Fiuu vs Stripe Malaysia: Pricing, features & honest comparison (2026)

Key Takeaways:

• Fiuu offers wider local payment coverage (110+ methods including FPX, DuitNow QR, and Malaysian e-wallets) at lower domestic rates. But it charges setup and annual fees,  and doesn't disclose FX margins.

• Stripe gives you global reach (135+ currencies) and best-in-class developer tools. But it charges 3% + RM1 for FPX and cards,¹ and only supports GrabPay and no other Malaysian e-wallets.

• Airwallex combines both local depth and global reach. It gives you 160+ payment methods, like-for-like settlement in 20+ currencies, no setup or annual fees, and lower domestic rates than both Fiuu and Stripe.

Fiuu vs Stripe are two payment gateways that approach the Malaysian market from opposite directions. Fiuu is built for domestic coverage, while Stripe is built for global scale.

This article compares the two head-to-head — on pricing, payment methods, settlement, integrations, and security — so you can decide which fits your business. And if neither feels quite right, we'll cover a third option that bridges the gap.

What is Fiuu?

Fiuu is Malaysia's largest payment gateway by transaction volume, processing over US$9.8 billion in TPV in FY2024.² Originally founded in 2005 and formerly known as Razer Merchant Services, it now operates across eight markets in Southeast Asia and serves more than 70,000 merchants.²

Fiuu's strength is domestic payment coverage — FPX, DuitNow QR, all major Malaysian e-wallets, BNPL, and even cash-over-counter payments at 7-Eleven outlets. For a detailed breakdown, see our full Fiuu review.

What is Stripe?

Stripe is a global payments platform headquartered in San Francisco, supporting 135+ currencies and 100+ payment methods.¹ It's widely used by technology companies and SaaS businesses for its developer tools, extensive API, and detailed documentation.

In Malaysia, Stripe supports credit and debit cards, FPX, GrabPay, and Alipay.¹ Its local payment method coverage is narrower than domestic gateways, but its strength lies in global reach and developer experience.

Fiuu vs Stripe at a glance

Here's how the two compare across features, coverage, and settlement:

The information in this table has been reviewed to be accurate as of 15 April 2026.

Fiuu has the edge on local payment coverage — it supports DuitNow QR, six Malaysian e-wallets, BNPL, and cash-over-counter payments, none of which Stripe offers. Stripe wins on global reach, with multi-currency settlement in 135+ currencies and no upfront fees.

Pricing comparison

Fiuu no longer publishes pricing on its website. The Fiuu rates below are based on figures listed on partner platforms such as SiteGiant, which publishes Fiuu's Premium plan pricing for its merchants.

These may differ from what Fiuu quotes you directly, so always confirm your rates before signing up. Stripe pricing is taken from stripe.com/en-my/pricing.

Transaction fees

The information in this table has been reviewed to be accurate as of 16 April 2026.

Fiuu is cheaper on every payment method where both providers compete. The gap is especially wide on FPX — at 2.4% vs. 3% + RM1, a RM100 FPX transaction costs RM2.40 through Fiuu and RM4.00 through Stripe.

For e-wallets, the difference is even larger, since Stripe only supports GrabPay at 3% while Fiuu offers six Malaysian e-wallets from 1.4%.

Setup and recurring fees

This is where Stripe has the advantage. Stripe charges no setup fee, no annual fee, and no monthly fee.¹ You only pay per transaction.

Fiuu's Premium plan comes with a one-time setup fee of RM400 (+ 6% SST) and an annual fee of RM499 (+ 6% SST).³ That means you're paying roughly RM950 before you process a single transaction, and RM529 every year after that.

Whether Fiuu's lower per-transaction rates offset those fixed costs depends on your volume. On domestic card transactions alone, Fiuu saves you roughly 0.6% per transaction compared to Stripe.

A quick note on the setup fees comparison: It may be a fairer comparison to use Fiuu's Lite plan pricing here, since Stripe also has no upfront fees. But as mentioned earlier, Fiuu no longer publishes pricing on its website, and the only publicly available data is for the Premium plan via SiteGiant — so that’s what we’re going off.

