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"Top 10 Best Payment Gateways in Malaysia for Secure Online Transactions [2025]"

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Pay cly
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Choosing the right payment gateway is crucial for businesses in Malaysia aiming to provide a smooth and secure checkout experience for their customers. With numerous options available, selecting the best one can be challenging. This guide highlights the top 10 payment gateways in Malaysia, outlining their key features, benefits, and suitability for different business types.

1. PayPal

  • Key Features: Widely recognized, supports multiple currencies, and offers buyer protection.

  • Best For: E-commerce platforms and international transactions.

  • Transaction Fee: Starts at 3.9% + MYR 2.00 per transaction.

2. Stripe

  • Key Features: Developer-friendly, customizable checkout, and extensive API support.

  • Best For: Tech-savvy businesses requiring custom integrations.

  • Transaction Fee: 3% + MYR 1.00 per successful transaction.

3. iPay88

  • Key Features: Trusted local solution, supports online banking, credit cards, and e-wallets.

  • Best For: Malaysian e-commerce businesses.

  • Transaction Fee: Varies depending on transaction type and volume.

4. eGHL

  • Key Features: Seamless integration, supports multiple currencies, and offers mobile-optimized checkout.

  • Best For: Retailers, travel websites, and digital platforms.

  • Transaction Fee: Customizable based on business size.

5. MOLPay (Now Known as Razer Merchant Services)

  • Key Features: Offers physical and online payment solutions, including FPX and e-wallet integration.

  • Best For: Gaming, entertainment, and e-commerce businesses.

  • Transaction Fee: Varies by payment method.

6. Billplz

  • Key Features: Affordable fees, direct bank transfers, and real-time notifications.

  • Best For: Startups and small businesses seeking cost-effective solutions.

  • Transaction Fee: As low as MYR 1.50 per transaction.

7. SenangPay

  • Key Features: User-friendly interface, subscription payment support, and multi-channel integration.

  • Best For: Small and medium-sized businesses.

  • Transaction Fee: 1.5% to 2.5% depending on the plan.

8. HitPay

  • Key Features: No monthly fees, supports credit cards, FPX, and e-wallets.

  • Best For: Small businesses and individual entrepreneurs.

  • Transaction Fee: 2.9% + MYR 1.00 per transaction.

9. KiplePay

  • Key Features: Specializes in cashless campus solutions, digital wallets, and QR code payments.

  • Best For: Educational institutions and cashless ecosystems.

  • Transaction Fee: Customizable based on the partnership.

10. Touch 'n Go eWallet

  • Key Features: Popular local e-wallet with extensive merchant support.

  • Best For: Retail businesses and quick-service restaurants.

  • Transaction Fee: Customizable for merchants.

Conclusion

Selecting the right payment gateways in Malaysia depends on your business size, target audience, and budget. PayPal and Stripe excel in international transactions, while iPay88, eGHL, and MOLPay are ideal for Malaysian businesses. For startups seeking affordability, Billplz and SenangPay provide cost-effective solutions. Choose wisely to enhance your customer experience and boost your sales.