Payment Gateway In Malaysia - eGHL, Ipay88 , MolPay & PayPal

If you are developing or build eCommerse website, you need to integrate with payment gateway in order to allow customer make a payment to merchant. Either pay via credit card, internet banking, boost etc and the big question is What is the best payment gateway in Malaysia that you can choose.?

Choosing a payment gateway sometime not very straight forward, you need to think about charges your need to pay(annual fee, setup fee, transaction fee), what are the max amount the payment gateway can give, is it secure,  currencies, relibility, supports , etc. Below are the summary of comparison that will help you to decide which payment gateway you should go for your eCommerse store. 

 

 
Providers molpay logo e-ghl logo ipay88 logo paypal logo
Setup Fee RM 499 RM 499 Free No setup fee
Annual Fee
RM 99

Subsequent years: RM 99
**RM 25.00 for transaction volume less than RM 15,000 per/month

Waived if monthly volume exceed RM 15,000
Waived No annual fee
Transaction Fee
3.8% per transaction or minimum RM 0.60 whichever is higher for online banking (e-debit) and MOLPay's 7-11 cash channel Cards
*2.5% MYR per processing
+ 1% non-MYR processing
+ MYR 0.50 for ticket size less than MYR 40.00


Non-Card
*2.5% or RM 0.50
(Whicheever is higher)
3.5% *3.0% per transaction or minimum *RM 0.60 whichever is higher for online banking (e-debit) Malaysia
3.9% + 2.00 MYR

Overseas
4.4% + 2.00 MYR


More Details
Supported Currencies
RM (MYR) RM (MYR)
(support multi currencies)
RM (MYR) RM (MYR), US, Euro, Singapore $ and more
Withdrawal Method
Transfer to local bank (weekly) Transfer to local bank (weekly) Transfer to local bank (weekly) Transfer to local bank (on request)
Receive money in local bank
Yes Yes Yes Yes
Supported Cards
- Visa / Mastercard Visa / Mastercard Visa / Mastercard / Amex
Country of origin
Malaysia Malaysia Malaysia USA
Reliability
High High High High
Minimum Amount for Withdrawal
RM 100
(No withdrawal charge)
No Minimum withdrawal amount RM 100 See PayPal details here
Bank Transfer and Other Payment Services
Malaysia Online Bank Transfer
Alliance Online, Am Online, CIMB Clicks, EON Online, Hong Leong Online, Maybank2u, RHB Online, FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks)
Malaysia Online Bank Transfer
Maybank2U, CIMB Clicks, RHB Online, HL Online, Alliance Online, PbeBank, Ambank, Bank Islam, UOB, Affin Online, Bank Rakyat, Bank Muamalat, OCBC, Standard Chartered, KFH
 
Other Country Debit
Malaysia Online Bank Transfer
Alliance Online, Am Online, CIMB Clicks, EON Online, Hong Leong Online, RHB Online, FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks)
 
Other Payment Methods
3.2% for PayPal(Visa/Master)
0% for Boost wallet
1.2% for Vcash Waller
2.0% for KipplePay
N/A
 

 

 

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