Quick Answer: The most common payment methods in Malaysia are FPX online banking, DuitNow QR, debit and credit cards, and e-wallets such as Touch 'n Go, GrabPay and ShopeePay. On HitPay, FPX is 1.8% + RM0.40, DuitNow is 1.2% and domestic cards are 1.2% + RM1, with no setup or monthly fees.

Malaysian customers switch between bank transfers, QR payments, cards and e-wallets depending on where they shop. Here is what each method is, where it fits, and what it costs on HitPay's published rates, so you can decide what to switch on.

Malaysia payment methods and what they cost

Fees from hitpayapp.com/my/pricing, checked 14 Oct 2026. No setup or monthly fee. A 2% fee applies on foreign-currency transactions.

FPX online banking

FPX (Financial Process Exchange) is Malaysia's online banking payment network, run by PayNet. At checkout the customer picks FPX, logs in to their bank and approves the payment, and the money comes straight from their bank account. It suits online stores and invoices where customers would rather not use a card. FPX costs 1.8% + RM0.40 per transaction on HitPay. Accept FPX with HitPay →

DuitNow QR

DuitNow is Malaysia's national real-time payment service. Customers pay by scanning a DuitNow QR or transferring from their banking or e-wallet app, so one QR at the counter covers most local shoppers. DuitNow costs 1.2% per transaction on HitPay, online and in store. Accept DuitNow QR with HitPay →

Debit and credit cards

Cards are still expected for higher-value orders, subscriptions and overseas buyers. Domestic cards cost 1.2% + RM1 on HitPay, and international cards cost 3% + RM1, plus 2% on foreign-currency transactions.

E-wallets: Touch 'n Go, GrabPay and ShopeePay

E-wallets are app-based, quick to use and often tied to rewards, which keeps customers coming back. On HitPay, Touch 'n Go eWallet is 1.9% and GrabPay is 2% online. For ShopeePay, see pricing page.

Buy now, pay later

Buy now, pay later options let customers split a larger purchase while you are paid upfront. Rates differ by provider, so see pricing page.

Which payment method for which business

How to start accepting them

With a HitPay payment gateway for Malaysia account you can accept FPX, DuitNow, cards and e-wallets online and in store from one dashboard. Online stores can add HitPay through the Shopify or WooCommerce plugins. Businesses without a website can send payment links and invoices instead.

Frequently Asked Questions

What is the most popular online payment method in Malaysia?

FPX online banking is one of the most used ways to pay online in Malaysia, alongside cards and e-wallets such as Touch 'n Go. On HitPay, FPX costs 1.8% + RM0.40 per transaction.

Which payment methods work best in store?

DuitNow QR and cards. Display a DuitNow QR at your counter, which costs 1.2% per transaction on HitPay, and take cards on a card terminal.

Can I offer buy now, pay later in Malaysia?

Yes. HitPay supports buy now, pay later options in Malaysia. Rates differ by provider, so see the Malaysia pricing page.

Which payment method doesn't need a website?

Payment links. Create a HitPay payment link and share it on WhatsApp, Instagram or email, and customers can pay by FPX, DuitNow, card or e-wallet.