Payment Gateways - O2O Ecommerce

Malaysia Online Payment Gateways Comparison

Compare Malaysia’s most popular online payment gateway in detail. All of them supported by O2O Ecommerce.


Providers	Curlec	Payex	kiplePay	2C2P	CommercePay	iPay88
Package	SME	SME	-	-	Starter	SME Plan
Setup Fee	RM 500	No setup fee	RM 300	RM 300	RM 200	RM 488 (additional RM 900 processing fee imposed by bank for credit card gateway)
Annual Fee	Waived	No annual fee	RM 500 (Waived upon approval)	RM 300	Waived	RM 500
Transaction Fee	1.5% or RM1.00 whichever greater 2.5% per transaction for local credit card 2.5% per transaction for local debit card 3.00% per transaction for foreign cards E-Wallet - 1.50%	RM0.99 1.70% per transaction for local credit card 1% per transaction for local debit card 2.65% per transaction for foreign cards E-Wallet - 1.10%	2% - 2.5% per transaction for credit card RM1 - RM1.50 flat rate for bank transfers	2.5% - 2.8% per transaction for credit card RM 1 to RM 1.50 flat rate for bank transfers	RM0.90 1.65% per transaction for local credit card 1.20% per transaction for local debit card 2.70% per transaction for foreign cards E-Wallet - 1.30%	3% per transaction for credit card 3% per transaction or minimum RM0.60 whichever is higher* for online banking (e-debit) and Mobile Money 2% for MEPS Cash and Webcash
E-wallet
Installment	N/A	Transaction fee from 3.8% to 8%	N/A	N/A	N/A	N/A
Withdrawal Method	Transfer to local bank (T2)	Transfer to local bank (on request)	Transfer to local bank (T1/T2)	Transfer to local bank (weekly)	Transfer to local bank (weekly)	Transfer to local bank (weekly)
Receive money in local bank
Supported Cards
Malaysia Online Bank Transfer
Recurring
Supported Currencies	RM (MYR)	RM (MYR), US, Euro, Singapore $ and more	RM (MYR)	Multi-currency up to 18 foreign currency	RM (MYR)	RM (MYR)
Buy Now Pay Later (BNPPL)