How to accept FPX payments
FPX (online banking transfer) is how most Malaysians pay online. Here is the practical route from zero to accepting it, and what it will cost.
- 1
You register with a gateway, not with FPX itself
FPX is national infrastructure run by PayNet; direct membership is for banks and large institutions. As a merchant you get FPX by opening an account with any onboarded payment gateway or acquirer, and the gateway handles the FPX side for you. That is the entire trick: pick the gateway, and FPX comes with it.
- 2
Prepare the usual onboarding documents
Expect to provide your SSM business registration, a Malaysian business bank account for settlement, director/owner identification, and your website or social storefront for review. Sole proprietors are widely accepted; some providers also take individuals for payment links with limits.
- 3
Apply, integrate, then test in sandbox
Approval typically takes from a couple of days to a few weeks depending on the provider and your business profile. While waiting, integrate in sandbox mode: payment links need no code at all, while custom sites use the provider's API or a WooCommerce/Shopify plugin. Verify the webhook flow before going live.
- 4
Know what you will pay
FPX is usually the cheapest online channel: most providers price it as a low flat fee or small percentage per transaction. 61 providers in this directory support FPX; the ranked list below shows the cheapest ones with officially published rates (verified 2026-11-02).
