Malaysia

Malaysia is a country with the population of about 33.9 million people and the GDP per capita of about 12 thousand USD. Its economy and the e-commerce industry are developing rapidly. In 2024 (according to Global Payments Report 2024), the distribution of the electronic payments in Malaysia was as follows:

  • Card payments—27 %.
  • Bank payments—39 %.
  • Digital wallet payments—24 %.
  • Other types of payments—10 %.

As part of the Gate2Asia package, the ecommpay payment platform offers a variety of methods popular in this country, first and foremost, for online banking and digital wallet payments.

Method Type Purchases Payouts
Boost Wallet digital wallet payments +
GrabPay* digital wallet payments +
Malaysian Online Banking bank payments + +
Shopee digital wallet payments +
Touch&Go digital wallet payments + +

You can learn how to work with each of these methods in a corresponding article. It should also be noted that GrabPay allows processing payouts in the Philippines, in Philippine pesos.

If you have any questions about terms and conditions of integrating Malaysian payment methods, or you need information about other Gate2Asia methods, refer to your ecommpay account manager.