In 2024, Malaysia saw a remarkable boost in digital payments, growing by over 172 billion U.S. dollars. This highlights the nation’s rapid shift toward a cashless society, driven by the need for secure and efficient transactions. As businesses in Malaysia continue to thrive, the importance of reliable online payment solutions has never been greater.

Payment gateways are now essential for managing both local and international transactions, playing a key role in the country’s vibrant e-commerce and global trade landscape.

In this article, we’ll dive into the top payment gateways in Malaysia, exploring their features, pros, and cons to help you find the perfect fit for your business. Let’s guide you through making a smart choice for your payment needs!

Quick Overview for Best Payment Gateways in Malaysia (2026)

Payment Gateway	Key Features	Key Payment Methods	Best For
PayPal	• 200+ countries • Supports 25+ currencies • Strong global brand trust • Buyer/Seller protection • Recurring billing	• Credit/Debit cards • PayPal wallet • PayPal “Pay in 3” (BNPL) • Email invoicing	• Global export/dropshipping • International freelancers • Cross-border digital goods
iPay88 (NTT DATA)	• Supports 13+ currencies • Advanced fraud detection • Seamless API integration • Comprehensive reporting	• Card acceptance • Online banking • E-wallets • Instalment & BNPL	• Established local SMEs • High-volume domestic retail • Government-linked entities
eGHL (NTT DATA)	• Multi-currency support • Omnichannel setup • Secure “Secure CNP” technology	• Credit card instalments • All MY e-wallets • Cross-border QR (DuitNow) • Online banking	• Regional SEA retailers • Hospitality & travel • High-ticket item instalments
Paydibs	• Paydibs NEO dashboard • Super-fast onboarding • Scalable pricing tiers	• FPX (B2C & B2B) • Major e-wallets • Recurring card payments	• Growing tech startups • SMEs needing transparency • Agencies & B2B services
Fiuu (formerly Razer)	• Extensive regional payment network • Virtual terminal app • Cash payment via retail outlets	• Cash at 7-Eleven & Speedmart • DuitNow QR & FPX	• Mass-market e-commerce • Cash-based & unbanked customer segments
senangPay	• Malaysia-focused • Flexible payment plan tiers • Easy WordPress & Shopify plugins	• Payment links • Recurring payments • FPX & local cards • E-wallets	• Social media sellers • Micro-merchants • Beginner entrepreneurs
Stripe	• Supports 135+ currencies • No setup or annual fees • Industry-leading developer tools	• Apple Pay & Google Pay • Global cards • FPX & GrabPay • Link (1-click checkout)	• Tech-first companies • Multi-currency global stores • Custom-built checkouts
Billplz	• Low flat-fee pricing • High-speed FPX processing	• DuitNow QR • FPX (B2B & B2C) • PayPal integration • Membership billing	• Schools & NGOs • Property management • B2B services
HitPay	• Multi-currency • Shopify & POS sync • Pay-as-you-use (no fees)	• Shopify/Wix integration • DuitNow QR & cards • Apple/Google Pay • In-person POS	• Shopify store owners • Flea market/pop-up sellers • Cost-conscious SMEs
Bizappay	• Malaysia-only • Social commerce features	• Simple billing links • Bulk payments • FPX • DuitNow QR	• Local service providers • Fast cash flow sellers • SMEs
Razorpay Curlec	• Malaysia & India focus • Direct debit & recurring billing specialist	• UPI (India) payments • Direct debit • Payment links & invoices • Recurring card billing	• Subscription models • India-linked trade • SaaS & service startups

1. PayPal

PayPal is a powerhouse in digital payments, recognised worldwide for transforming how money moves online. Since its inception in 1998, it has enabled seamless global transactions, allowing users to link their bank accounts or cards and send or receive money with ease. Known for its security and convenience, PayPal has become a trusted solution for individuals and businesses alike, offering a fast and safe way to manage finances without the need to share sensitive banking details.

• Key Features:
  • Supports global transactions in over 200 countries and 25 currencies.
  • Strong global brand trust with buyer & seller protection.
  • Enables recurring billing and email invoicing.

• Pros:
  • Globally recognised and trusted.
  • Fast setup and easy to use.
  • Integrates with popular e-commerce platforms.

• Cons:
  • High fees for cross-border and FX transactions.
  • Account freezes and support delays may occur.

2. iPay88

iPay88 is a long-established payment gateway in Malaysia and Southeast Asia that now operates as part of ADAPTIS, a regional payments group backed by NTT Data Payment Services. Founded in 2006, iPay88 has played a key role in enabling secure online payments for Malaysian businesses, particularly those requiring strong local bank connectivity and enterprise-grade reliability.

Following its integration into ADAPTIS, iPay88 continues to support businesses ranging from established SMEs to large enterprises, offering flexible payment solutions for domestic and cross-border transactions.

