7 best Fiuu alternatives in Malaysia (2026 guide)

Key Takeaways:

• Fiuu is a strong domestic payment gateway, but its weekly settlement and undisclosed FX margins lead many Malaysian businesses to explore alternatives.

• The best Fiuu alternative depends on your priorities, whether that's lower fees, faster settlement, cross-border capabilities, or simpler onboarding.

• Airwallex stands out for businesses with any cross-border needs, offering 160+ payment methods, like-for-like settlement in 20+ currencies, and no setup or annual fees.

Looking for Fiuu alternatives? You’re in the right place.

Fiuu remains Malaysia’s largest payment gateway by transaction volume, with strong domestic coverage and an established presence in the market.

However, other payment gateways offer different pricing structures, settlement options, payment methods, and cross-border capabilities.

In this guide, we’ll compare seven options available in Malaysia, looking at their fees, features, settlement speeds, and international payment capabilities to help you find the right fit for your business.

Why look for a Fiuu alternative?

Before diving into specific providers, here's a quick summary of the main reasons businesses switch away from Fiuu. (For the full breakdown, see our Fiuu review.)

• No public pricing. Fiuu doesn't publish a standard fee schedule on its main website. Businesses need to contact its sales team or register to obtain pricing.

• Weekly settlement for most payment methods. Fiuu settles card, online banking, DuitNow QR, BNPL and foreign e-wallet transactions weekly on Thursdays. A Monday transaction could take up to 10 calendar days to reach your account.

• FX margins not disclosed. If you accept international payments, Fiuu converts everything to MYR before settling, but doesn't share what FX margin it applies.

• MYR-only settlement. There's no option to hold or settle in other currencies, which means forced conversions on every cross-border transaction.

If any of these are deal-breakers for your business, the alternatives below are worth considering.

Information in this section is based on Fiuu’s official website as of 10 Nov 2026.

7 best Fiuu alternatives in Malaysia

Here's how the main alternatives stack up across fees, settlement, and cross-border support.

We’ll start with a quick overview, before going into the individual providers:

This information is based on publicly available information accessed on 10 Nov 2026. Information reflects Airwallex's own research and has not been independently verified.

1. Airwallex

Airwallex is a strong Fiuu alternative for Malaysian businesses looking for flexible payment acceptance across online and in-store channels.

It supports local payment methods such as FPX, DuitNow, Touch 'n Go eWallet and GrabPay, alongside domestic and international card payments.

For businesses with physical stores, Airwallex also offers POS payments through smart terminals and other supported devices. Both online and in-person payments can be managed through the same platform, with unified reporting.

Where Airwallex goes further is in its multi-currency capabilities. Unlike Fiuu, which settles transactions in MYR, Airwallex lets eligible businesses collect and settle funds in up to 12 currencies. This helps you avoid unnecessary currency conversions and FX fees.

You can sign up for an Airwallex account fully online; there are no setup fees, monthly fees, or minimum balane requirements.

2. Stripe

Stripe is best known for its developer-first approach to online payments. Its APIs, extensive documentation, and pre-built checkout components make it particularly attractive to businesses with in-house development teams or more complex payment requirements.

It's also a strong option for businesses selling internationally, with support for payments in 135+ currencies and a wide range of international payment methods.

For Malaysian businesses, however, its local payment method coverage is less extensive than that of gateways built specifically for the Malaysian market. For example, it does not currently support DuitNow QR, Boost, ShopeePay, or Atome.

Features:

• Online payments via credit and debit cards

• FPX, GrabPay and Alipay support

• Payment Links and hosted checkout pages

• Customisable checkout using Stripe Elements

• APIs and pre-built integrations for developers

• Subscription and recurring billing through Stripe Billing

• Built-in fraud detection and prevention with Stripe Radar

Information in this section is based on Stripe’s official website as of 10 Nov 2026.

3. Adaptis (formerly iPay88 and eGHL)

Adaptis is NTT DATA Payment Services' unified payment platform, bringing together the capabilities of two established Malaysian payment providers: iPay88 and eGHL.

Its main strength is its local market focus and omnichannel offering. Beyond online payment processing, Adaptis provides in-store payment acceptance, merchant financing and enterprise payment solutions.

This makes it particularly relevant for established retailers and businesses that need to manage payments across both physical and digital channels, rather than just accept payments through an online checkout.

Features:

• Online payments via credit and debit cards, online banking and e-wallets

• DuitNow QR acceptance

• Payment links via direct links and email

• Recurring payment collection for subscriptions

• 0% instalment payment plans

• Buy Now, Pay Later (BNPL) acceptance

• In-store POS terminals and Tap to Pay on Android and iPhone

Information in this section is based on Adaptis’s official website as of 10 Nov 2026.

4. HitPay

HitPay is a Singapore-founded payment platform with a strong focus on SMEs across Southeast Asia. Its main differentiator is that it combines online payment acceptance with in-person sales tools, making it useful for businesses that sell through multiple channels.

It's particularly well suited to small retailers, independent merchants and social sellers who want to manage payments without investing in a separate payment gateway, POS system and invoicing solution.

Features:

• Online payments via Visa, Mastercard and other supported card schemes

• FPX online banking and DuitNow QR

• Malaysian e-wallets including Touch 'n Go, GrabPay and ShopeePay

• BNPL options including Atome and Shopee SPayLater

• Payment links and invoicing

• In-person payments through POS terminals and Tap to Pay on Android

• Recurring billing and integrations with Shopify, WooCommerce and Wix

Information in this section is based on HitPay’s official website as of 10 Nov 2026.

5. SenangPay

SenangPay is a Malaysian payment gateway geared towards SMEs, particularly small businesses, online sellers and merchants selling through social media.

