FPX online banking
Bank-based checkout for individual and business customers.
PAYMENTS, MADE CLEAR
A Malaysia payment gateway.
For your next chapter.
Selling online, taking bookings or growing your store? Explore how CHIP can help your business collect payments—and understand the costs before you start.
Affiliate disclosure: we may earn a commission when you sign up through our referral links. This is an independent guide, not the official CHIP website.
✓ Local payment methods✓ Links, plugins & API✓ Clear transaction pricing
01 / CHIP COLLECT
Meet CHIP. Keep your options open.
CHIP is a digital finance platform for Malaysian businesses. This guide focuses on CHIP Collect, its payment collection offering. Start with your sales channel, then compare payment costs, integration effort and your customers’ preferences.
Our take: a useful option to evaluate for SMEs that want local payment methods and a choice of no-code links or website integration. Suitability depends on your business and CHIP’s approval.
02 / Payment methods
Let customers pay their way.
DuitNow QR
Online QR payments through supported banking and e-wallet apps.
Credit & debit cards
Local and foreign card payments.
E-wallets
CHIP lists Touch ’n Go, GrabPay and ShopeePay.
Payment method availability depends on your merchant setup and applicable CHIP terms. Payment methods & integrations
Promotional artwork supplied by CHIP
A payment gateway for the way you work.
Social sellers
Share a payment link after confirming an order.
Service businesses
Request a deposit or payment for an agreed service.
Online stores
Offer supported methods within your checkout flow.
SMEs & software teams
Connect payment collection to a website or custom application.
03 / PAYMENT LINKS
No website? Start with a payment link.
Create a payment link in CHIP and share it through chat, email or social media. Your customer follows the link to pay. It is a practical starting point when you do not need a full online store.
Explore CHIPAlready online? Connect your checkout.
WooCommerce
Use the official CHIP for WooCommerce plugin. Check current compatibility, configure your merchant credentials and test the full order flow before going live.
Other websites & platforms
Check CHIP’s current integration list against the platform you use. A supported plugin may reduce custom development work.
Custom API integration
CHIP provides a Collect API for custom payment flows. Plan for server-side credentials, payment verification and webhook handling with your developer.
04 / Fees
Know the cost of getting paid.
Selected published online-payment rates. CHIP’s pricing page states there are no setup or monthly fees.
FACT-CHECKED · 16 SEP 2026| Online payment method | Published fee / paid transaction |
|---|---|
| FPX · B2C | RM1.00 |
| FPX · B2B1 | RM2.00 |
| Local credit cards | 2.0% |
| Local debit cards | 1.0% |
| Foreign credit & debit cards | 3.0% |
| DuitNow QR · online | 1.0% · minimum RM0.15 |
Checked 16 September 2026. Rates can change. Confirm applicable taxes, eligibility, settlement timing, refund and chargeback charges with CHIP before applying. This is a selected summary, not a full fee schedule.
Official pricing source ↗RM / SME
What do the fees mean for your orders?
The same payment method can represent a very different share of a RM10 order and a RM500 order. These worked examples translate the published rates above into ringgit.
| Order value | FPX B2C | Local credit card | Online QR |
|---|---|---|---|
| RM10 | RM1.00 | RM0.20 | RM0.15 |
| RM50 | RM1.00 | RM1.00 | RM0.50 |
| RM100 | RM1.00 | RM2.00 | RM1.00 |
| RM500 | RM1.00 | RM10.00 | RM5.00 |
For a RM10 order, the RM1 FPX fee equals 10% of the sale. At RM100 it equals 1%. FPX and a 2% local credit-card fee are equal at RM50; FPX and a 1% online QR fee are equal at RM100. Compare cost alongside the ways your customers prefer to pay.
Calculations: FPX B2C = RM1; local credit card = order value × 2%; online DuitNow QR = the greater of order value × 1% or RM0.15. Examples exclude applicable taxes and any other charges. They are illustrations, not a quote or a settlement forecast. Check current CHIP pricing
Is CHIP a good fit for your SME?
Start with the way you sell and the work involved in getting paid. These are our selection considerations, not a promise of approval or a comparison of every provider.
Worth considering when…
You sell through chat or social media
A payment link can let you request payment without building a complete online store. Decide how you will match each payment to an order.
You operate a WooCommerce store
Evaluate the official plugin with your theme and checkout extensions. Allow time to test paid, failed and refunded orders.
You want local payment options
Check which methods your customers actually use. Estimate costs using your average order size and expected payment mix.
Check more closely when…
Your orders are very small
A fixed fee can consume a larger share of each sale. Use the examples above and include your own margins in the decision.
You need a particular settlement schedule
Confirm timing for each method, bank processing and your merchant terms before relying on the funds for supplier payments.
You need complex billing or a custom platform
Confirm your exact requirements with CHIP and your developer. Budget for integration, verified payment notifications, refunds and ongoing maintenance.
How this guide makes recommendations
We use linked official product documentation and pricing, then show our own arithmetic and business examples. Examples are hypothetical; we have not run live merchant transactions to validate settlement timing. Referral commission does not change the assumptions shown here. We do not award scores or claim CHIP is the best provider for every business.
From interest to your first payment.
- 01
Check the fit
Review payment methods, current fees and requirements for your business.
- 02
Apply with CHIP
Complete CHIP’s onboarding and any requested verification. Approval is subject to CHIP’s review.
- 03
Set up & test
Choose a link, plugin or API. Verify checkout, payment status and your operational workflow before launch.
05 / FAQ
A few things worth knowing.
Is this the official CHIP website?
No. Malaysia Payment Guide is an independent affiliate information website. CHIP provides the payment service and handles merchant applications.
Do I need a website to use CHIP?
Not for payment links. CHIP lets you share a payment link with customers through chat, email or social media.
Can I use CHIP with WooCommerce?
Yes. CHIP publishes an official WooCommerce plugin. Check the current plugin documentation and test compatibility with your store.
Which payment gateway is best for an SME in Malaysia?
There is no single best choice for every business. Compare the methods your customers use, total fees, settlement needs, integration effort and support. This page covers CHIP; it is not a market-wide ranking.
Are transaction fees the only cost to check?
No. Review the complete current fee schedule and your merchant terms, including applicable taxes and any refund or chargeback costs.
Can I start accepting payments immediately?
Do not assume instant approval. Your application, enabled methods and launch readiness depend on CHIP’s onboarding and your setup.
Your business. Your next payment.
See whether CHIP fits the way you sell.
Official sources & editorial notes
Product facts checked on 16 September 2026. Business examples and selection advice are our editorial interpretation. We do not claim to have tested every feature or compared every provider.