FPX
Financial Process Exchange (FPX) is a secure and reliable online payment gateway and one of the most popular online payment methods in Malaysia. FPX enables users to make hassle-free and real-time online purchases.
To make FPX payments, users are redirected to their online banking environment to complete the authorization process, which they find familiar and intuitive.
Properties
The properties of the FPX payment method are shown in the following table:
Payment type | Online banking | ||
Acquirer | AlipaySG, AlipayUS | Acquiring region | SG, AU, HK, US |
Payment flow | Redirect | Checkout Payment | ✔️ |
Buyer country/region | Malaysia | Auto Debit | ❌ |
Funds deduction | Real-time | Refund | ✔️ |
Processing currency | MYR | Partial refund | ✔️ |
Minimum payment amount | 1 MYR | Chargeback | ❌ |
Maximum payment amount | 30,000 MYR | Refund period | 365 days |
User experience
The following screenshots show the journey of paying with FPX:
Figure 1. Payment process with FPX