Payment providers in Malaysia
Payment providers in Malaysia: PSPs, payment gateways and aggregators for pay-ins and payouts — local methods, rates and onboarding terms. Listings: 76.
Business Expansion LLC
Business Expansion is a business infrastructure and international expansion partner helping iGaming, Web3 and FinTech businesses establish, structure and scale…
Echorch Payment
Echorch Payment Orchestration & Payouts What We Do Echorch is a payment orchestration platform providing unified pay-in and payout infrastructure through a…
2C2P
2C2P is a payment service provider and merchant acquirer operating in Southeast Asia. It helps merchants take payments in several markets of the region at…
Affin Bank
Affin Bank is a Malaysian bank that provides merchant acquiring directly to businesses. The merchant signs a contract with the bank itself, with no aggregator…
Alikassa
Alikassa is a payment provider that has run P2P processing and crypto processing since 2018. The service is built for online projects that need to accept…
Alliance Bank
Alliance Bank is a Malaysian bank that offers business customers merchant acquiring under the Alliance Merchant Solutions programme. The programme combines…
AmBank
AmBank is a Malaysian bank that provides merchant acquiring. Through AmBank, businesses operating in Malaysia accept payments via DuitNow QR, the national QR…
Axaipay
Axaipay is a payment gateway that also provides merchant acquiring. A business uses it to accept payments on its website or app and have the proceeds settled…
Bank Muamalat Malaysia
Bank Muamalat is a Malaysian bank that provides companies with merchant acquiring. A merchant can accept payments both at the point of sale and online and…
Bank Rakyat
A Bank Rakyat payment terminal comes from the POS programme of Bank Rakyat, a Malaysian bank operated by Bank Kerjasama Rakyat Malaysia Berhad that offers…
Billplz
Billplz is a payment gateway built for the Malaysian market. It brings together, in a single integration, the methods local shoppers already use: online…
CardBiz
CardBiz is a merchant acquiring company and PSP from Malaysia. It is one of the non-bank acquirers active in the Malaysian market and helps merchants accept…
CHIP
CHIP is a payment provider and merchant acquirer based in Malaysia. The company appears in the Bank Negara Malaysia directory of financial service providers as…
CIMB Bank
CIMB Bank is a Malaysian bank, operating as CIMB Bank Berhad, that offers merchant acquiring alongside business bank accounts. Its payments products also…
Dahabshiil
Dahabshiil is an international money transfer service that works through a digital channel and an agent network. Recipients can get money in a bank account, a…
dLocal
dLocal is a Montevideo-based payment platform founded in 2016 and listed on NASDAQ (DLO). It gives international companies one API and one contract for…
DOKU
DOKU is a payment gateway and wallet operating in Indonesia and Malaysia. The company plays two roles: it connects merchants to online payment acceptance and…
Ereus PSP
The provider was founded in 2024. It offers P2P processing and crypto processing for betting, gambling, gaming and crypto projects, and settles with merchants…
Upcoming events: Payment providers
All upcoming eventsServices in Malaysia
Payment providers by country
Subsections
Payment service providers in Malaysia
Malaysia's online checkout is a mix of bank redirects, QR and super-app wallets, with cards strongest among urban shoppers. This page lists {count} payment gateways and payin payout providers that accept Malaysian ringgit (MYR) or serve Malaysian merchants.
Local payment methods in Malaysia
- FPX: real-time online banking payments from all major Malaysian banks — a must-have for e-commerce and bill payments.
- DuitNow: national instant transfers by phone, ID or account number, and DuitNow QR accepted across banks and wallets.
- E-wallets: Touch 'n Go eWallet, GrabPay, Boost, ShopeePay.
- Cards: Visa, Mastercard and MyDebit; BNPL is growing for retail.
Regulation
Payment systems, e-money issuers and merchant acquirers are regulated by Bank Negara Malaysia (BNM) under the Financial Services Act; registered merchant acquirers must be approved by BNM. Digital asset exchanges fall under the Securities Commission. Most forms of gambling are restricted for Muslims and online gambling is largely prohibited, which limits local acquiring for gaming.
Verticals and cross-border
Malaysia is often bundled into SEA coverage alongside Thailand, Indonesia and the Philippines. Cross-border e-commerce, education, travel and SaaS are typical; high-risk merchants (forex, gaming) usually look for offshore structures and alternative pay-in. See high-risk merchants and cross-border.
How to choose a Malaysian PSP
- FPX bank coverage and success rates, DuitNow QR support
- Which wallets are live, and wallet refund rules
- Settlement in MYR vs USD, settlement timing
- Payouts to bank accounts via DuitNow / IBG
Related: banks in Malaysia, tech providers, legal, liquidity. Compare offers or post a request.