Best payment gateways in Malaysia
As of 2026-11-02, Herepay is the cheapest payment gateway in Malaysia with officially published rates, at about RM1.07 per RM100 transaction, followed by Fasspay (RM1.12) and M1Pay (RM1.16).
There is no single best payment gateway: the right one depends on how your customers pay and how you sell. Start with the top pick for your need, then see every provider ranked by the same estimated cost we use across this site: officially published FPX, card and e-wallet rates applied to a RM100 transaction. Providers that only quote on request follow, by market presence.
Top pick by need
Lowest estimated cost per RM100 among providers with published rates that meet each need.
| Need | Top pick | Est. / RM100 |
|---|---|---|
| FPX | Herepay | ~RM1.07 |
| Cards | Herepay | ~RM1.07 |
| E-wallets | Fasspay | ~RM1.12 |
| DuitNow QR | Fasspay | ~RM1.12 |
| No-code payment links | Herepay | ~RM1.07 |
| Recurring billing | Herepay | ~RM1.07 |
| Physical stores | M1Pay | ~RM1.16 |
| SaaS | Herepay | ~RM1.07 |
Ranked by estimated cost (published rates)
Community and business collections with flat RM0.70 FPX · FPX RM0.70 · Card RM0.70 + 1%
Soft Space gateway for cards, e-wallets and DuitNow QR · Card From 1.2% · E-wallet From 1% · DuitNow QR From 1%
Malaysian payment gateway by MobilityOne: FPX, cards, e-wallets, DuitNow QR · FPX RM0.80 · Card 1.8% · E-wallet 1% - 1.2%
Low-rate Malaysian gateway by Cardbiz Group · FPX RM1.00 (B2C) · Card 1% – 2% · E-wallet 1.2%
Shariah-compliant FPX & DuitNow QR for SMEs, NGOs & government · FPX RM1.00 · Card 1.5% · DuitNow QR 1% or RM1.00
BNM-licensed open payment platform for SMEs · FPX From 1.00% · Card From 1.80% (min RM0.60) · E-wallet From 1.00%
Malaysian payment gateway with e-wallet and POS · FPX RM1.00 (B2C), RM1.50 (B2B) · Card 1.5% credit / 1.0% debit (local) · E-wallet 1.5%–1.8%
Full-channel gateway with T+1 settlement and fast setup · FPX RM1.00 · Card 1.75% · E-wallet 1.5%
FAQ
How do I choose a payment gateway in Malaysia?
Match by the payment channels your customers use (FPX, card, e-wallet, DuitNow QR), then compare officially published rates on a like-for-like basket. This directory ranks providers by estimated blended cost per RM100 transaction; the "Help me choose" wizard narrows it to your needs in four questions.
Which payment gateway in Malaysia is best for FPX, cards or e-wallets?
By lowest estimated cost on published rates: for FPX, Herepay (RM1.07); for cards, Herepay (RM1.07); for e-wallets, Fasspay (RM1.12); for DuitNow QR, Fasspay (RM1.12); for no-code payment links, Herepay (RM1.07); for recurring billing, Herepay (RM1.07); for physical stores, M1Pay (RM1.16); for SaaS, Herepay (RM1.07). Figures are estimates per RM100 sale.
What are my options for a payment gateway in Malaysia?
79 of the 81 Malaysian providers in this directory match this need. 8 of the top matches publish comparable official rates; the rest quote on request.
How is the cost per RM100 worked out?
We apply each provider's officially published rates to a RM100 sale and blend the channels as 50% FPX, 30% card and 20% e-wallet, a typical Malaysian SME mix. Flat and percentage fees are costed separately: a flat RM1.00 FPX fee counts as RM1.00 and 1.5% counts as RM1.50. Channels a provider does not publish are left out of its blend. Try the fee calculator with your own sale size.
Are these fees official?
Fees without a marker come from the provider's official pricing page (see the source and verified date on each detail page). Values with a trailing * are third-party or indicative and are excluded from the ranking. Where nothing is published we say "Contact sales" instead of inventing a number.