DuitNow enables merchants to accept payments from 18 Malaysian banks with online banking. Merchants can display one of the following options on their checkout page: the ‘Merchant Checkout’, where they show all 18 bank logos, or the ‘Bank Selector’ page, where they display an alphabetical dropdown list of the same 18 banks.

Consumers choose their bank and pay with an instant bank transfer via online bankingBanks include Maybank, CIMB Bank, Public Bank, Bank Islam, Hong Leong Bank, RHB Bank, Ambank, Alliance Bank, Bank Kerjasama Rakyat Malaysia, Affin Bank, OCBC Bank, Standard Chartered Bank, United Overseas Bank (UOB), Bank Simpanan Nasional, Bank Muamalat, Hongkong and Shanghai Banking Corporation (HSBC), Kuwait Finance House, Agrobank.

Why DuitNow?

  1. Bank Transfer dominates e-commerce payments in Malaysia, accounting for 45% of all e-commerce transactions, and is expected to rise to 50% by 2024 (JP Morgan).
  2. DuitNow replaces the very popular FPX which is being withdrawn from the market at the end of 2023.
  3. Through one DuitNow connection, merchants offer consumers access to 18 bank payment channels, giving them access to millions of Malaysian consumers.
Want to integrate DuitNow onto your platform? Get in touch
Availability Available with PPRO
Type Bank transfer
Company behind LPM Payments Network Malaysia Sdn Bhd
Market share details One of the top 3 methods of payment in Malaysia
Market relevance High

E-commerce and payments insights by country

Discover how the world pays for things by exploring our e-commerce reports. We have one for almost every country on the planet.

United Kingdom Switzerland United States
All countries

Got a question?

The friendly folks in our Sales Team will be happy to help, whether you’ve got a question about an e-commerce market or want to know more about what we can do for your business.