Malaysian payment gateways for small businesses and freelancers, compared
In short: Billplz (Basic), toyyibPay and CHIP charge no yearly fee for FPX online banking; you pay per transaction: RM1.25 on Billplz Basic and RM1.00 on toyyibPay and CHIP for each B2C FPX payment. senangPay charges a yearly fee from RM199 plus RM1 or 1.5% per FPX payment, whichever is higher. If you collect a lot of FPX payments, Billplz Standard (RM999/year) cuts the FPX fee to RM0.75.
Freelancers, tutors, home businesses and online sellers in Malaysia often need a simple way to accept FPX, card and e-wallet payments through a payment link or online shop. This page compares the four Malaysian payment gateways listed on SIM. Every fee comes from the provider's official pricing page on 16 October 2026. Fees change and some payment methods need separate approval, so confirm with the provider before you sign up.
How we picked: these are the Malaysian online payment gateways listed in SIM's directory. This is not a paid ranking, no vendor paid to be included, and this page has no sponsor or affiliate links.
Comparison table
| Billplz | toyyibPay | CHIP | senangPay | |
|---|---|---|---|---|
| Yearly / plan fee | Basic: free. Standard: RM999/year | No yearly fee for FPX. Cards: RM100 onboarding, then RM100/year from the second year | “No setup and monthly fees” | Starter RM199/year; Advance RM349/year |
| FPX (online banking), B2C | RM1.25 (Basic) / RM0.75 (Standard) | RM1.00 (Standard). RM0.00 on the Santai plan, for non-profits only | RM1.00 | RM1 or 1.5%, whichever is higher |
| FPX, B2B | RM3.00 / RM2.00 | RM2.00 | RM2.00 | Same rate as B2C (one FPX rate “for all B2B and B2C”) |
| Local cards | 1.8% (Basic) / 1.5% (Standard) | 1.5% (with toyyibPay partners) | Credit 2.0%, debit 1.0% | RM0.65 or 2.5%, whichever is higher |
| E-wallets / QR | E-wallet 1.5% (separate application) | DuitNow QR 1.00% or RM1.00 (subject to approval) | E-wallets 1.4%; DuitNow QR 1.0% (min RM0.15) | E-wallets RM0.65 or 1.5%, whichever is higher |
| FPX payout | Next business day | 1–4 business days (Standard); 10 business days (Santai) | Next day | Not stated on the pricing page |
| Notes | Payment links and a simple catalogue (free) | Free B2C FPX plan for registered non-profits | Transaction fees are subject to 8% SST | Advance enables all payment options and 0% instalment plans (at extra cost) |
| Source | billplz.com/pricing | toyyibpay.com/pricing-plans | chip-in.asia/pricing | senangpay.com/pricing |
All facts checked 16 Oct 2026. SIM has not added SST to any fee on this page.
Verdict: best for…
- Billplz: freelancers and small sellers who want no yearly fee and next-business-day FPX payouts. Basic is free and includes payment links and a simple catalogue. High-volume sellers can move to Standard (RM999/year) for FPX at RM0.75.
- toyyibPay: non-profits, mosques, associations and very price-sensitive sellers. Standard FPX is RM1.00. Registered non-profits can use the Santai plan with RM0 B2C FPX fees, with slower settlement (10 business days).
- CHIP: businesses that want many payment methods with no setup or monthly fee. It covers FPX, cards, e-wallets and DuitNow QR. Remember that CHIP's fees are subject to 8% SST.
- senangPay: SMEs that want an all-in-one package with instalment plans. There is a yearly fee (from RM199), and the percentage-based FPX fee costs more on larger orders.
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Frequently asked questions
Which Malaysian payment gateway has no yearly fee?
Billplz Basic, toyyibPay (for FPX) and CHIP don't charge a yearly fee; you pay per transaction. senangPay starts at RM199 a year (checked 16 Oct 2026).
What's the cheapest FPX fee?
For B2C payments, toyyibPay and CHIP charge RM1.00, Billplz Basic RM1.25 and Billplz Standard (RM999/year) RM0.75. Registered non-profits on toyyibPay's Santai plan pay RM0.
Can a freelancer without a company use these gateways?
Each provider has its own sign-up requirements for individuals, sole proprietors and companies. Check the provider's registration page before you apply; SIM hasn't compared these rules.
Which gateway pays out fastest?
On their pricing pages, Billplz pays FPX collections out the next business day and CHIP the next day. toyyibPay's Standard plan takes 1–4 business days. senangPay's pricing page doesn't state a payout time.
Do these fees include SST?
CHIP states that its transaction fees are subject to 8% SST. For the others, check the provider's terms. SIM hasn't added tax to any fee on this page.
Can I accept DuitNow QR and e-wallets?
Yes. Billplz (e-wallet, separate application), toyyibPay (DuitNow QR, subject to approval), CHIP (e-wallets and DuitNow QR) and senangPay (e-wallets) all list these on their pricing pages.
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