• Key Features:
  • Supports direct link checkout, email payments, and recurring billing.
  • Enables cross-border payments with automatic currency switching and local price display.
  • Accepts cards, FPX (Financial Process Exchange), e-wallets, instalments, and BNPL
  • Fraud detection features for secure transactions.
  • Built-in fraud detection and risk management tools.

• Pros:
  • Strong reputation and adoption in Malaysia.
  • Deep integration with local banks and payment rails.

• Cons:
  • High setup costs.
  • Merchant approval and onboarding can be time-consuming.

3. eGHL

eGHL is a leading payment gateway in Malaysia, with a strong focus on the Southeast Asian market. It simplifies secure payment processing for businesses of all sizes, providing a comprehensive platform that supports credit card transactions, online banking, and e-wallets.

In recent years, eGHL transitioned to operate as part of ADAPTIS, a regional payments group connected to broader industry developments across Southeast Asia.

• Key Features:
  • Accepts multiple international currencies.
  • Supports credit cards, e-wallets, and FPX.
  • Provides omnichannel capabilities and recurring billing
  • Offers omnichannel capabilities and recurring billing options.

• Pros:
  • Competitive transaction fees.
  • Simple interface for easy setup.
  • Strong customer support.

• Cons:
  • Limited global reach compared to competitors like PayPal.
  • Primarily optimised for Malaysia and SEA.

4. Paydibs

Paydibs is a Malaysia-based payment gateway designed to offer fast onboarding, transparent pricing, and flexible payment acceptance for SMEs and growing digital businesses.

Paydibs is particularly popular among tech startups, agencies, and SMEs seeking a straightforward payment solution without the complexity of traditional enterprise gateways.

• Key Features:
  • Paydibs NEO dashboard for real-time transaction monitoring.
  • Supports FPX (B2C & B2B) and major e-wallets.
  • Provides native plugins for popular platforms like Shopify, WooCommerce, and Magento.
  • Enables recurring card payments for subscriptions and services.

• Pros:
  • Transparent pricing structure.
  • Very quick and easy merchant onboarding.
  • User-friendly dashboard.

• Cons:
  • Focuses primarily on the Malaysian market.

5. Fiuu (formerly Razer)

Fiuu, previously known as Razer Merchant Services (RMS) is a payment solution whose premise is built on providing businesses with a smooth and secure way to accept payments online and offline.

The platform is designed to cater to businesses of all sizes, from mass-market eCommerce merchants to sellers serving unbanked or cash-preferred customers.

• Key Features:
  • Supports cards, FPX, e-wallets, and cash payments (e.g., 7-Eleven, Speedmart).
  • Virtual Terminal App for mobile and in-person payments.
  • Advanced fraud monitoring and risk management tools.

• Pros:
  • Strong fraud detection and encryption.
  • Wide variety of supported payment methods

• Cons:
  • Lengthy registration process for new businesses.

6. senangPay

senangPay is all about making payments easy, as the name suggests, and that is why it is on our list of top payment gateways in Malaysia. It’s a user-friendly online payment gateway designed with small businesses, micro-merchants, and new eCommerce sellers.

They offer a variety of payment options, from credit cards to online banking, which means your customers can pay however they feel most comfortable. One of the cool things about SenangPay is that you don’t need to be a tech genius to set it up. It’s designed to be straightforward and integrated.

• Key Features:
  • Quick setup without lengthy approval processes.
  • Optimised for Malaysia-based merchants.
  • Supports credit cards, FPX, and local e-wallets.
  • Provides payment links and recurring payment options.
  • Easy integration with platforms like WordPress and Shopify.

• Pros:
  • Affordable pricing for SMEs and micro-businesses.
  • Easy integration with website platforms.

• Cons:
  • Limited international payment capabilities.

7. Stripe

Stripe is one of those payment platforms that’s practically a household name in the tech world, so it is no surprise that we have featured it on our top 11 payment gateways in Malaysia. It’s built for businesses of all sizes, from startups to global giants, making online payments smooth and secure. What sets Stripe apart is how developer-friendly it is if you’re building an online business. Stripe makes it super easy to integrate payments into your platform.

• Key Features:
  • Supports over 135 currencies.
  • Built-in analytics and reporting tools.
  • Supports FPX, global cards, Apple Pay, Google Pay, and Link (1-click checkout).
  • Industry-leading developer tools and API integrations

• Pros:
  • Ideal for businesses with international reach.
  • Offers fraud prevention and subscription management tools.

• Cons:
  • High fees for international payments.
  • Slow customer support for smaller businesses.

8. Billplz

What sets Billplz apart is its focus on affordability and simplicity, and for that reason, we have ranked them on our list of payment gateways in Malaysia. They’ve streamlined the whole process, so you don’t need to worry about complicated setups or high fees. Just sign up, create an invoice, and you’re good to go. Plus, they offer real-time transaction updates, which is a nice touch when you need to stay on top of your cash flow.

