What is FPX ?
FPX (Financial Process Exchange) is a payment gateway that allows you to make real time online payments using your current or savings account. All you need is an Internet banking account with any of FPX participating banks.
How to use FPX?
Please follow these simple steps:
1. Please ensure your pop-up blocker is disabled.
2. Select FPX as your payment option at your selected merchant website.
3. Select your preferred bank and you will be directed to the Internet banking log-in page.
4. Once the transaction is successful, you will receive separate notifications from the merchant, your bank and FPX.
How will FPX benefit to customers?
With the introduction of FPX, customers can make payments at anytime, anywhere via direct debiting the customer’s current or savings account.
The customer also can reach to wider merchants base since merchants can now accept all customers who subscribe to any local Internet banking services with any bank.
What are the participating banks for FPX?
- Affin Bank (B2B Model Only)
- Bank Islam
- CIMB Bank (CIMB Clicks & CIMB Biz Channel)
- Hong Leong Bank
- Maybank (M2U & M2E)
- Public Bank
- RHB Bank
No registration is required with FPX. You may however, need to have an Internet Banking account and may also need to register with the merchant, depending on the merchant’s requirement.
You must have an Internet banking facility with your bank.
It will depend on your Internet banking subscription terms and conditions as well as your merchant’s Internet payment services terms and conditions.
The merchant’s website will display the FPX logo.
FPX service is available from 1:00am to 12:00am daily, seven days a week, 365 days a year. However, FPX service is also dependent on the participating banks’ Internet banking service availability.
Yes, the limit is determined by either your bank or the merchant.
For individual banking account, maximum amount is limited to RM 30,000.00 per transaction
For corporate banking account, maximum amount is limited to RM 1,000,000.00 per transaction.
However, the above limit is subject to your Internet banking transaction limit, whichever is lower.
For corporate banking account, maximum amount is limited to RM 1,000,000.00 per transaction.
However, the above limit is subject to your Internet banking transaction limit, whichever is lower.
find more at : http://www.myclear.org.my/faqs/fpx-faqs/