KUALA LUMPUR: Paydibs Sdn Bhd, Malaysia’s merchant-first payment gateway, has partnered with AltPayNet, a Philippines-based global payment service provider, to strengthen financial interoperability and inclusion by delivering seamless payment services for overseas communities and regional merchants.
Through this partnership, AltPayNet will leverage Paydibs’ locally licensed payment infrastructure in Malaysia to enable secure and compliant payment interoperability, between the two markets. By linking AltPayNet’s network with Paydibs’ in-market payment rails, the collaboration establishes an integrated framework that supports broader access to essential financial services while aligning with regional objectives to promote interoperable retail payments across Asean.
Paydibs CEO Tee Kean Kang said this partnership reflects Paydibs’ commitment to advancing financial connectivity through inclusive and interoperable payment solutions.
By supporting services such as Social Security System (SSS) contributions on their platform, they are helping overseas communities remain financially connected and secure using trusted and compliant local payment infrastructure, he added.
The initial rollout will focus on enabling Filipinos residing in Malaysia to make contributions directly to the Philippines’ SSS – the equivalent of Malaysia’s Employees Provident Fund. This provides a reliable and convenient way for overseas Filipinos to keep their social security contributions up to date, and maintain access to essentials services at home.
AltPayNet CEO Don Vacal said, “Our goal is to ensure financial access empowers Filipino families and communities, wherever they are. By partnering with Paydibs, we can offer secure, interoperable and compliant payment services that help overseas Filipinos meet essential obligations such as SSS contributions, while also opening new opportunities for merchants across borders.”
In addition, Paydibs has been appointed as the official payment processor for AltPayNet’s merchants in Malaysia. Transactions will be routed through locally approved payment rails to ensure compliance and operational efficiency. Over time, the partnership is expected to expand beyond SSS contributions to cover a wider range of merchant payments, broadening access for both businesses and consumers.
On the broader impact of the partnership, Vacal said, “This collaboration strengthens our presence in Malaysia and builds on our operations. Together with Paydibs, we are expanding inclusion and supporting sustainable economic growth for merchants and communities alike.”
Looking ahead, both companies view this collaboration as a foundation for a more inclusive and interoperable regional payments ecosystem, starting with social security contributions and extending to a wider range of merchant payments.
Paydibs and AltPayNet aim to strengthen financial resilience for overseas communities while enabling businesses to benefit from a more integrated regional payments ecosystem.