Hidden costs to watch

Both platforms have costs that aren't obvious at first glance.

Fiuu:

• FX conversion margins are not publicly disclosed. If you accept international payments, you won't know the true cost until funds land in your account.

• Shopify merchants pay an extra 0.25% on top of all transaction fees.⁵

• Credit card channel activation may require a separate one-time fee of RM954, charged by the processing bank, plus RM250 for each resubmission if your application is rejected.⁴

Stripe:

• Currency conversion carries a +2% surcharge on top of the base transaction rate.¹ Unlike Fiuu, this is disclosed upfront — but it adds up quickly on cross-border transactions.

• International cards are charged an additional 1% on top of the standard 3% + RM1.¹

• Disputes cost RM90 each, regardless of outcome.¹

The key difference here is transparency. Stripe's extra costs are published and predictable. Fiuu's FX margins are not, which makes it harder to calculate your total cost on international transactions.

Payment methods

This is the biggest difference between the two platforms — and likely the deciding factor for most Malaysian businesses.

Fiuu

Fiuu supports over 110 payment methods across Southeast Asia.² In Malaysia, that includes:

• Internet banking: FPX, with access to major banks including Maybank, CIMB, and Public Bank

• E-wallets: Touch 'n Go, GrabPay, Boost, ShopeePay, MAE, WeChat Pay

• QR payments: DuitNow QR

• Cards: Visa, Mastercard

• BNPL: Atome, GrabPay PayLater

• Cross-border wallets: Alipay, WeChat Pay

• Cash over the counter: Fiuu Cash at over 2,000 7-Eleven outlets across Malaysia²

• Mobile wallets: Apple Pay, Google Pay²

For a purely domestic business, Fiuu covers almost every way a Malaysian customer might want to pay.

Stripe

Stripe takes a different approach. Rather than deep local coverage, it focuses on global reach, with 100+ payment methods across 195 countries.¹ But in Malaysia, the supported list is much shorter:

• Internet banking: FPX

• E-wallets: GrabPay only

• Cards: Visa, Mastercard, Amex

• Cross-border wallets: Alipay

That's it for locally relevant methods. There's no DuitNow QR, no Touch 'n Go, no Boost, no ShopeePay, no MAE, no BNPL, and no cash payment option.

Why this matters

E-wallets and QR payments are growing fast in Malaysia. Touch 'n Go eWallet alone has over 28 million users, and DuitNow QR adoption has surged since Bank Negara Malaysia's push toward a cashless economy. If your customers prefer these methods, Stripe simply can't serve them.

On the other hand, if your customer base is primarily international, Stripe's narrower local coverage may not matter to you.

Integration and developer experience

This is where Stripe pulls ahead. If your team builds custom payment flows or needs deep API control, Stripe is hard to beat.

Stripe

Stripe's reputation is built on its developer tools. Its API is well-documented, consistently maintained, and supported by pre-built UI components, client libraries in every major programming language, and detailed guides for common use cases.¹

Key integration options include:

• Stripe Checkout — a pre-built, hosted payment page that handles the entire checkout flow

• Stripe Elements — customisable UI components you can embed directly into your site

• Full API — complete control over the payment experience for custom-built flows

• No-code options — payment links and invoicing for businesses that don't need a developer

• Stripe Terminal — in-person payment acceptance with a unified online and offline dashboard¹

Stripe also has an extensive library of third-party integrations and plugins, including Shopify, WooCommerce, and Magento, with no additional surcharge.

Fiuu

Fiuu offers six integration methods,⁵ which cover the basics but lack the depth and polish of Stripe's ecosystem:

• Hosted payment page — redirect customers to Fiuu's payment page to complete the transaction

• Seamless checkout — an embedded checkout that keeps customers on your site⁵

• API integration — for custom-built payment flows

• Mobile XDK — a cross-platform mobile payment kit for iOS and Android²

• Tokenisation — saved payment details for returning customers²

• Shopping cart plugins — pre-built integrations for Shopify, WooCommerce, and Magento⁵

Fiuu's tools get the job done, but the documentation is less detailed, the developer community is smaller, and the API is less flexible than Stripe's. If you use Shopify, note that Fiuu adds a 0.25% surcharge on top of all transaction fees.⁵

Settlement and payouts

Neither Fiuu nor Stripe is fast when it comes to getting money into your bank account. Here’s a quick overview:

The information in this table has been reviewed to be accurate as of 16 April 2026.

