It is an online payment gateway that facilitates interbank transfer of funds whenever customers make a payment for their online purchases and for business you can start accepting payments and in return allows you to sell and grow your business more.

Customers need only their banking accounts to make payments whenever they shop at online stores or websites. For businesses, all you need to do is to have a corporate Internet Banking account and you can start accepting payments for transactions made by your customers. All transactions and payments are secure and real-time.

Types of FPX
Business To Consumer (B2C)

This model facilitates payments by retail customers. A common use case is an individual customer having an Internet Banking account with one of the FPX participating banks purchasing goods / services or paying bills online from a participating Seller, debiting from his/her current or savings account.

Business To Business (B2B)

This model facilitates payments for corporate customers. A common use case is a customer (a corporation or organization) having a corporate Internet Banking account with one of the FPX B2B banks purchasing goods / services or paying bills online from a participating Seller, debiting from its current account. You will get paid faster and it’s easy to set up.

Funds Availability

Why should I sign up for FPX?

It is reliable, convenient, guaranteed payments and easy to use and secure.

Availability

FPX service is currently available 24-hours daily 7 days a week. The FPX service to customer however, is subject to the customer’s Internet Banking service availability.

Transaction Limit for payments via FPX

For retail/personal banking account, the minimum limit per transaction is RM1.00 and general maximum amount is limited up to RM30,000* per transaction.

For company/corporate banking, the minimum limit per transaction is RM2.00 and general maximum amount is limited up to RM1,000,000* per transaction.

*The above transaction value limit, however, is subject to the customer’s individual Internet Banking limit with the bank, whichever is lower. FPX is facilitated by Payments Network Malaysia Sdn Bhd (PayNet), subsidiary of Bank Negara Malaysia. Further details can be viewed at https://paynet.my/personal-fpx.html

Fees and Charges

Fees and Charges

FPX (B2C)

FPX (B2B)

FPX (RM per transaction)

 RM0.50 – RM2.00 RM1.00 – RM3.00