• Key Features:
  • Low flat-fee FPX pricing, ideal for cost-sensitive merchants.
  • Supports DuitNow QR, cards, and PayPal integration.
  • Built-in tools for memberships, billing cycles, and invoicing.
  • Simple API for system and website integration.

• Pros:
  • Fast access to funds, often settled within the same day.
  • Simple integration with minimal technical expertise is required.

• Cons:
  • Limited international capabilities.

9. HitPay

HitPay is an all-in-one payment solution designed for SMEs and online sellers that need simple, affordable, and flexible payment acceptance. As one of the growing payment gateways in Malaysia, HitPay provides a reliable way for businesses to accept payments quickly and securely across multiple channels.

• Key Features:
  • Accepts DuitNow QR, cards, Apple Pay, and Google Pay.
  • Built-in POS system for offline and pop-up retail.
  • Pay-as-you-use model with no setup fees.
  • Native integrations with Shopify, WooCommerce, and Wix.

• Pros:
  • Easy integration with major eCommerce platforms.
  • Transparent, no-setup-fee pricing model.

• Cons:
  • Limited enterprise-level features.

10. Bizappay

What really stands out about Bizappay is its focus on ease of use and accessibility. You don’t need a tech background like most payment gateways in Malaysia to set it up; just register and generate a payment link or QR code, and you’re ready to start accepting payments. It’s perfect for small businesses, freelancers, or anyone looking for a no-fuss payment solution.

• Key Features:
  • Supports subscription models and recurring payments.
  • Low transaction fees and flexible monthly plans.
  • Simple payment links and QR code generation.
  • Integrates with platforms like Shopify.

• Pros:
  • Easy onboarding process.
  • Integration with e-commerce platforms like Shopify.
  • Great for small businesses with recurring billing needs.

• Cons:
  • Limited advanced reporting and fraud detection features.
  • Limited support for international transactions.

11. Razorpay Curlec

Razorpay Curlec is a modern payment solution that combines Curlec’s recurring payment expertise with Razorpay’s wider technology ecosystem. Originally founded in 2018 as Curlec in Malaysia, the company specialised in direct debit and automated collections for SMEs and subscription businesses. In 2022, Razorpay acquired a majority stake in Curlec, marking Razorpay’s first international expansion and integrating Curlec into its global payments network.

• Key Features:
  • Strong focus on direct debit and recurring billing.
  • Supports payment links, invoicing, and subscription workflows.
  • UPI support for India-linked transactions.
  • Designed for businesses with regular or automated payment cycles.

• Pros:
  • Excellent for subscription-based and recurring payment models.

• Cons:
  • Limited international payment options outside Malaysia–India corridors.

How to Choose the Right Payment Gateways in Malaysia

When comparing the best payment gateways in Malaysia, the goal is to find a solution that fits your business model, your customers, and your budget.

Here are the key factors that matter most:

1. Payment Methods Your Customers Use
   • Choose a gateway that supports the methods Malaysians rely on, including FPX, credit/debit cards, DuitNow QR, e-wallets, and BNPL. The more familiar the options, the smoother the checkout.
2. Fees and Overall Cost
   • Different gateways charge different rates for FPX, cards, and international payments. Check the per-transaction fees, settlement fees, and currency conversion charges to find one that fits your margins.
3. Security and Reliability
   • A good payment gateway in Malaysia must offer fraud protection, encryption, PCI-DSS compliance, and stable uptime. This protects your revenue and builds customer trust.
4. Integration With Your Website or Platform
   • Look for gateways that work easily with Shopify, WooCommerce, Wix, BigCommerce, or your custom site. Quick integration means faster selling and fewer technical issues.
5. Customer Support and After-Sales Service
   • Reliable support is essential, especially for SMEs. Pick a provider that offers responsive help when something goes wrong.

How DSGPay Supports Payments in Malaysia

As you’ve become familiar with all the options available for the payment gateways in Malaysia. With an extensive network of supported banks across Malaysia, DSGPay ensures that recipients can receive funds directly into their local bank accounts without any hassle.

This broad coverage makes it easier for businesses to manage manage vendor payments, partner settlements, customer refunds, payroll-like disbursements, and other operational payouts efficiently and securely, ensuring that funds reach Malaysian recipients on time.

Key Benefits of Using DSGPay

• Named Virtual Accounts in Your Business Name
  Send and receive payments under your own brand through DSGPay’s global and local virtual accounts.
• Supports 30+ Currencies
  Hold, send, and receive major currencies such as USD, EUR, GBP, AUD, KRW, AED, HKD, SGD, and others
• Competitive FX Rates & Lower Fees
  Convert currencies instantly at transparent, competitive rates without inflated markups.
• API Integration
  Automate payout workflows and connect easily to your internal systems.
• Licensed and Secure Infrastructure
  Operates under a Hong Kong license and partners with trusted financial institutions to maintain strong compliance, AML screening, and secure fund flows.

Ready to scale your business with smarter global payments? Contact our team.