Choosing a payment gateway Malaysia isn’t just about picking the cheapest or flashiest option. For many small businesses in Malaysia, it’s about finding a solution that’s reliable, affordable, and fits both current needs and future plans.
SenangPay and Paydibs are two top contenders in the industry, and while both offer essential services for handling online and in-person payments, they differ in pricing, flexibility, and the types of businesses they serve best.
Today, we are going to unpack everything you need to know about these two payment gateway titans in Malaysia. From SenangPay pricing and Paydibs pricing, to key features, support, and suitability, we’re to help you make a confident, informed decision.
Before diving into each option, it helps to understand what small businesses should look for in a payment system:
Both SenangPay and Paydibs tick many of these boxes, along with other providers such as Billplz, but not always in the same way.
SenangPay markets itself as an easy-to-use, all-in-one online payment solution for Malaysian businesses. It’s focused on those who primarily sell online and want straightforward access to payment features without needing complex integrations.
SenangPay Pricing
Plan | Annual Fee | Features |
Starter | RM199 | FPX, e-wallets, basic payment tools, 24/7 support |
Advance | RM349 | Cards, BNPL, FPX, e-wallets, instalment plans, advanced tools |
Enterprise | Custom | Tailored for large-volume businesses, includes custom API and lowest fees |
“SenangPay is best described as plug-and-play for online transactions. It’s quick to set up and gets the job done without fuss.”
Highlights:
Once approved, merchants can access their dashboard via SenangPay Login. The interface is simple, with quick insights into sales, transactions, and settlement reports.
Paydibs provides more flexibility for businesses that operate online and offline or require more control over their payment infrastructure. It supports web-based payments, mobile apps, and even physical card terminals.
Paydibs Pricing (Terminal and Online)
Feature | Online | Terminal (Rent) | Terminal (Buy) | Mobile App |
Signup Fee | FREE** | FREE | FREE | FREE |
Yearly Fee | RM300* | N/A | RM120 | N/A |
Terminal Cost | N/A | RM40/month | RM480 one-time | N/A |
Maintenance Fee | RM300* | N/A | N/A | FREE |
Refundable Deposit | N/A | RM500 | N/A | N/A |
Online Banking | Yes | No | No | No |
Credit/Debit Card | Yes | Yes | Yes | No |
BNPL | Yes | Yes | Yes | Yes |
International Pay | Yes | Yes | Yes | No |
Disclaimer: For the most accurate and up-to-date information, please visit the official Paydibs and SenangPay websites. This blog is not endorsed by, affiliated with, or sponsored by either company. The content here is based on independent research and personal observations only.
“Paydibs stands out for its versatility, supporting both online and offline sales through hardware terminals and global payment methods.”
Notes:
Feature | SenangPay | Paydibs |
FPX Support | Yes | Yes |
Credit/Debit Card | Advance & Enterprise | All plans |
E-wallet Integration | Yes | Yes |
BNPL | Advance & Enterprise | Yes |
0% Instalment Plan (IPP) | Advance & Enterprise | Yes |
International Payments | Limited | Yes |
Physical Terminal Hardware | No | Yes (Rent/Buy) |
API Integration | Yes (Enterprise) | Yes |
Settlement Flexibility | No | Yes |
Account Manager Support | Enterprise only | No formal enterprise package; support via 24/7 hotline and dedicated account reps for larger clients |
SenangPay
Paydibs
Both SenangPay and Paydibs support:
This ensures customers can use familiar, trusted local payment methods across both platforms.
SenangPay
Paydibs
SenangPay
Paydibs
SenangPay
Paydibs
SenangPay
Paydibs
In the end, neither SenangPay nor Paydibs is objectively better, they’re just better for different kinds of businesses.
If you’re looking for something lean, affordable, and purely online, SenangPay is the way to go. But if your business needs the flexibility of both physical and digital payments, plus international capabilities, Paydibs offers tools that can scale alongside your growth.
If you’re still unsure if these two payment gateways are the ones for you, go check our Top 10 Payment Gateways in Malaysia guide!
Remember, don’t just compare features. Compare them to your actual business goals.
No. SenangPay requires a registered business entity (Sole Proprietor, LLP) with valid SSM documentation to open a merchant account.
Yes. Paydibs supports purely online merchants, and terminals are optional, not required.
Yes. SenangPay supports recurring payments via its API, but this feature is only available in Advance or Enterprise plans.
No. SenangPay is focused on MYR and supports limited international payments (foreign cards) with restrictions.
Yes. Paydibs supports multi-currency payments and international cards, making it suitable for businesses with overseas customers.
Paydibs provides more advanced fraud protection tools and support for chargeback handling, especially for merchants using terminals or high-risk payment flows.