dLocal announces Emerging Markets Payments Handbook
Malaysia

Malaysia: eCommerce in Malaysia is gaining momentum

The country's eCommerce is projected to be one of the largest in Southeast Asia, with an annual growth rate of 13.25%*.

* Source: Statista, 2023
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Market Overview

Malaysia’s eCommerce market volume is expected to reach $14 billion by 2027*. * Source: Statista, 2023

Gain insight into Malaysia's most relevant payment methods

  1. 37% Bank Transfers and RTP
  2. 24% eWallets
  3. 17% Credit Card
  4. 11% Debit cards
  5. 6% Cash
  6. 5% Others

  • Credit and debit cards

    Play like a local by offering traditional payment methods.

    • Union Pay
      Union Pay
    • Visa
      Visa
    • Mastercard
      Mastercard

  • Wallets

    Tackle all audiences.

    • GrabPay
      GrabPay
    • Boost
      Boost
    • Touch n'go
      Touch n'go
    • ShopeePay
      ShopeePay

  • Cash-based payments

    • Seven Eleven
      Seven Eleven

  • Bank Transfers

    Count on a wide variety of options to drive conversion.

    • Citi
      Citi
    • PUBLIC BANK
      PUBLIC BANK
    • Maybank
      Maybank
    • OCBC Bank
      OCBC Bank
    • Standard Charterd
      Standard Charterd
    • BANK ISLAM
      BANK ISLAM
    • AmBank
      AmBank
    • AFFIN BANK
      AFFIN BANK
    • RHB BANK
      RHB BANK
    • Hong Leong Bank
      Hong Leong Bank
    • FPX
      FPX
    • DuitNow
      DuitNow
    • CIMB BANK
      CIMB BANK
    • Regular Bank Transfers
      Regular Bank Transfers

  • Pay later

    • Atome
      Atome
View Documentation

The ultimate Country Payment Handbook to unlocking eCommerce growth in Malaysia

The ultimate Country Payment Handbook to unlocking eCommerce growth in Malaysia
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