In 2023, Malaysia's per capita electronic payment transactions amounted to more than ******* Malaysian ringgit. This showed a slight decrease compared to the transactions value per capita in 2022, which was the highest recorded value at around ******* Malaysian ringgit.

Malaysia Electronic Payments: Systems: Value: RENTAS data was reported at 53,749.930 MYR bn in 2017. This records an increase from the previous number of 51,538.775 MYR bn for 2016. Malaysia Electronic Payments: Systems: Value: RENTAS data is updated yearly, averaging 46,169.418 MYR bn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 53,749.930 MYR bn in 2017 and a record low of 19,314.637 MYR bn in 2005. Malaysia Electronic Payments: Systems: Value: RENTAS data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA061: Payment System Statistics: Annual.

Malaysia Electronic Payments: Instruments: Value: E-money data was reported at 0.927 MYR bn in May 2018. This records an increase from the previous number of 0.915 MYR bn for Apr 2018. Malaysia Electronic Payments: Instruments: Value: E-money data is updated monthly, averaging 0.308 MYR bn from Jan 2008 (Median) to May 2018, with 125 observations. The data reached an all-time high of 0.927 MYR bn in May 2018 and a record low of 0.118 MYR bn in Jan 2008. Malaysia Electronic Payments: Instruments: Value: E-money data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA060: Payment System Statisitcs.

Malaysia Electronic Payments: Channels: Volume: ATM: Transactions data was reported at 71.574 Unit mn in 2017. This records an increase from the previous number of 71.293 Unit mn for 2016. Malaysia Electronic Payments: Channels: Volume: ATM: Transactions data is updated yearly, averaging 42.091 Unit mn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 71.574 Unit mn in 2017 and a record low of 1.775 Unit mn in 2006. Malaysia Electronic Payments: Channels: Volume: ATM: Transactions data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA061: Payment System Statistics: Annual.

Malaysia Electronic Payments: Channels: Value: Mobile Banking data was reported at 48,348.663 MYR mn in 2017. This records an increase from the previous number of 33,160.791 MYR mn for 2016. Malaysia Electronic Payments: Channels: Value: Mobile Banking data is updated yearly, averaging 852.126 MYR mn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 48,348.663 MYR mn in 2017 and a record low of 4.455 MYR mn in 2005. Malaysia Electronic Payments: Channels: Value: Mobile Banking data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA061: Payment System Statistics: Annual.

According to a survey by Rakuten Insight on e-payment usage in October 2022, about ** percent of respondents in Malaysia aged between 16 to 24 years indicated that they used Touch 'n Go for e-payment transactions. In the same survey, ** percent of respondents had made a transaction using e-payment methods.

Malaysia Electronic Payments: Instruments: Value: Debit card data was reported at 29.772 MYR bn in 2017. This records an increase from the previous number of 22.565 MYR bn for 2016. Malaysia Electronic Payments: Instruments: Value: Debit card data is updated yearly, averaging 6.256 MYR bn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 29.772 MYR bn in 2017 and a record low of 0.261 MYR bn in 2005. Malaysia Electronic Payments: Instruments: Value: Debit card data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA061: Payment System Statistics: Annual.

According to a survey conducted by Rakuten Insight on e-payment usage in October 2022, around ** percent of e-payment users in Malaysia indicated that they had used Touch 'n Go for e-payment transactions. GrabPay and Boost were also popular with Malaysian users, with ** and ** percent of respondents respectively saying they had used these digital payment providers. In the same year, the Touch n’ Go had the highest brand awareness compared to other e-wallet providers in Malaysia in 2021. Increasing number of competitors With cashless transactions starting to become more popular across Malaysia, consumers now have a wider selection of digital payment service options to choose from. In January 2023, the Malaysian government said that there was the possibility of other e-payment methods being accepted on toll roads and expressways. This could spur more growth in the e-payment sector, with the

Electronic payments used to make payments (% age 15+) in Malaysia was reported at 65.51 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Electronic payments used to make payments (% age 15+) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

According to a survey by Rakuten Insight on e-payment usage in October 2022, the majority of e-payment users in Malaysia indicated convenience as the leading reason for making e-payment transactions. In the same survey, ** percent of respondents had made a transaction using e-payment methods.

Malaysia Electronic Payments: Channels: Value: ATM: Transactions data was reported at 67,384.743 MYR mn in 2017. This records an increase from the previous number of 65,272.641 MYR mn for 2016. Malaysia Electronic Payments: Channels: Value: ATM: Transactions data is updated yearly, averaging 37,052.082 MYR mn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 67,384.743 MYR mn in 2017 and a record low of 2,146.243 MYR mn in 2006. Malaysia Electronic Payments: Channels: Value: ATM: Transactions data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA061: Payment System Statistics: Annual.

