Features
- Coverage AreaCustomerMalaysiaMerchantGlobal
- ChannelOnline
- CurrencyConsumer CurrencyMYRProcessing CurrencyMYRSettlement CurrencyUSD
- TransactionMinimum LimitMYR 1.01Maximum LimitDepends on the bank, up to 30,000 MYRPayment Timeout3 hours
- FeatureScheduled PaymentOne-click PaymentRefundsPartial RefundsMultiple Partial RefundsPayment GuaranteeRefund Risk
Why ChooseFPX Online Banking?
Bank transfers are the secondmost popular method of payment in Malaysia (30%) where 87% of the population are banked (PPRO Almanac).
Using FPX, Malaysian shoppers spend more than US$150 million a year with e-commerce merchants (Statista).
Through one FPX connection, merchants offer consumers access to 18 bank payment channels, giving them access to millions of Malaysian consumers.
How It Works?
- Merchant
01
At checkout, the consumer selects FPX Online Banking as their preferred payment method.
- Payment Methods
02
The consumer redirects to a bank selector page, then chooses their preferred bank.
- Online Banking
03
The consumer redirects to their online bank, logs in, and reviews the transaction.
- Online Banking
04
The consumer receives a transaction authorization code via SMS, which is used to con