OCTIS vs Stripe, Billplz, Curlec, HitPay and iPay88: best payment gateway for a Malaysian business
Published fees for FPX, cards and DuitNow, and who each gateway suits.
Last checked · 6 sources
Otty's short answer
On published rates, HitPay has the lowest card and DuitNow fees (1.2%), and Billplz and Curlec have the lowest FPX fees. Stripe is dearer per local payment but strong for subscriptions and global cards. iPay88 publishes no rates and quotes by volume. Pick by your payment mix: FPX-heavy, card-heavy, or recurring.
Side by side
Swipe to see every column
| What matters | OCTISSdn Bhd + OCTIS | Stripe | Billplz | Razorpay Curlec | HitPay | iPay88 (NTT DATA Payment) |
|---|---|---|---|---|---|---|
| Setup fee | Set by our licensed partner; quoted before you commit | RM0 | RM0 Basic | RM0 Basic, RM999 Premium | RM0 | Quote-based |
| Monthly fee | Set by our licensed partner; quoted before you commit | RM0 | RM0 Basic | RM0 | RM0 | Quote-based |
| FPX | Included, via licensed partners; rates set from your current bill | 3% + RM1.00 | RM1.25 flat (B2C) | 1.50% or RM1 min | 1.8% + RM0.40 | Quote-based |
| Domestic cards | Included, via licensed partners | 3% + RM1.00 | 1.8% | 2.40% | 1.2% + RM1 | Quote-based |
| International cards | Included, via licensed partners | +1%, +2% FX | 3.8% | 3.30% | 3% + RM1, +2% FX | Quote-based |
| DuitNow | Included, via licensed partners | Not listed | 1.5% (QR) | 1.20% or RM0.30 min | 1.2% | Quote-based |
| Touch 'n Go / GrabPay | Included, via licensed partners | GrabPay 3% | 1.5% | 1.50% | TNG 1.9%, GrabPay 2% | Quote-based |
| Custom pricing from | Quote-based on your current bill | Contact sales | Enterprise, quote | Over RM1 million per month | Over RM50,000 per month | Always quote-based |
| Published BNM licence | Payments are collected and sent via licensed partners; OCTIS is not a bank | Not stated | Not stated | Not stated | Not stated | Not stated |
Data sources & disclaimer: Comparison data was compiled from publicly available sources — including the competitors' own published pricing and feature pages — captured on 9 November 2026. Figures reflect the typical or advertised pricing at that time and may have changed since; plans, inclusions and prices vary by provider, region and promotion. OCTIS is independent and not affiliated with the named companies; all trademarks belong to their respective owners. This comparison is provided in good faith for general information only and is not professional, legal or financial advice — please verify current details with each provider before deciding.
Which one fits you
OCTIS · Sdn Bhd + OCTIS
Choose OCTIS if you want collecting and sending payments, a multi-currency business account and your bookkeeping arranged together, via licensed partners.
Stripe
Choose Stripe if you run SaaS or global sales and want developer tools and subscriptions.
Billplz
Choose Billplz if most customers pay by FPX and you want a flat low fee and next-day payout.
Razorpay Curlec
Choose Curlec if you bill recurring customers and are ready to pay the Premium setup for lower rates.
HitPay
Choose HitPay if you sell online and in person and want the lowest published card and DuitNow rate.
iPay88 (NTT DATA Payment)
Choose iPay88 if you have large volume and want a negotiated rate and many payment methods.
What the table does not show
Match the gateway to your payment mix
A RM100 FPX payment costs RM1.25 at Billplz, about RM1.50 at Curlec Basic, RM2.20 at HitPay and RM4.00 at Stripe. A RM100 domestic card payment costs RM2.20 at HitPay, RM2.40 at Curlec Basic and RM4.00 at Stripe. The right pick depends on whether your customers use FPX, cards or wallets.
What is not published
iPay88 is now part of NTT DATA Payment Services and its page lists payment methods but no rates or settlement times. Toyyibpay says its fees sit on a pricing page we could not load, and describes daily settlement. Curlec does not list e-mandate or settlement fees. Treat these as quote-based and ask for a written schedule.
Taxes and licensing
Curlec's page says tax applies on its rates. Check whether each rate includes tax. None of the pricing pages we read states a Bank Negara licence, so ask for licence status in writing. Money held by a gateway is not a PIDM-insured bank deposit.
Where OCTIS fits
Gateway fees, refunds and payout timing all land in your books. OCTIS bookkeeping matches payouts to bank deposits and sales so fees are booked correctly before tax filing, and the built-in CRM can hold customer and invoice records. OCTIS is not a payment gateway and has no partnership with any gateway named here. Ask about 10–30% off your current bill.
Frequently asked questions
Which payment gateway is cheapest in Malaysia?
It depends on the method. Billplz has RM1.25 flat for B2C FPX, HitPay has 1.2% for cards plus RM1 and DuitNow, and Curlec has 1.5% or RM1 for FPX. Stripe is dearer for local payments.
Is Toyyibpay a good option?
Toyyibpay says it serves businesses, government agencies and NGOs and settles daily. Its fees were not visible on the pages we could load, so get its schedule before comparing.
Which gateway supports recurring payments?
Billplz offers Auto-Deduct at 2.3% + RM1.25, Curlec has a subscriptions product, Stripe supports card subscriptions, and iPay88 lists recurring payments. Check fees for e-mandate direct debit.
How fast will I be paid?
HitPay lists FPX and cards from T+1 business day and DuitNow and e-wallets at T+2. Billplz lists FPX next business day and cards at T+2. Stripe lets you set the schedule.
Sources
Checked on the date above. Links open the provider's or regulator's own page.