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.
Simple.app
Simple.app is a payment provider founded in 2021. It combines crypto processing, mass payouts and P2P transfers, serving companies in crypto, e-commerce and…
Skrill
Skrill is a payment system that has been running since 2001. It combines an e-wallet, bank transfers, a mobile app and an API for businesses. Payment methods…
SMJ Teratai
SMJ Teratai is a Malaysian company that handles money transfers, currency exchange and corporate remittances. It runs its own mobile wallet, eWANG, and an…
Sticpay
Sticpay is a payment system founded in 2017. It combines an e-wallet, acquiring for businesses and a mobile app, and supports both fiat and crypto assets…
Swapple
Swapple is a payment provider founded in 2024. It specialises in P2P transfers and crypto processing and works with projects in betting, gambling, binary…
Touch n Go eWallet
Touch n Go eWallet is a Malaysian e-wallet that also acts as a merchant acquirer. Businesses can accept payment from wallet users, in store by QR code or…
ToyyibPay
ToyyibPay is a payment gateway operating in Malaysia. It serves companies that sell online to Malaysian shoppers and want to accept payments through a local…
Tranglo
Tranglo provides international payouts for money-service businesses, and Tranglo Business for corporate clients. The business product includes virtual…
Trustee
Trustee is a payment provider operating since 2022. It combines P2P transfers, crypto processing and API integration and serves clients in Europe, Asia, the…
UniTeller Financial Services
UniTeller is a network for cross-border money transfers and business payments. The company handles pay-ins, sends payouts to recipients and operates through a…
Wallex
Wallex is a B2B payment service from M-DAQ Global for cross-border transfers, local collection and FX in Asia. The contracting entity is M-DAQ Payment…
Wise
Wise is an international payments service whose business offering combines a multi-currency payment account, FX, international transfers and batch payouts. The…
Xendit
Xendit is a payment gateway and payment services provider in Southeast Asia. The company operates in Indonesia, the Philippines, Malaysia, Singapore and…
Services 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.