS generates a dynamic per-ticket QR; customer scans with any bank app or e-wallet (Touch 'n Go, Boost, GrabPay, MAE); funds settle T+1 with ~0.6-1.0% fees. LOOP auto-reconciles each payment to the originating ticket, eliminating cashier manual matching.
Key facts
- DuitNow QR adoption: 78% MY F&B (2026)
- Settles T+1
- Fees: 0.6-1.0%
- Auto-reconciles per ticket in LOOP