FPX

Malaysia’s online banking payment method connecting merchants directly to local bank accounts

Overview

FPX (Financial Process Exchange) is Malaysia’s national online banking payment system operated by PayNet. It allows customers to make real-time online payments directly from their bank accounts for e-commerce, bill payments, and government services. FPX connects major Malaysian banks to merchants, providing a secure, efficient, and widely trusted payment channel without the need for cards

Key Services / Solutions

FPX supports instant account-to-account payments across all major Malaysian banks. It enables online checkout for e-commerce sites, subscription payments, and bill settlements. Transactions are authenticated through bank portals, ensuring high security and real-time confirmation for both customers and merchants

Supported Payment Methods

Real-time online banking payments via Malaysian banks

E-commerce and government service transactions

Recurring or one-time account-linked payments

Target Markets / Regions

FPX operates exclusively in Malaysia and is supported by all major banks including Maybank, CIMB, Public Bank, and RHB. It is widely used across e-commerce, utilities, insurance, and education sectors for secure domestic transactions

Strengths / Differentiators

Nationally supported payment network with strong bank participation

Secure and authenticated through users’ online banking credentials

Low transaction fees and instant confirmation

High consumer trust and regulatory compliance under Bank Negara Malaysia

Key enabler of Malaysia’s cashless economy growth

Want to know more about FPX?
Contact Bizz2Pay today to discuss your requirements or get introduced to the right FPX team member or Payment Provider accepting FPX