![icons ipp](/wp-content/uploads/2023/08/icons-ipp-150x150.png)
0% Instalment Payment Plan
Spike up sales with credit & debit card instalment, no terminal required.
![ipp 01](/wp-content/uploads/2023/09/ipp-01-1024x615.png)
0% credit card instalment
In partnership with EZBeli. The first and only in Malaysia, up to 60 months instalment from 9 banks. No terminal needed, so you can close sales anywhere with simple payment links & QR codes.
![ipp 03](/wp-content/uploads/2023/09/ipp-03-1024x1024.png)
0% credit card instalment plan
Create an instalment payment link or QR code on our partner platform, Ezbeli, and let your customers pay by credit card installment via 9 major banks in Malaysia.
Suitable for SMEs as well as corporates
Why choose Payex instalment payment plan?
![icons ipp 08](/wp-content/uploads/2023/08/icons-ipp-08.png)
Furnitures
![website icon (5)](/wp-content/uploads/2024/08/website-icon-5.png)
Mobile Gadgets
![icons ipp 10](/wp-content/uploads/2023/08/icons-ipp-10.png)
Wedding Business
![icons ipp 11](/wp-content/uploads/2023/08/icons-ipp-11.png)
Online Business
![icons ipp 09](/wp-content/uploads/2023/08/icons-ipp-09.png)
Beauty & Skincare
![2](/wp-content/uploads/2024/08/2-1.png)
Healthcare
![website icon](/wp-content/uploads/2024/08/website-icon.png)
Fitness & Wellness
![icons subscription 03](/wp-content/uploads/2023/08/icons-subscription-03.png)
Education & Courses
![icons plugins](/wp-content/uploads/2023/08/icons-plugins.png)
Electronics & Appliances
![website icon (9)](/wp-content/uploads/2024/08/website-icon-9.png)
Funeral & Memorial Business
![icons ipp 01](/wp-content/uploads/2023/08/icons-ipp-01.png)
No terminal required
![icons ipp 02](/wp-content/uploads/2023/08/icons-ipp-02.png)
Partnered with 9 banks
![icons ipp 03](/wp-content/uploads/2023/08/icons-ipp-03.png)
Licensed by Bank Negara
Credit card instalment fees imposed by banks
6 mos | 12 mos | 18 mos | 24 mos | 36 mos | 48 mos | 60 mos | |
RHB | 4.00% | 5.00% | 7.50% | 8.00% | |||
AmBank | 4.00% | 4.50% | 7.00% | 8.00% | 8.50% | 9.00% | |
Public Bank | 5.00% | 6.00% | 7.00% | 7.50% | |||
OCBC Bank | 4.00% | 5.00% | 7.00% | 8.00% | |||
CIMB | 6.00% | 6.50% | 8.00% | 8.50% | 9.00% | 12.00% | |
UOB | 4.00% | 5.00% | 6.50% | 7.00% | |||
Maybank | 4.50% | 5.20% | 6.50% | 8.00% | 8.50% | ||
Affin Bank | 3.80% | 5.00% | 6.00% | 7.50% | |||
Hong Leong Bank | 5.00% | 5.50% | 6.50% | 8.00% |
Credit card instalment minimum eligible amount (RM)
6 mos | 12 mos | 18 mos | 24 mos | 36 mos | 48 mos | 60 mos | |
RHB | 500.00 | 1,000.00 | 1,500.00 | 2,000.00 | |||
AmBank | 500.00 | 1,000.00 | 1,500.00 | 2,000.00 | 2,500.00 | 3,000.00 | |
Public Bank | 500.00 | 500.00 | 500.00 | 500.00 | |||
OCBC Bank | 500.00 | 1,000.00 | 2,000.00 | 2,000.00 | |||
CIMB | 600.00 | 1,200.00 | 2,400.00 | 3,600.00 | 4,800.00 | 6,000.00 | |
UOB | 500.00 | 500.00 | 1,000.00 | 2,000.00 | |||
Maybank | 500.00 | 1,500.00 | 2,000.00 | 2,500.00 | 2,500.00 | ||
Affin Bank | 500.00 | 1,000.00 | 1,000.00 | 1,000.00 | |||
Hong Leong Bank | 500.00 | 1,000.00 | 1,000.00 | 2,000.00 |
Platform Fees for Credit Card Instalment Payment Plan
Instalment Tenures | Platform Fees |
6 months | from 3.8% |
12 months | from 4.5% |
18 months | from 6.5% |
24 months | from 6.0% |
36 months | from 7.0% |
48 months | from 8.5% |
60 months | from 9.0% |
Instalment Tenures | Platform Fees |
6 months | from 3.8% |
12 months | from 4.5% |
18 months | from 6.5% |
24 months | from 6.0% |
36 months | from 7.0% |
48 months | from 8.5% |
60 months | from 9.0% |
Frequently Asked Questions
No, you must have a company registered with Suruhanjaya Syarikat Malaysia (SSM) to register for a Payex account.
For example, for an item priced at RM41,000, with a 24-month instalment with Public Bank:
Instalment fees: RM41,000 x 7% = RM2,870
Settlement to merchant: RM41,000 – RM2,870 = RM38,130
Monthly charges by bank to your customer: RM41,000 / 24 months = RM1,708.33
The minimum eligible amount is RM500.
For small ticket size purchases, we are also partnered with PayLater by Grab, Atome and Riipay for 3-month instalment plans.
Customers pay via your payment link or by scanning your QR code.
UOB bank: 7 working days
All other banks: 3 working days
The seller bears the instalment fees.
Applications will be processed within 3 working days.
Click here to register for a Payex account.
If you have further questions, feel free to leave us a message on Facebook and we will respond to you soonest possible.
Debit card & Grab instalment
Need debit card instalment? Try our buy-now-pay-later plan.
![ipp 04](/wp-content/uploads/2023/09/ipp-04-1024x1024.png)
BNPL options offered by Payex
Instalment Tenures | Tenure | Max amount (RM) | Starter plan (transaction fees) | SME plan (transaction fees) |
via debit card | 3 months | 1,500.00 | 5.50% | 5.00% |
via credit card | 3 months | 5.000.00 | 5.50% | 5.00% |
3 months | 1,600.00 | 6.50% | 6.25% | |
(Instalment) | 4 months | 4.000.00 | 8.00% | 7.50% |
(Postpaid) | 1 month | 4.000.00 | 6.00% | 5.50% |
Instalment Tenures | Tenure | Max amount (RM) | Starter plan (transaction fees) | SME plan (transaction fees) |
via debit card | 3 months | 1,500.00 | 5.50% | 5.00% |
via credit card | 3 months | 5.000.00 | 5.50% | 5.00% |
3 months | 1,600.00 | 6.50% | 6.25% | |
(Instalment) | 4 months | 4.000.00 | 8.00% | 7.50% |
(Postpaid) | 1 month | 4.000.00 | 6.00% | 5.50% |
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Need automated deductions?
To explore instalment by auto-deducting customers’ bank account, see our subscription payment feature.
Kickstart your account for free
Sign up in just a few minutes and start accepting payments in a few days. No setup fee or other hanky panky hiding in the corner.
![icons subscription white](/wp-content/uploads/2023/08/icons-subscription-white.png)
Subscription Payment
Auto deduct from customers’ bank accounts or cards at whatever timeline suits you best. No more late payments and manual processes.
![icons payment link white](/wp-content/uploads/2023/08/icons-payment-link-white.png)
Payment Link & QR Code
Create your own payment link & QR code to collect payment from anywhere. Don’t be held back by a single platform — maximise your sales potential and reach as many customers as possible.