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

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
    • Visa
    • Mastercard
  • Wallets

    Tackle all audiences.

    • GrabPay
    • Boost
    • Touch n'go
    • Duitnow
  • Cash-based payments

    • Seven Eleven
  • Online bank transfers

    Count on a wide variety of options to drive conversion.

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

    • Atome
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