Stripe Fees in Malaysia (2026): Where GrabPay Beats Cards

By the Profitvana Editorial Team · Updated August 2026

Malaysia is the rare market where the cheapest payment method is not the one you would guess. Cards and FPX bank transfers cost exactly the same, Alipay costs slightly less, and GrabPay — alone among them — carries no fixed fee at all, which makes it the cheapest option on every order under about RM33. Here are the 2026 numbers.

Every method, side by side

Stripe Malaysia prices four consumer payment methods, and the differences are structural rather than cosmetic:

Note the first two rows: FPX, Malaysia's bank transfer rail, costs exactly the same as a card. In most countries bank-based methods are the cheap option — here they are simply another option.

Method	Rate	Fee on RM50	Fee on RM500
Domestic card	3% + RM1.00	RM2.50	RM16.00
FPX (bank transfer)	3% + RM1.00	RM2.50	RM16.00
Alipay	2.9% + RM1.00	RM2.45	RM15.50
GrabPay	3%	RM1.50	RM15.00

GrabPay has no fixed fee — that is the whole difference

GrabPay costs a flat 3% with nothing added per transaction. Cards cost 3% + RM1.00. So GrabPay is cheaper on every order, and dramatically cheaper on small ones.

On a RM20 order GrabPay costs RM0.60 against RM1.60 by card — 62% less. On RM50 it is RM1.50 against RM2.50. The gap in absolute terms is always exactly RM1.00, which means the smaller the order, the more it matters.

For any Malaysian business with a low average order value — food, small goods, digital — promoting GrabPay at checkout is worth more than any other fee decision available.

Order	Card	GrabPay	GrabPay saves
RM10	RM1.30	RM0.30	77%
RM20	RM1.60	RM0.60	62%
RM50	RM2.50	RM1.50	40%
RM200	RM7.00	RM6.00	14%

In person is cheaper than online

Stripe Terminal charges 2.8% + RM0.50 on a domestic card in person, against 3% + RM1.00 online. Both the percentage and the fixed fee are lower.

On a RM100 sale that is RM3.30 in person against RM4.00 online — about 17% less. For hybrid businesses running a shopfront alongside a store, the counter is the cheaper channel here, which is not true in every market.

Cross-border

An international card adds 1%, taking it to 4% + RM1.00, and currency conversion adds a further 2%. In-person international cards carry the same 1% surcharge.

As elsewhere, pricing in ringgit and letting the buyer's bank convert avoids the 2% entirely. For a picture of how the region's other hubs are priced, see Stripe fees in Singapore, Hong Kong, and Japan.

Frequently asked questions

How much does Stripe charge in Malaysia?

3% + RM1.00 per successful domestic card transaction online. International cards add 1% and currency conversion adds 2%. In person, domestic cards are 2.8% + RM0.50.

Which payment method is cheapest on Stripe Malaysia?

GrabPay, at a flat 3% with no fixed fee. It is cheaper than a card on every order and by a wide margin on small ones — RM0.60 against RM1.60 on a RM20 sale.

Is FPX cheaper than cards in Malaysia?

No. FPX costs 3% + RM1.00, exactly the same as a domestic card. Malaysia is unusual in this — in most markets bank transfer rails are priced well below cards.

Is it cheaper to take payments in person in Malaysia?

Yes. Stripe Terminal charges 2.8% + RM0.50 against 3% + RM1.00 online, so a RM100 sale costs RM3.30 in person and RM4.00 online.

Stripe fees in other countries

Stripe prices every market differently — the same sale can cost twice as much depending on where your business is registered. We verify each of these against Stripe’s own published fee page for that country:

Sources

Stripe Malaysia pricing (official)