List of Top Payment Gateways in Malaysia (2025 Guide)

1. Paydibs

Background:

Paydibs, a rapidly growing payment gateway provider in Malaysia towards ASEAN preferred choice, focusing on delivering efficient and secure online payment solutions for all sizes of business – retail shops and online ranging from ecommerce, laundry kiosk, vending machines, and the likes. A revolutionizing Paydibs Neo is introduced in June 2025, aims to fit all sizes of businesses, with this all in one soundbox that accept from QR codes, cards, to BNPL!

Recognized by industry experts, as evidenced receipt of the esteemed Best Payment Solution Award at the 2018 Mobile Business Excellence Awards (MBEA) and Excellent Payment Solutions Provider at The 6th Lang International Corporate Titan Award 2024.

Features:

• Supports credit/debit cards, FPX, and e-wallets.
• User-friendly dashboard for merchants.
• Multi-currency support with competitive exchange rates – Indonesia, Philippines, China.
• Advanced fraud detection and security measures.

Pros:

• Competitive pricing lower than the market – highly customizable.
• Vast and great payment options coverage.
• Suitable for both SMEs owners and larger enterprises.
• Free Signup fee, only yearly fees – A great plus for local Malaysia startups.

Cons:

• Not all international countries are covered in the expansion – recommend a quick consultation.

2. iPay88

iPay88, established in 2000, is one of the leading payment gateways in Southeast Asia. Considered the most widespread payment solutions for most size of businesses.

Features:

• Supports multiple payment methods: credit/debit cards, FPX, e-wallets (Boost, GrabPay, Touch ‘n Go).
• Multiple currency payments support.
• Fraud prevention tools and payment processing security.
• Allow integration with e-commerce platforms CMS like Shopify and WordPress WooCommerce.

Pros:

• Wide range of  payment method options.
• Active customer support.
• Reliable and secure in transactions with track record.

Cons:

• High setup and yearly fees compared to competitors.
• Transaction fees may be higher for smaller businesses and startup.

3. Billplz

Billplz is a Malaysian payment gateway focusing on affordable and straightforward payment solutions for SMEs.

Features:

• Flat-rate transaction fees.
• Supports online bank transfers (FPX).
• No setup or annual fees.
• Simple API for developers.

Pros:

• Cost-effective for small businesses.
• Transparent pricing structure.

Cons:

• Limited payment methods (Require activation).
• Focused primarily on Malaysian market transactions, lacks global presence.

4. eGHL

Founded in 2013, eGHL is a subsidiary of GHL Systems and caters to businesses across Malaysia and Southeast Asia.

Features:

• Supports credit/debit cards, FPX, and e-wallets.
• Multiple country currency support.
• Recurring payment options available.
• Secure transactions with PCI DSS compliance.

Pros:

• Strong focus on security.
• Broad range of payment options.

Cons:

• High setup fees for smaller businesses.
• Additional charges for advanced features.

5. PayPal

PayPal, established in 1998, is a global payment gateway renowned for its ease of use and international reach.

Features:

• Accepts payments in over 24 currencies.
• Supports credit/debit cards and PayPal wallet.
• Comprehensive fraud prevention tools.
• Instant fund transfers.

Pros:

• Ideal for international transactions.
• Easy integration with e-commerce platforms.

Cons:

• Higher transaction fees for cross-border payments.
• Limited local payment options.

6. Stripe

Stripe, launched in 2010, is a global payment processing platform designed for developers and tech-savvy businesses.

Features:

• Advanced API for custom integrations.
• Supports 135+ global currencies.
• Recurring billing and subscription support.
• Fraud detection tools.

Pros:

• Highly customizable.
• Extensive global currency support.

Cons:

• Requires technical expertise for setup.
• Slightly higher transaction fees.

7. PayHalal

Malaysia’s first Shariah-compliant payment gateway.

PayHalal is designed for businesses that require Islamic-compliant payment processing. It ensures every transaction adheres to Shariah principles, free from riba (interest), gharar (uncertainty), and haram (prohibited) elements.

Features:

• Supports FPX, credit/debit cards, and e-wallets (Shariah-screened only)

• Shariah-compliant transaction screening

• Charity/zakat modules and halal cart options

• Works with Shopify, WooCommerce, and custom platforms

Pros:

• Certified halal payment gateway by IBFIM and Bank Negara–endorsed framework

• Ideal for Islamic businesses, NGOs, and halal eCommerce

• Strong support for ethical finance and charitable disbursements

Cons:

• Not suitable for businesses offering non-halal products/services

• Fewer integrations with international platforms compared to mainstream gateways

8. Curlec

Subscription billing made simple for Malaysian businesses.

Curlec specialises in recurring payment solutions, making it the go-to choice for businesses offering subscriptions, memberships, and instalment-based services. Now part of the Razorpay group, it blends local insight with regional fintech power.

Features:

• Direct Debit and FPX payment automation

• Subscription and recurring billing engine

• Real-time payment status and dashboard

• API integration for custom platforms

Pros:

• Ideal for SaaS, gyms, tuition centres, and NGOs

• Reduces churn with automated collections

• Transparent, flat-rate pricing structure

Cons:

• Less suited for one-off eCommerce purchases

• May require some setup time for custom integrations

9. SenangPay

SenangPay was launched to provide simple, secure, and affordable payment solutions for SMEs in Malaysia.

Features:

• Supports credit/debit cards and FPX.
• User-friendly dashboard.
• Multi-currency support.

Pros:

• Affordable for SMEs.
• Easy setup process.

Cons:

• Limited advanced features.
• Not ideal for larger enterprises.

10. HitPay

HitPay is a modern payment gateway designed for small businesses, offering various payment options and simple integrations.

Features:

• Supports e-wallets, FPX, and credit/debit cards.
• No setup or yearly fees.
• QR payment solutions.

Pros:

• No upfront fees.
• Broad payment method coverage.

Cons:

• Transaction fees can be higher for certain methods.
• Limited to small and medium businesses.