Malaysian Ringgit

ShopeePay is the in-app and online wallet of the Shopee marketplace, among the most-used wallets across Southeast Asia. Operator: Shopee / Sea Limited. Est. users: Tens of millions across SEA (2025).

SPayLater is Shopee's embedded buy-now-pay-later option at checkout, the leading BNPL by users in Malaysia and large in Indonesia. Operator: Shopee / Sea Limited. Est. users: Largest BNPL share in MY (56.5%, 2025).

Boost is a leading Malaysian e-wallet by Axiata, regulated by Bank Negara Malaysia and used at online and in-store checkout. Operator: Boost Holdings (Axiata). Est. users: Several million users (2025).

DuitNow is Malaysia's national real-time transfer and QR scheme operated by PayNet under Bank Negara Malaysia. Operator: PayNet (Payments Network Malaysia). Est. users: Tens of millions of users (2025).

FPX is Malaysia's bank-to-bank online payment scheme run by PayNet, a dominant e-commerce checkout option via internet banking. Operator: PayNet (Payments Network Malaysia). Est. users: Tens of millions of users (2025).

Setel is Petronas' mobile payments app in Malaysia, used for fuel and online/in-store purchases under Bank Negara Malaysia. Operator: Setel Ventures Sdn Bhd (Petronas). Est. users: Several million users (2024).

Touch 'n Go eWallet is Malaysia's most widely accepted e-wallet, a TNG-Ant Group venture under Bank Negara Malaysia. Operator: TNG Digital Sdn Bhd (TNG Group / Ant Group). Est. users: Tens of millions of users (2025).

MAE by Maybank is a popular Malaysian e-wallet and mobile banking app used for online checkout, DuitNow QR and transfers. Operator: Maybank (Malayan Banking Berhad). Est. users: Several million users (2025).

GrabPay is the super-app wallet of Grab, used for online and in-app checkout across the Philippines, Malaysia and Singapore. Operator: Grab Holdings (GPay Network). Est. users: Several million users across SEA (2025).

BigPay is a Malaysian e-wallet and prepaid card from the AirAsia/Capital A group, used for online payments and remittances. Operator: BigPay Malaysia Sdn Bhd (Capital A). Est. users: Several million users (2024).

Maybank is Malaysia's largest bank and one of Southeast Asia's top financial groups, with a strong ASEAN franchise offering retail, SME, corporate, and Islamic banking.

OCBC Bank is Singapore's second-largest bank, offering retail, commercial, investment, and Islamic banking through Bank OCBC Al-Amin in Malaysia.

Al Rajhi Bank is the world's largest Islamic bank by assets and Saudi Arabia's second-largest bank, offering Shariah-compliant retail, corporate, and investment banking.

UOB is Singapore's third-largest bank with a strong pan-Asian network covering ASEAN markets, offering retail, SME, and corporate banking.

CIMB Bank is Malaysia's second-largest bank and a leading regional bank across ASEAN, offering retail, SME, corporate, and Islamic banking.

Public Bank Berhad is Malaysia's third-largest bank, known for its consistent profitability, retail lending, and SME banking.

RHB Bank is Malaysia's fourth-largest bank, offering retail, SME, and corporate banking with a growing regional presence.

Aggregate of remaining banks in Malaysia, collectively ~28.0% of domestic banking assets.