FPX
FPX is an online payment option by PayNet (formerly known as MyClear) that allows consumers to make real-time online payments using their current or saving account.
In May 2012, PayNet has appointed Fiuu as its first Non-Bank Acquirer (or Third Party Acquirer) for FPX in Malaysia, helping them to acquire online merchants for FPX through integration between merchants’ website and Fiuu payment gateway.
Supported Banks
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FPX (B2B)
FPX (B2B) is a corporate online payment solution by PayNet that exclusively allows corporate customers to make online payment to another business entity.
Minimum transaction amount is MYR2.00 (2 Ringgit Malaysia) and maximum amount limit can be up to MYR1,000,000.00 (1 million Ringgit Malaysia), but the actual limit is based on corporate account settings.
Payment flow - FPX (B2B)
The payment flow is not as straightforward as FPX B2C or end-consumer’s checkout and payment flow.
Benefits of FPX (B2B)
Automate and ease merchant’s payment collection from other corporate clients.
Merchant can accept payment up to MYR1,000,000
Merchant does not need any corporate banking account to receive FPX (B2B) payment.
*only corporate clients are required to use their corporate banking account to complete the payment
Supported Banks
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