Enable customers to pay using Online Banking, one of the most trusted payment methods in Malaysia.
Accept payments through a single API, settle globally, and access local payment rails without building market-specific infrastructure.
Summary
Online Banking is one of the most widely used payment methods in Malaysia, enabling consumers and businesses to send and receive payments through electronic bank transfer networks. It plays an important role in the country's payment ecosystem, offering a familiar and trusted way for customers to complete transactions.
Capturing an estimated 35% of direct checkout with more than 16M+ digital accounts, Online Banking has become a preferred payment option for online purchases, business payments, subscriptions, marketplace transactions, and everyday commerce in Malaysia. For businesses looking to expand into Malaysia, accepting Online Banking can help improve checkout conversion rates, increase payment acceptance, and provide a localized payment experience. Through Echo Money, businesses can accept Online Banking seamlessly, manage settlements, and access local financial infrastructure easily.
At a glance
Integrate with Echo Money. Connect to Echo Money through a single API and gain access to 150+ local payment methods including Online Banking, global payment rails, and stablecoin infrastructure.
Enable Online Banking. Activate Online Banking for your business and configure how you want to collect, send, or settle payments in Malaysia without managing multiple local providers.
Start Accepting and Sending Payments. Your customers can immediately begin paying through Online Banking via a fully white-labelled experience, while you collect funds, process payouts, and move money seamlessly.
Scale with Built-In Compliance. Echo Money handles compliance requirements, including KYC, KYB, transaction monitoring, and payment operations, helping your business expand into Malaysia without the complexity of managing local payment infrastructure.
Businesses across industries use Online Banking to offer a more localized payment experience and improve payment performance in Malaysia.
E-commerce Platforms use Online Banking to increase checkout conversion rates and reduce payment friction.
Marketplaces rely on Online Banking to collect payments from buyers while supporting efficient seller payouts.
Gaming & Digital Businesses leverage Online Banking to improve payment acceptance rates and support seamless in-app purchases.
Travel, Fintech, and Global Merchants use Online Banking to collect local payments in Malaysia without building country-specific payment infrastructure.
SaaS Companies collecting recurring payments use Online Banking to reach customers in Malaysia through familiar and trusted payment methods.
Echo Money brings Online Banking and 150+ local payment methods into a single platform. With one integration, businesses can
Enable Online Banking through a single API and manage collections, payouts, and settlement alongside 150+ local payment methods.
Accept Online Banking with built-in KYC, KYB, transaction monitoring, and compliance controls designed for cross-border payment operations.
Collect funds through Online Banking and settle in local currencies, major global currencies, or stablecoins through a unified settlement infrastructure.
Offer Online Banking through a fully branded payment experience while Echo Money powers the infrastructure behind the scenes.
Online Banking is a widely used payment method in Malaysia that enables consumers and businesses to move money securely through local payment infrastructure.
Connect to Online Banking through Echo Money and give customers a payment experience they already know and trust.
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