Fiuu

Fiuu settles on a weekly cycle. Transactions from Monday to Sunday are paid out the following Thursday.³ If that Thursday falls on a public holiday, settlement moves to the next business day.

In practice, a transaction made on a Monday could take up to 10 days to reach your account. For businesses with tight cash flow — particularly smaller merchants or those with high stock turnover — that delay adds up.

Fiuu settles only in MYR.⁴ If you accept payments in other currencies, Fiuu converts them before settling, but it does not disclose the FX margin it applies.

Stripe

Stripe's standard payout schedule in Malaysia is 5 business days.¹ That's slightly more predictable than Fiuu's weekly cycle, but not meaningfully faster — you're still waiting roughly a week for your funds.

The key difference is currency flexibility. Stripe supports multi-currency settlement in 135+ currencies.¹ If you have a Stripe account in another country, you can settle in that local currency rather than converting everything to MYR. However, if you do convert currencies, Stripe charges a transparent +2% surcharge.¹

Both platforms are slow by modern standards. If settlement speed is a priority, neither is ideal — and that's worth considering when evaluating alternatives.

Security and compliance

Both Fiuu and Stripe meet the security standards you'd expect from a major payment gateway. The details differ, but neither has a clear weakness here.

Fiuu

Fiuu holds PCI DSS Service Provider Level 1 certification — the highest level of card data security — and is ISO 27001:2022 certified for information security management.² It is regulated under Malaysia's Financial Services Act 2013 and also holds a Shariah Compliance Certification for payment gateway services.²

For fraud prevention, Fiuu runs an in-house AI-driven monitoring system. The company claims one of the lowest dispute transaction ratios in the online payment industry, though it does not publish exact figures.²

Stripe

Stripe is also PCI DSS Level 1 certified.¹ It offers Stripe Radar, a machine-learning fraud detection tool that analyses signals across millions of global transactions to flag and block suspicious activity.¹ 3D Secure authentication is built in, adding an extra layer of verification for card payments.¹

Stripe also publishes SOC 1 and SOC 2 compliance reports, which provide independent assurance on its internal controls and data handling. However, Stripe is not regulated by Bank Negara Malaysia — it operates in Malaysia under its regional licensing.

Fiuu vs Stripe: Which is better?

There's no single answer — it depends on what your business needs most.

Fiuu might suit you better if you sell within Malaysia

Fiuu supports DuitNow QR, six Malaysian e-wallets, BNPL, and cash-over-counter payments — none of which Stripe offers. Its domestic transaction rates are also lower across every payment method where both providers compete.

If your customers are mostly Malaysian and pay through FPX, e-wallets, or QR codes, Fiuu gives you more coverage at a lower per-transaction cost.

Stripe might suit you better if your business is developer-led

Stripe's API, documentation, and pre-built components are a step above Fiuu's, and its support for 135+ currencies makes it a better fit for SaaS companies, digital products, or international eCommerce.

If most of your customers pay by card and your team values integration flexibility, Stripe's higher per-transaction rates may be worth it.

But here's the problem…

Many Malaysian businesses need both: strong local payment coverage for domestic customers and cross-border capabilities for international growth.

Fiuu gives you the first but not the second. Stripe gives you the second but not the first. If you find yourself stuck between the two, there's a third option worth considering.

Why Malaysian businesses choose Airwallex over Fiuu and Stripe

If you’re trying to decide between Fiuu vs Stripe, the assumption is that you need to choose between local depth and global reach. Airwallex removes that tradeoff, and gives you the best of both worlds.

