All-In-One Online Payment Solution

Payment gateway is the first step in the online payment process. Choosing the right payment gateway in Malaysia to gives your customers ease of mind when they make any purchases online.

All-In-One Online Payment Solution

Payment gateway is the first step in the online payment process. Choosing the right payment gateway in Malaysia to gives your customers ease of mind when they make any purchases online.

Malaysia Online Payment Gateways Comparison

Compare Malaysia’s most popular online payment gateway in the comparison chart below.

Merchant Providers
Setup Fee	iPay88 SME Plan – RM 488 iPay88 Individual/SOHO Plan – RM 488	On-boarding Fee* – RM499 On-boarding Fee* – RM5000 On-boarding Fee* – RM10000	FREE	FREE	Basic: Free Standard: RM 3,180/year	Lite Plan: RM 499 Premium Plan: RM 400
Annual Fee	iPay88 SME Plan – RM 500 (No Hidden Charge) iPay88 Individual/SOHO Plan – Waived	*On-boarding Fee – RM499 :– RM 25.00 Monthly – (Waived if transaction volume exceeds RM 15k per month) On-boarding Fee* – RM5000 : RM- 599.00 (Waived if transaction volume exceeds RM 180k per year) On-boarding Fee* – RM10000 :** MY- 599.00 (Waived if transaction volume exceeds MR 180k per year)	FREE	FREE	FREE (Basic Plan)	Lite Plan: RM 99 (waived for the first year) Premium Plan: RM 499
Payment method (Online banking)	SME – 3.5% per transaction or minimum RM 0.60 whichever is higher for online banking (e-debit) SOHO – 3.5% per transaction or minimum RM 0.60 whichever is higher for online banking (e-debit)	FPX *On-boarding Fee – RM499 :* 2.5% or RM 0.60 per transaction via FPX (Whicheever is higher) *On-boarding Fee – RM5000 : 2.0% or MYR 0.60 per transaction (Whichever is higher) On-boarding Fee* – RM10000 :** 1.8% or MYR 0.60 per transaction (Whichever is higher)	3.0% + RM 1.00 per paid transactionon via FPX Fees exclude SST.	Domestic 3.9% + RM2.00 Cross border 4.4% + Fixed fee based on the currency received	FPX B2C RM 1.00 per transaction (basic package) Standard package RM0.50	Lite Plan: 3.8% or min. RM 0.60 whichever is higher Premium Plan: (B2B) 2.4% or min. RM 0.60 whichever is higher (B2C) RM 2.00
Payment method (Credit card & eWallet)	SOHO : E-wallet: 1.0% – Maybank QR, Boost wallet 1.5% – GrabPay, ShopeePay, Touch ‘n Go, Boost, MCash, NetsQR 2.0% – KipplePay SME : Credit Card: Visa & MasterCard- MDR 2.9% Debit Card: Visa & MasterCard-MDR 2.8% UnionPay Credit/Debit card: Visa & MasterCard-MDR 2.8% E-wallet: 1.0% – Maybank QR 1.5% – GrabPay, ShopeePay, Touch ‘n Go, Boost, MCash, NetsQR E-wallet 1.0% – Maybank QR, Boost wallet 1.5% – GrabPay, ShopeePay, Touch ‘n Go, Boost, MCash, NetsQR 2.0	*On-boarding Fee – RM 499: Cards Scheme : 2.5%, MYR processing ( 2%, non-MYR processing and MYR 0.50 for ticket size e-Wallet : 1.3% per transaction – Boost, GrabPay 1.3% per transaction – MCash, Touch ‘n Go 1.3% per transaction – MAE Buy Now Pay Later: Grab PayLater Postpaid – 6% per transaction PayLater Instalment – 8% per transaction On-boarding Fee – RM 5000:* Cards Scheme : 2.0%, MYR processing ( 1%, non-MYR processing and MYR 0.50 for ticket size e-Wallet 1.3% per transaction – Boost, GrabPay 1.3% per transaction – MCash, Touch ‘n Go 1.0% per transaction – MAE Buy Now Pay Later: Grab PayLater Postpaid – 6% per transaction PayLater Instalment – 8% per transaction *On-boarding Fee – RM 10000:** Cards Scheme : 1.8%, MYR processing ( 1%, non-MYR processing and MYR 0.50 for ticket size e-Wallet 1.2% per transaction – Boost, GrabPay 1.2% per transaction – MCash, Touch ‘n Go 1.0% per transaction – MAE Buy Now Pay Later: Grab PayLater Postpaid – 6% per transaction PayLater Instalment – 8% per transaction	3% + RM1.00 per paid transaction on VISA / Master card, additional 2% fee for currency conversion Fees exclude SST.	Domestic 3.9% + RM2.00 per paid transaction on VISA / Master card / American Express	Basic – 2.2% (per paid transaction) Standard – 2.2% (per paid transaction)	Credit Card Lite Plan: 3.8% Premium Plan: 2.4% E-wallet Lite Plan: N/A Premium Plan: 1.2% – Maybank QR 1.4% – GrabPay, ShopeePay, Touch ‘n Go 1.6% – Boost
Supported Currencies	RM only	RM (MYR), RM 500 setup for each foreign currency	International Currencies	International Currencies	RM only	RM only
Withdrawal Method	Transfer to local bank (weekly)	Transfer to local bank (weekly)	Transfer to local bank (weekly/monthly)	Transfer to local bank / visa card Payment into Paypal Account Instantly.	Next day (T+1)	Transfer to local bank (weekly)
Received money in local bank
