FPX Online Banking
FPX Online Banking enables merchants to accept payments from 18 Malaysian banks that offer internet 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 banking. Banks 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.
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Get in touchWhy FPX Online Banking
Bank transfers are the second-most popular method of payment in Malaysia (30%) where 87% of the population are banked (PPRO Almanac).
Using FPX, Malaysian shoppers spend more than US$150 million a year with e-commerce merchants (Statista).
Through one FPX connection, merchants offer consumers access to 18 bank payment channels, giving them access to millions of Malaysian consumers.
Specifications
Coverage
Currencies
Features
Payment flow
At online checkout, the consumer selects FPX as their preferred payment method
The consumer selects one of 18 banks from a list on a web page. Then the consumer is redirected to their online bank account and logs in
The consumer selects the account to use for the payment from the bank app
The consumer receives a verification code by SMS text message and enters it into the banking app
After confirming the payment, the consumer is redirected back to the merchant's website