Alipay, China's leading third-party online payment solutionAlipay, China's leading third-party online payment solution

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/Dispute

Maximum payment amount

30,000 MYR

Refund period

365 days

User experience

The following screenshots show the journey of paying with FPX:

image

Figure 1. Payment process with FPX