Popular Online Payment Solutions in Malaysia

1) iPay88

Founded in 2006, iPay88 is the leading online payment solutions provider in south east asia, including Malaysia, Philippines, Thailand, China etc. iPay88 processes all the major payment solutions including credit card, debit card, e-wallet and so on. They offer two subscription plans which is SME Plan and SOHO Plan.

2) eGHL

Founded in 2013, eGHL offer noth cards and non-cards online payment solutions in South East Asia. eGHL regulated as a non-bank acquirer by Bank Negara Malaysia and complies with Malaysia’s Financial Services Act 2013.

3) Razerpay

Razerpay, formerly known as MOLPay, provides credit card and debit card processing services, including VISA and Mastercard, with a very competitive rates in South East Asia. Popular brands such as Grab, Expedia, Starbucks, Lazada, Uniqlo and Sephora used their gateway to process. They offer two plans which is RazerPay Lite Plan and RazerPay Premium Plan.

4) SenangPay

SenangPay provides credit card, debit card and also FPX payment processing. With SenangPay, sellers can share their payment through Facebook, Whatsapp, e-mail, blog and also online store. They also accept multi currencies for sellers who want to sell abroad.

5) Stripe

Stripe provides credit cards, ACH, localized payment methods, online and in-app payment and so on. Stripe Recurring Billing also able to charge recurring payments to merchant’s clients.

6) Paypal

Paypal is popular because it’s easy to use and the security they provide. In Paypal, you only pay when you sell. In this way, merchants do not have to pay services fees when there is no sales.

7) Billplz

Billplz is known for its low fees and fast settlement for online banking. Based on Bank Negara’s statistics, it is the preferred online payment method in Malaysia. It offers Basic, Standard and Enterprise plans to their merchants.