As Malaysia continues its transition toward a fully digital economy, cashless transactions are no longer just a convenience—they are an expectation. From online shoppers using FPX and e-wallets to retail customers tapping cards at physical counters, businesses must be equipped with reliable payment systems to stay competitive.
This is where choosing the right payment gateway Malaysia providers becomes crucial. A payment gateway acts as the backbone of your transaction process, ensuring payments are processed securely, quickly, and seamlessly. For businesses with physical stores, integration with a dependable payment terminal is just as important as online checkout performance.
In this article, we explore 10 of the best payment gateways available in Malaysia, starting with Paydibs as the leading solution, followed by other reputable Malaysia-based providers that cater to different business needs.
1. Paydibs – A Complete Payment Solution Built for Malaysian Merchants
Paydibs has earned its position as one of the most comprehensive and trusted payment gateways in Malaysia. Designed specifically for the local market, it addresses the real-world needs of Malaysian businesses, from startups to established enterprises.
One of Paydibs’ strongest advantages is its ability to handle both online and offline payments through a single ecosystem. Businesses can accept credit and debit cards, FPX online banking, and various digital wallets, while also integrating with physical payment terminal systems for in-store transactions.
Paydibs emphasizes security, scalability, and flexibility. Merchants can customize the payment experience, monitor transactions in real time, and rely on strong fraud-prevention mechanisms. Its local support team also makes onboarding and troubleshooting significantly easier compared to overseas providers.
For companies seeking a reliable, locally optimized payment gateway Malaysia businesses trust, Paydibs stands out as a top-tier choice.
2. iPay88 – A Trusted Name Among Malaysian Consumers
iPay88 is one of the most recognizable payment gateway brands in Malaysia, with a long-standing presence in the market. Many online shoppers are already familiar with its interface, which can help improve customer confidence during checkout.
The platform supports a wide range of payment methods, including online banking, cards, and popular e-wallets. iPay88 also provides solutions for businesses operating physical outlets, allowing integration with payment terminal hardware.
Its reputation and extensive banking partnerships make iPay88 a solid option for businesses that prioritize reliability and brand recognition.
3. eGHL – Enterprise-Grade Omnichannel Payments
eGHL, operated by GHL Systems Berhad, is widely used by medium to large businesses in Malaysia. It focuses heavily on omnichannel payment solutions, allowing merchants to manage online, mobile, and in-store transactions within a unified system.
Retailers, hotel chains, and franchises often prefer eGHL due to its robust infrastructure and compatibility with advanced payment terminal setups. The platform also offers detailed reporting tools, making it easier for businesses to analyze sales performance across multiple channels.
eGHL is ideal for organizations that require stability, scalability, and enterprise-level features.
4. SenangPay – Fast Setup for Growing Online Businesses
SenangPay is well-known for its simplicity and ease of use. It appeals particularly to small businesses, solo entrepreneurs, and online sellers who want a quick and affordable way to accept payments.
The platform supports FPX and card payments, with straightforward integration for websites and online stores. While it does not focus heavily on physical payment terminal solutions, SenangPay excels in serving digital-first businesses that value speed and convenience.
Its clean interface and minimal setup requirements make it a popular entry-level payment gateway Malaysia option.
5. Billplz – Straightforward Payments with Transparent Costs
Billplz has positioned itself as a payment gateway that prioritizes transparency and simplicity. It is commonly used by service providers, educational institutions, and organizations that rely on invoice-based or bank transfer payments.
FPX payments are at the core of Billplz’s offering, which aligns well with Malaysian consumer habits. Merchants appreciate the absence of hidden fees and the clear pricing structure.
Although Billplz is not heavily focused on payment terminal usage, it remains a strong solution for online billing and payment collection.
6. ToyyibPay – Designed for Micro and Small Businesses
ToyyibPay is a Malaysia-based payment gateway that caters primarily to micro-businesses, home-based sellers, and community projects. It offers FPX payments, recurring billing options, and basic transaction management tools.
Its affordability and accessibility make it attractive to businesses just starting their digital journey. While ToyyibPay does not offer advanced payment terminal integrations, it fulfills the essential needs of online sellers efficiently.
For small-scale merchants, ToyyibPay provides a practical and cost-effective solution.
7. MOLPay – A Scalable Gateway with Regional Reach
MOLPay has been part of Malaysia’s digital payment ecosystem for many years and is now under the NTT Data group. This backing has strengthened its infrastructure and expanded its regional capabilities.
MOLPay supports a wide variety of payment methods and is capable of handling high transaction volumes. It is suitable for businesses planning to scale locally or expand into neighboring markets.
The platform also supports integrations with payment terminal systems, making it suitable for businesses that operate both online and offline.
8. Razer Merchant Services – Digital Payments for a Younger Audience
Razer Merchant Services (RMS) focuses heavily on digital wallets and mobile-centric payment experiences. Leveraging the Razer brand, it appeals strongly to younger and tech-savvy consumers.
RMS is commonly used by online merchants, lifestyle brands, and entertainment platforms. While it does offer offline payment solutions, its strength lies more in e-wallet and mobile payments than traditional payment terminal setups.
For brands targeting a digital-native customer base, RMS offers a modern and engaging payment experience.
9. Curlec – Built for Recurring and Subscription Payments
Curlec addresses a specific but important segment of the market: recurring payments. It specializes in direct debit solutions for subscription-based businesses such as SaaS platforms, gyms, and membership services.
Instead of focusing on one-time retail transactions or payment terminal usage, Curlec simplifies automated billing and recurring collections. This makes it an essential tool for businesses with predictable monthly revenue models.
10. Stripe (Malaysia) – Advanced Technology for Global Expansion
Stripe has gained traction among Malaysian startups and tech companies due to its powerful APIs and developer-friendly tools. It is particularly appealing to businesses with international customers or cross-border ambitions.
While Stripe offers limited local payment terminal support compared to Malaysian providers, it excels in online payment optimization, analytics, and scalability.
For businesses planning to grow beyond Malaysia, Stripe can be a strong long-term investment.
Key Considerations When Selecting a Payment Gateway
Before choosing a payment gateway, Malaysian businesses should evaluate several factors:
- Customer payment preferences (FPX, cards, e-wallets)
- Online vs physical store requirements
- Availability of a reliable payment terminal
- Security standards and fraud prevention
- Ease of integration and local support
The ideal payment gateway Malaysia solution should align with both current operations and future growth plans.
Conclusion
Malaysia offers a diverse and mature payment gateway ecosystem, giving businesses the flexibility to choose solutions that match their exact needs. Whether you require a full omnichannel system like Paydibs, a simple online gateway like SenangPay, or a subscription-focused platform like Curlec, there is no shortage of reliable options.
The right payment gateway is more than a transaction tool—it’s a critical component of customer experience and business efficiency. By carefully evaluating features, costs, and payment terminal compatibility, businesses can build a payment infrastructure that supports long-term success in Malaysia’s fast-evolving digital economy.
