Market coverage 1
- Malaysia Ringgit
FPX (Financial Process Exchange) is a popular online payment method in Malaysia, developed by PayNet, a consortium of Malaysian banks.
FPX allows users to transfer money directly from their bank account to the beneficiary’s account in real-time, without the need for credit or debit cards. Users can make online payments for a variety of services such as utility bills, online purchases, peer-to-peer money transfers, loan payments, and donations.