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