Bank Transfer and other payment services	SOHO : Alliance Online Am Online CIMB Clicks AEON Online Hong Leong Online Maybank2u RHB Online FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks) SME : Alliance Online AM Online CIMB Clicks AEON Online Hong Leong Online Maybank2u RHB Online FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks)	Malaysia Online Bank Transfer MayBank2U CIMB Clicks RHB Online HL Online Alliance Online PbeBank AmBank Bank Islam UOB Affin Online Bank Rakyat Muamalat OCBC Standard Chartered KFH Other Country Debit	FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks)	N/A However, a customer can top up his / her Paypal accounts via online bank transfer.(Eg RHB Bank Online Transfer to top up)	Malaysia Online Bank Transfer Alliance Online Am Online CIMB Clicks Aeon Online Hong Leong Online RHB Online FPX Other Payment Methods ShoppeePay Boost Wallet GrabPay TouchnGo pay Maybank QRpay	Maybank2U CIMB Clicks Hong Leong Connect Public Bank PBe RHB Now Alliance Online Affin Online Bank Islam Online UOB Bank Online OCBC Bank Online Standard Chartered Bank Online AmOnline I-Rakyat I-Muamalat Kuwait Finance House Bank Simpanan National Online HSBC Online Other Payment Services Razer Cash at 7-Eleven Buy Now Pay Later (BNPL -Atome, -Rely, PayLaterby Grab, IOUPay) 99 Speed Mart KK Speed Mart Cryptocurrencies: Bitcoin Ethereum Tether(USDT)
Supported cards	VISA Master card UnionPay American Express	VISA and Master card	VISA and Master card UnionPay Link Maestro American Express	VISA card Master card Discover American Express	VISA card Master card UnionPay	VISA card Master card PayNet MyDebit UnionPay Discover/Diners
Minimum amount for withdrawal	RM 100	No Minimum withdrawal amount	RM 5	RM 40	N/A	Startup: RM100 SME: RM100
Application Approval Time	Within 14 working days (for internet bank transfer) 2 to 3 months (for credit card gateway)	Credit Card: within 2 months Online Banking: 7 – 14 working days	Immediate	Immediate (Get Your Credit Card ready to verify your PayPal Account)	Basic – The application may take ten (10) business days – upon complete documentation. Standard – The application may take fourteen (14) business days – upon complete documentation.	Credit Card: within 1 months Online Banking: 3-5 working days
E-Wallet	Alipay Boost GrabPay MAE(M2U) NETS PrestoPay Setel Shopee Pay TNG UnionPay WeChatPay GooglePay	Boost GrabPay MCash TNG MAE(M2U) Atome	GrabPay ApplePay Click To Pay GooglePay	N/A	Shopee ApplePay Click To Pay GooglePay	TNG Digital Boost GrabPay ShopeePay MAE (M2U) WeChat Pay AliPay DuitNowQR Crossborder
E-commerce Platform Integrations	Shopify WooCommerce, EasyStore, cubecart, Ecshop, Ecwid, Interspire, JustSimple, AdobeCommerce Cloud, Opencart, Oscommerce, Prestashop, Shopex, Shopmatic, Sitegiant, Ubercart, VirtueMart, webShaper, Whmos, Zen cart	Shopify, WooCommerce, EasyStore, Squarespace, Fiverr	Shopify, WooCommerce, EasyStore, Squarespace, Magento, RapidCloud, VirtueMart, Opencart, PrestaShop, Zen cart, J2store, Shoptimize, Oscommerce, Zenoti, HikaShop, myBizCart	Shopify, WooCommerce, EasyStore, Squarespace, Magento, RapidCloud, VirtueMart, Opencart, PrestaShop, Zen cart, J2store, Shoptimize, Oscommerce, Zenoti, HikaShop, myBizCart	Shopify WooCommerce, EasyStore, Exabytes, Sitegiant, Instaweb, OnPay, travelport galileo, PrestaShop, webShaper, amaxMall	Shopify, WooCommerce, EasyStore, Avana, Cs.cart, Cubecart, Drupal commerce, EasyStore, Ecshop, eStore, Shopline, Instant store, Interspire, Magento, Net Shop, Opencart, ShopEx, Sitegiant, VirtueMart, Web Ninja, Web shaper, Xcart, myBizCart, PrestaShop, Good maji

Malaysia Payment Gateway Benefits You Should know

Billplz

• Quick application & approval process (3 working days)
• Process members payout directly in local currency
• Easily share campaign across all social media channels
• Support all banks under FPX

-> Check Pricing From Billplz Official Page

Stripe

• Comprehensive security and rigorous compliance
• Fast and predictable payouts
• 24×7 phone, chat and email support
• Robust developer platform and third-party integrations

-> Check Pricing From Stripe Official Page

PayPal

• Easy sign up
• International presence
• 100 Million+ ACTIVE registered accounts
• Process multi-currencies

-> Check Pricing From PayPal Official Page

iPay88

• Support Malaysia Online Bank Transfer
• Offer International Gateways – multiple currencies
• Low transaction fee
• Short settlement period
• After sales service

-> Check Pricing from iPay88 Official Page

Razer Merchant Services

• Low transaction fee
• Support Malaysia Online Bank Transfer
• Registered Business (Merchant Acquiring Services) with Bank Negara Malaysia (Payment System Act 2003)
• Ability for customers to pay at 7-11 or Petronas via MOLCash
• Extra Loyalty Points via B-Infinite (formerly known as Bcard)

-> Check Pricing from MOLPay Official Page