Here’s what you get with Airwallex:

• Local and global payment coverage. Accept 160+ local payment methods across 180+ countries. In Malaysia, that includes FPX, DuitNow QR, e-wallets, and cards — the local coverage Stripe lacks. Internationally, it supports the currencies and methods that Fiuu can't reach.

• Lower domestic rates than both. Local payment methods start from 1.4% + RM0.50 and domestic cards from 1.9% + RM0.50. That's cheaper than Fiuu's 2.4% on cards and significantly cheaper than Stripe's 3% + RM1.

• Like-for-like settlement in 20+ currencies. Collect in SGD, USD, EUR, or GBP and settle in that same currency. No forced MYR conversions like Fiuu. No +2% FX surcharge like Stripe. Convert only when you choose to, at rates you can see upfront.

• No setup fees, no annual fees. Unlike Fiuu, there are no upfront costs. Your only expense is per-transaction pricing.

• More than a payment gateway. Global Accounts let you hold and manage balances in 20+ currencies. Transfers let you pay suppliers and staff across 200+ countries. Corporate Cards give your team multi-currency spending with built-in controls.

Frequently asked questions (FAQs)

Is Fiuu cheaper than Stripe in Malaysia?

Yes, for domestic transactions. Fiuu charges 2.4% for card payments⁴ compared to Stripe's 3% + RM1.¹ The gap is even wider on e-wallets — Fiuu charges from 1.4%⁴ while Stripe only offers GrabPay at 3%.¹ However, Fiuu also charges a setup fee (RM400 + SST) and an annual fee (RM499 + SST),³ which Stripe does not.

Does Stripe support FPX?

Yes. Stripe supports FPX in Malaysia at a rate of 3% + RM1 per transaction.¹ However, this is significantly more expensive than most local gateways, which typically charge between 1.4% and 2.4% for FPX.

Does Fiuu support international payments?

Fiuu supports some cross-border payment methods, including Alipay and WeChat Pay.⁴ However, it settles all transactions in MYR only and does not disclose its FX conversion margins.⁴ If cross-border payments are a core part of your business, a platform like Airwallex may be a better fit — it offers like-for-like settlement in 20+ currencies with no forced MYR conversions.

Can I use Fiuu and Stripe together?

Yes. Many Malaysian businesses run two payment gateways side by side — for example, Fiuu for local e-wallets and DuitNow QR, and Stripe for international card payments. Most eCommerce platforms including Shopify and WooCommerce support multiple gateway integrations. The downside is managing two dashboards, two sets of reports, and two settlement schedules.

Which is better for Shopify — Fiuu or Stripe?

Stripe has the edge on Shopify. It integrates natively with no additional surcharge and offers a smoother checkout experience. Fiuu adds a 0.25% surcharge on top of all transaction fees for Shopify merchants.⁵ However, Fiuu offers DuitNow QR and Malaysian e-wallets that Stripe doesn't support — so the right choice depends on which payment methods your customers use most. Airwallex also offers a Shopify plugin with no surcharge and broader coverage than both.

Is there a payment gateway that combines local and global coverage?

Yes. Airwallex supports 160+ local payment methods across 180+ countries, including FPX, DuitNow QR, and Malaysian e-wallets for domestic coverage, plus like-for-like settlement in 20+ currencies for cross-border transactions. You can read a full comparison in our payment gateway guide for Malaysia.

Sources:

1.  https://stripe.com/en-my/pricing

2.  https://fiuu.com/about-us/

3.  https://accounting.my/payment/paydibs-vs-fiuu/

4.  https://sitegiant.my/fiuu/

5.  https://fiuu.com/faq/

This publication does not constitute legal, tax, or professional advice from Airwallex nor substitute seeking such advice, and makes no express or implied representations / warranties / guarantees regarding content accuracy, completeness, or currency. If you would like to request an update, feel free to contact us at [email protected]. Airwallex (Malaysia) Sdn Bhd is licensed in Malaysia as a MSB Class B (remittance business only) licensee and is regulated by Bank Negara Malaysia (licence number 00318).