Best Payment Gateways For Ecommerce Online Shop in Malaysia

Most popular and best Payment Gateway available in Malaysia for startups and Small Businesses.  Reviews the most popular online payment gateways available for Malaysia. Here we help help you to compare and to choose a secure payment system that has a price to suit your small business from Malaysia.

top malaysia payment gateway 2020 2021

Online Payment Gateways

Setup Fee & Annual Fee

Transaction Fee

Credit Card
Online Banking/FPX
E-Wallet

Note

IPAY88

SME - RM 488
STARTUP - RM488

SME - RM 500
STARTUP - RM0 Lifetime

SME
2.9 % on VISA / MasterCard
2.9% or min RM 0.60 For FPX (whichever is higher)

STARTUP
3.5% on VISA / MasterCard
3.5% or min RM 0.60 For FPX (whichever is higher)

Alliance Online
Am Online
CIMB Clicks
EON Online
Hong Leong Online
Maybank2u
RHB Online
FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks)

Remittance
Weekly Transfer to Bank Account

eGHL

RM 499
(Setup Fee )

Credit Cards
*2.5% MYR per processing
+ 1% non-MYR processing
+ MYR 0.50 for ticket size less than MYR 40.00


Non-Card/For FPX 
*2.5% or RM 0.50
(Whicheever is higher)

Alliance Online
Am Online
CIMB Clicks
EON Online
Hong Leong Online
Maybank2u
RHB Online
FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks)

Remittance
Weekly Transfer to Bank Account

Stripe

0 Setup Fee

3.4% + RM2 per successful transaction

N/A

Payouts request processed five business days prior.

PayPal

0 Setup Fee

Malaysia
3.9% + 2.00 MYR

Overseas
4.4% + 2.00 MYR

N/A

Transfer funds takes between 3 to 5 business days

SenangPay

Zero Setup Fee
Renewal RM300 For Basic Plan

2.5 % on VISA / MasterCard
1.5% or min RM 1.00 on FPX (whichever is higher) 

Alliance Online
Am Online
CIMB Clicks
EON Online
Hong Leong Online
Maybank2u
RHB Online
FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks)

Razer Merchant Services (formerly known as MolPay).

RAzer Lite: Setup Fees: RM 499

Annual Fees:

RM 99

3.8% per transaction or minimum RM 0.60 whichever is higher for online banking (e-debit) and Razer's 7-11 cash channel

Alliance Online, Am Online, CIMB Clicks, EON Online, Hong Leong Online, Maybank2u, RHB Online, FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks)

Optional opt for Razer Premium. Which is offers 3% Transaction rate

Compare Best Payment Gateway in Malaysia

If you not sure which payment gateway is the best option for your new online store. You can receive quotes based on your business needs specifically, allowing you to compare options that are relevant to your requirements – without comparing quotes, you could miss out on the most suitable packages. 

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