Malaysia Electronic Payments: Channels: Volume: Internet Banking data was reported at 743.459 Unit mn in 2017. This records an increase from the previous number of 588.966 Unit mn for 2016. Malaysia Electronic Payments: Channels: Volume: Internet Banking data is updated yearly, averaging 198.402 Unit mn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 743.459 Unit mn in 2017 and a record low of 21.566 Unit mn in 2005. Malaysia Electronic Payments: Channels: Volume: Internet Banking data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA061: Payment System Statistics: Annual.

In 2024, the e-money was the digital payment method with the largest transaction volume in Malaysia, with more than **** billion transactions. By comparison, mobile banking had a transaction volume of around **** billion.

Malaysia Electronic Payments: Systems: Volume: FPX and Direct Debit data was reported at 36,154.215 Unit th in 2017. This records an increase from the previous number of 10,638.001 Unit th for 2016. Malaysia Electronic Payments: Systems: Volume: FPX and Direct Debit data is updated yearly, averaging 1,454.087 Unit th from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 36,154.215 Unit th in 2017 and a record low of 0.597 Unit th in 2005. Malaysia Electronic Payments: Systems: Volume: FPX and Direct Debit data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA061: Payment System Statistics: Annual.

Malaysia Electronic Payments: Channels: Volume: Internet Banking: Corporate data was reported at 188.844 Unit mn in 2017. This records an increase from the previous number of 153.613 Unit mn for 2016. Malaysia Electronic Payments: Channels: Volume: Internet Banking: Corporate data is updated yearly, averaging 57.108 Unit mn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 188.844 Unit mn in 2017 and a record low of 2.983 Unit mn in 2005. Malaysia Electronic Payments: Channels: Volume: Internet Banking: Corporate data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA061: Payment System Statistics: Annual.

Malaysia Electronic Payments: Channels: Volume: ATM: Withdrawals data was reported at 62.676 Unit mn in May 2018. This records a decrease from the previous number of 63.282 Unit mn for Apr 2018. Malaysia Electronic Payments: Channels: Volume: ATM: Withdrawals data is updated monthly, averaging 50.804 Unit mn from Jan 2008 (Median) to May 2018, with 125 observations. The data reached an all-time high of 67.631 Unit mn in Apr 2016 and a record low of 34.500 Unit mn in Feb 2008. Malaysia Electronic Payments: Channels: Volume: ATM: Withdrawals data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA060: Payment System Statisitcs.

Malaysia Electronic Payments: Systems: Value: FPX and Direct Debit data was reported at 60.868 MYR bn in 2017. This records an increase from the previous number of 40.040 MYR bn for 2016. Malaysia Electronic Payments: Systems: Value: FPX and Direct Debit data is updated yearly, averaging 9.070 MYR bn from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 60.868 MYR bn in 2017 and a record low of 0.455 MYR bn in 2007. Malaysia Electronic Payments: Systems: Value: FPX and Direct Debit data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA061: Payment System Statistics: Annual.

Malaysia Electronic Payments: Instruments: Volume: E-money data was reported at 1,861.686 Unit mn in 2017. This records an increase from the previous number of 1,663.225 Unit mn for 2016. Malaysia Electronic Payments: Instruments: Volume: E-money data is updated yearly, averaging 803.848 Unit mn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 1,861.686 Unit mn in 2017 and a record low of 365.632 Unit mn in 2005. Malaysia Electronic Payments: Instruments: Volume: E-money data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA061: Payment System Statistics: Annual.

According to a survey by Rakuten Insight on e-payment usage in October 2022, about ** percent of Malaysian respondents stated that they have made a transaction using e-payment methods, while *** percent of the respondents have not. In the same survey, the majority of e-payment users indicated convenience as a leading reason for making e-payment transactions.

Malaysia Electronic Payments: Channels: Value: ATM: Withdrawals data was reported at 396,956.693 MYR mn in 2017. This records an increase from the previous number of 389,485.270 MYR mn for 2016. Malaysia Electronic Payments: Channels: Value: ATM: Withdrawals data is updated yearly, averaging 279,484.700 MYR mn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 396,956.693 MYR mn in 2017 and a record low of 123,430.000 MYR mn in 2005. Malaysia Electronic Payments: Channels: Value: ATM: Withdrawals data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KA061: Payment System Statistics: Annual.