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Stripe Payment Gateway | Key Features, Pricing & Comparison

Min. Transaction Fee

3.0%

Min. Annual Fee

RM0.0/year

Supported Payment Methods

Credit/Debit Card, FPX, Digital Wallets/E-wallets

Supported Digital Wallets

GrabPay, AliPay

Recurring Payments

Supported

Instalment Payments

Supported

What is Stripe?

Stripe is a payment processor.

Ready integration with popular eCommerce platforms like Shopify and EasyStore.
Shopify store owners enjoy 0% transaction fees (normal rate is between 0.5% – 2.0%).
Zero setup fees for the first year, and forever.
Recurring payments possible without additional fees.

High transaction fees are high compared to other local payment providers.
No WhatsApp payment link.

More information

Key features

Payment processor integrated directly into popular software for eCommerce.
Payment collection through payment links and invoice generation.
Fraud prevention with Radar.

Eligibility

Malaysian individuals and businesses registered in Malaysia.

Settlement

7 – 14 days for first payout.

Subsequent payouts are based on a daily schedule.

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Stripe Pricing

No annual fees. 3.0% + RM1.00 fee for Credit/Debit Cards and FPX transactions. 2.9% + RM1.00 for AliPay and 3.00% for GrabPay.

+2% if currency conversion is required.

*6% SST chargeable for all transactions using Stripe.

How to choose the best payment gateway for your business?

Choosing the right payment gateway for your business is a key decision. Read our comprehensive guide to find out how to choose the best payment gateway for your business, or speak to our consultant for professional advice.