Farhan Ahmed

Mr. Farhan Ahmad is the Group Chief Executive Officer of Payments Network Malaysia Sdn Bhd (‘PayNet’). He joined PayNet in April 2022, bringing with him over 25 years of financial services experience as an entrepreneur and senior executive in the US and UK.

As an entrepreneur, Mr. Ahmad most recently founded Bento for Business, a B2B financial operating platform for SMEs that he successfully grew and sold to US Bank, the fifth largest retail bank in the US. Prior to Bento, he founded 2 other successful start-ups, pioneered several ‘first of its kind’ payment solutions, including the very first online Buy Now Pay Later solution, and holds several patents in the payments space.

As an executive, Mr. Ahmad most recently ran Digital Card Payments for Europe for Barclays. In the past, he has held various leadership roles with Discover Financial Services, JP Morgan Chase, Bank One, and FirstUSA.

An International Baccalaureate scholar, he has a bachelor’s degree in Economics from the University of Pennsylvania and is an Official Member of Forbes Finance Council since June 2019.

About PayNet: PayNet is the national payments network and central financial infrastructure for Malaysia with the vision to empower Malaysia's digital economy. Our extensive product suite, DuitNow (POS and P2P), JomPay (Bill pay), FPX (Online), MyDebit (Domestic Debit), MEPS (ATM), and IBG (Interbank GIRO) has near ubiquitous coverage across the nation and is part of the daily fabric of life in Malaysia. These 'everyday use' products combined with PayNet's domestic and cross-border ATM network, Check Clearing, and Cash Processing capabilities enable us to safely move money across the economy in real time, regardless of tender type, channel or use case.