Payment gateways for physical stores and restaurants
As of 2026-11-02, M1Pay is the cheapest payment provider for a physical store with officially published rates, at about RM1.16 per RM100 transaction, followed by Gkash (RM1.24) and Kiple (RM1.28).
Walk-in customers pay by scanning: DuitNow QR and e-wallets cover almost every Malaysian phone. Every provider below supports both without code. Also compare terminal-first options on their detail pages (Qashier, Revenue Monster) and the banks' QR packages, where CIMB and Hong Leong currently advertise zero-MDR DuitNow QR tiers.
Ranked by estimated cost (published rates)
Malaysian payment gateway by MobilityOne: FPX, cards, e-wallets, DuitNow QR · FPX RM0.80 · Card 1.8% · E-wallet 1% - 1.2%
Supports DuitNow QR, e-wallets · No-code (payment links)
BNM-licensed open payment platform for SMEs · FPX From 1.00% · Card From 1.80% (min RM0.60) · E-wallet From 1.00%
Supports DuitNow QR, e-wallets · No-code (payment links)
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%
Supports DuitNow QR, e-wallets · No-code (payment links)
Full-channel gateway with T+1 settlement and fast setup · FPX RM1.00 · Card 1.75% · E-wallet 1.5%
Supports DuitNow QR, e-wallets · No-code (payment links)
Axiata fintech gateway with fully published online rates · FPX RM1.00 · Card 2.00% · E-wallet 1.2% - 1.3%
Supports DuitNow QR, e-wallets · No-code (payment links)
Instant-settlement Malaysian gateway with 150+ payment channels · FPX RM1.00 · Card 1.9% · E-wallet 1.5%
Supports DuitNow QR, e-wallets · No-code (payment links)
All-in-one digital finance platform for Malaysian business · FPX RM1.00 · Card 2% · E-wallet 1.40%
Supports DuitNow QR, e-wallets · No-code (payment links)
Flat-rate FPX collection with fast, guaranteed payouts · FPX RM1.25 · Card 1.8% · E-wallet 1.5%
Supports DuitNow QR, e-wallets · No-code (payment links)
FAQ
What is the cheapest payment provider for a physical store?
As of 2026-11-02, M1Pay has the lowest estimated blended cost at about RM1.16 per RM100 transaction, among providers with officially published rates. Quote-based providers may negotiate lower, but publish no comparable rates.
Which provider has the lowest DuitNow QR fee?
Among published DuitNow QR rates, the lowest are Maybank2u Pay (RM0), Hong Leong Bank (RM0), UOB Malaysia (RM0) and OCBC OneCollect (0.6%). Maybank2u Pay, Hong Leong Bank and UOB Malaysia do not meet every need on this page, so they are not in the list above. Check each provider's page for conditions, such as the account you need and how long a zero rate lasts.
What are my options for a payment provider for a physical store?
35 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.
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.