Following its integration with Indonesia-based DOKU, the platform has moved to a new payment infrastructure while retaining its focus on the Malaysian SME market.

Its main selling point is accessibility. Businesses can start accepting payments without building a full e-commerce website, while those with existing online stores can integrate SenangPay through ready-made plugins or APIs.

Features:

• Online payments via FPX, credit and debit cards, and e-wallets

• BNPL and bank instalment payment options

• Payment links and Digital Catalog for selling without a website

• Customisable payment forms and checkout pages

• Invoicing and e-quotation tools

• Recurring payments and card tokenisation

• Shopify, WooCommerce and Magento plugins, plus API integration

Information in this section is based on SenangPay’s official website as of 10 Nov 2026.

6. Billplz

Billplz is a homegrown Malaysian payment platform with a strong focus on online collections, particularly FPX bank transfers. It has built a sizeable presence among Malaysian businesses and organisations, including government agencies and educational institutions.

Its main differentiator is its FPX-focused payment infrastructure, straightforward collection tools and developer-friendly integrations.

It's particularly suitable for businesses that receive a high volume of bank-transfer payments, such as service providers, membership organisations, educational institutions and businesses collecting invoices.

Features:

• Online payments via FPX (B2C and B2B), Visa and Mastercard

• Malaysian e-wallets including DuitNow QR, Touch 'n Go, Boost, GrabPay and ShopeePay

• Instalment payment options, including Atome

• Payment links and bill collection through the merchant dashboard

• Catalog Link and Catalog Store for selling online without a separate website

• REST API and pre-built plugins for Shopify, WooCommerce, EasyStore and other platforms

• Payment Order for bulk disbursements and automated split payments

Information in this section is based on Billplz’s official website as of 10 Nov 2026.

7. PayPal

PayPal is best known for its global brand recognition and established consumer payment network. Its biggest advantage is familiarity: international customers can pay using an account they may already have, rather than entering their card details on an unfamiliar checkout page.

It's particularly suitable for Malaysian businesses selling to overseas customers, freelancers and service providers who collect payments internationally, and online merchants who want to offer PayPal as an additional checkout option.

However, it's less suited to businesses that depend heavily on Malaysian domestic payment methods, as its local payment coverage is more limited than that of homegrown gateways.

Features:

• Online payments via PayPal, credit and debit cards

• International payment acceptance from 200+ markets

• Support for payments in 130+ currencies

• Payment links, buttons and QR codes

• Online invoicing and payment requests

• Recurring payments and subscription billing

• Seller Protection on eligible transactions and built-in fraud management

Information in this section is based on PayPal’s official website as of 10 Nov 2026.

Why Malaysian businesses choose Airwallex over Fiuu

Airwallex offers you a straightforward way to manage payment acceptance across local and international markets, both online and in person. Instead of juggling separate providers for your website, physical store and overseas transactions, you can bring them together on one platform.

Here's what you can do with Airwallex:

• Accept 160+ payment methods. Accept payments via domestic and international cards, FPX, DuitNow, local e-wallets, and more.

• Manage online and in-store payments together. Use Airwallex Payments for online checkout and POS for in-person transactions. View sales across both channels through one platform, with unified reporting that makes tracking and reconciliation easier.

• Integrate with your existing eCommerce platform. Connect Airwallex to Shopify, WooCommerce and Magento through ready-made plugins.

• Keep the currency you collect. Unlike Fiuu, which converts cross-border transactions into MYR, Airwallex lets eligible businesses settle in up to 12 currencies. This helps you reduce unnecessary conversions and save on FX fees.

You can sign up for an Airwallex account fully online; there are no setup fees, monthly fees, or minimum balane requirements.

Frequently asked questions (FAQs)

What is the cheapest Fiuu alternative in Malaysia?

The cheapest Fiuu alternative depends on your payment mix. Billplz is worth considering for businesses that mainly collect FPX payments, while HitPay offers competitive rates for domestic card and DuitNow transactions. Airwallex is another option for businesses that handle both domestic and international payments, with multi-currency accounts and cross-border payment capabilities. Compare supported payment methods and settlement options alongside transaction fees to find the best fit.

Which Fiuu alternative is best for Shopify?

Airwallex, Billplz, HitPay, Stripe and SenangPay all offer Shopify integrations. Airwallex suits businesses selling internationally, while Billplz is a good fit for merchants focused on Malaysian payment methods, particularly FPX. HitPay is useful for businesses selling both online and in person, while Stripe offers more advanced checkout customisation and international payment capabilities.

Can I use multiple payment gateways at the same time?

Yes. Many Malaysian businesses use two or more gateways: for example, a local gateway for FPX and e-wallets, and a second platform for cross-border payments and multi-currency settlement. Most eCommerce platforms like Shopify and WooCommerce support multiple gateway integrations.

Is there a Fiuu alternative with no setup fees?

Yes, most modern gateways in Malaysia have dropped setup fees entirely. Airwallex, Stripe, HitPay, Billplz, SenangPay, and PayPal all charge no setup fee.

Which payment gateway is best for cross-border payments in Malaysia?

Airwallex is a strong choice for Malaysian businesses that accept international payments or sell to customers overseas. It supports 160+ payment methods across 180+ countries, lets businesses collect and hold funds in 20+ currencies, and offers cross-border transfers to 200+ countries. This makes it particularly useful for businesses that want to manage international collections, currency conversion and supplier payments through one platform.

Sources:

1.  https://stripe.com/en-my/pricing

2.  https://hitpayapp.com/my/pricing

3.  https://senangpay.com/pricing

4.  https://billplz.com/pricing

5.  https://paypal.com/my/webapps/mpp/merchant-fees

6.  https://sitegiant.my/fiuu/

7.  https://fiuu.com/faq/