KUALA LUMPUR, 12 November 2025 – Malaysia’s property and financial sectors took a significant step toward greater digitalisation and transparency today with the official launch of PaymentXChange, a digital property transaction and valuation platform developed by Infomina Geolytik. The event was officiated by Deputy Finance Minister YB Puan Lim Hui Ying, who hailed the platform as a “strategic milestone” in embedding trust, compliance, and accountability within Malaysia’s property ecosystem.
Speaking at the launch, YB Lim emphasised that the initiative represents more than just a technological upgrade, it is a statement of intent to modernise one of the nation’s most vital economic pillars. “Today’s event signifies more than the launch of a platform or the introduction of a new system,” she said. “It reflects our shared commitment to strengthening confidence, reinforcing compliance, and enhancing resilience within Malaysia’s property market, a sector that plays a fundamental role in business and in the lives of Malaysians seeking a home and a stable future.”
The Deputy Minister noted that digitalisation is no longer a luxury but a necessity, especially as the government strengthens governance and fiscal integrity across the financial and property landscapes. “We see this in how taxation is administered, how subsidies are delivered, and how financial services are regulated,” she explained. “The goal remains the same, to strengthen governance, reduce leakages, and ensure fairness, accountability, and efficiency at every level.”
Building Transparency Through Technology
Highlighting long-standing challenges in property transactions, YB Lim pointed out that manual, fragmented processes have historically led to inefficiencies and vulnerabilities, conditions that bad actors could exploit amid rising scam activities. Platforms like PaymentXChange aim to change that.
“By introducing digital infrastructure that records, reconciles, and reports transactions in real time, we are embedding trust within the system,” she said. “When records are consistent, when data is verified, and when approvals are secured, we create a market environment where both opportunities and responsibilities move together. Transparency becomes a foundation, not an afterthought.”
PaymentXChange integrates verified data, digital valuation frameworks, and secure payment workflows into a circular digital environment. Through this, buyers and sellers gain protection against fraud, banks manage risks more confidently, and regulators can monitor transactions with greater precision.
Compliance and Risk Management
YB Lim reaffirmed that the government’s broader agenda, particularly in the lead-up to Budget 2026, centres on ensuring that every ringgit in circulation is traceable and accountable. The upcoming Anti-Money Laundering Act (AMLA) reforms and the Risk Management in Technology (RMiT) framework, she said, will be key to this effort.
“These frameworks ensure that funds entering and moving through the system are legitimate, identities are verified, and transactions can be audited when necessary,” she stated. “Compliance is not merely about adhering to rules—it is about protecting value, protecting trust, and protecting livelihoods.”
Strengthening the Property Ecosystem
The Deputy Finance Minister commended Infomina Geolytik’s role in integrating valuation and payment ecosystems into a single trusted infrastructure. Through its ValuationXchange platform and the new PaymentXChange, the firm provides data-driven standardisation across valuation and transactional processes, supporting banks, developers, valuers, and regulators alike.
“This is not simply about convenience,” she said. “It is about establishing a system where trust is embedded in every transaction—from the moment a deposit is made to the approval of financing and the final transfer of ownership.”
YB Lim underscored that the property sector remains a cornerstone of Malaysia’s economy, influencing household wealth, intergenerational security, and national investment confidence. “The question before us is not just how we make transactions faster, but how we make the entire ecosystem stronger, more transparent, and more efficient,” she concluded. “A property market that is well-governed and digitally verifiable strengthens Malaysia’s national standing, it reflects a nation where financial flows are accountable, institutions are trusted, and opportunities are built on integrity.”
She also extended her appreciation to industry partners and stakeholders who contributed to the initiative, describing their collaboration as a reflection of “the spirit of progress and partnership Malaysia needs as it moves toward a more digital, transparent, and resilient economy.”
