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Business plan: Accepting payments via FPX
Business plan: Accepting payments via FPX

FPX is one of the most popular online payment methods in Malaysia

Updated over a week ago

Financial Process Exchange (FPX) is a Malaysia-based payment method that allows customers to complete transactions online using their bank credentials. Bank Negara Malaysia (BNM), the Central Bank of Malaysia, and eleven other major Malaysian financial institutions are members of the PayNet Group, which owns and operates FPX.

In order to pay with FPX, customers are redirected to their online banking environment where they have to perform a two-step authorization. The exact customer experience varies depending on their bank. Learn more: FPX payments 💡

Availability

  • Available for merchants in Malaysia

  • Supported currency: MYR

  • Available for clients in Malaysia

Setup

To offer this payment option in your online store, simply turn it on in your Stripe dashboard. It's easy, just follow these steps:

1. Within the website builder, open your store management area. Go to Store settings → Payments → Manage Stripe and open your Stripe account.

2. In your Stripe account, go to the payment methods settings.

3. Find the FPX payment method, and click Turn on to enable it in your online store.

This payment method will be automatically suggested for your clients in Malaysia.

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