Senangpay vs Billplz: Which payment gateway should you choose?

Nov 6, 2025
5 min
Key takeaways
- SenangPay offers quick setup and broad payment method coverage, ideal for early-stage businesses and social sellers.
- Billplz provides scalable infrastructure with full API access, multi-channel support, and transparent pricing, making it better suited for growth.
- Billplz’s basic plan has no setup or annual fee, and offers lower flat FPX transaction rates starting from RM0.70.
- SenangPay has a minimum settlement amount and higher transaction-based fees, especially for cards and BNPL.
- Both platforms support major Malaysian payment methods, including FPX, cards, e-wallets, and BNPL options.
- Billplz supports more advanced features like webhooks, split payments, and integration with Shopify/WooCommerce — useful for teams ready to automate.
Introduction
Payment gateways are essential for Malaysian businesses of all sizes, including SMEs, NGOs, and online stores. They provide a secure, convenient way to accept digital payments, especially as Malaysia shifts toward cashless transactions.
Two popular local options are SenangPay and Billplz. Both support key local payment methods and serve a wide range of business types. However, they differ in their pricing models, scalability, and integration options.
This guide compares their features, fees, use cases, and support for growing businesses, helping you decide which fits your current needs and long-term plans.
Overview of both platforms
What is SenangPay?
SenangPay is a Malaysian payment gateway designed for small businesses. It supports FPX, cards, e-wallets, and BNPL options. Known for its quick setup, it works well for social sellers, startups, and micro-enterprises.
What is Billplz?
Billplz is a payment platform built for Malaysian businesses at different growth stages. It offers features such as invoice-to-payment links, FPX support, API integrations, and a free basic plan.
Its strength lies in transparent pricing and channel flexibility, supporting both current needs and future growth.
Key comparison table: SenangPay vs Billplz
| Feature | SenangPay | Billplz |
| Target users | Startups, micro-businesses, social sellers | Startups, SMEs, growing businesses |
| Payment methods | FPX, cards, e-wallets, BNPL | FPX, cards, e-wallets, DuitNow QR, BNPL |
| Pricing/fees | Annual fee from RM299; transaction fees vary by method | Basic plan has no setup or annual fee; flat FPX fee from RM0.70 |
| Settlement / payout time | FPX: Next business day; others: twice weekly | FPX: Next business day; some real-time payouts available |
| Features & integrations | Recurring payments, plugins, and basic analytics | API, team dashboard, split payments, recurring payments, webhooks |
| Scalability/growth | Enterprise plans available | Designed for scale with real-time FPX and SME features |
| Support & ecosystem | 24/7 customer support | Full support across plans, ecosystem for growing businesses |
Fees and pricing
SenangPay’s pricing starts from RM299 annually. FPX transactions are charged at RM1.00 or 1.5%, whichever is higher. Card fees are RM0.65 or 2.5%, and BNPL transactions average around 5.5%. The minimum settlement amount is RM100.
Billplz offers a basic plan with no setup or annual fees. FPX transactions are charged a flat rate, ranging from RM0.70 to RM1.10 per transaction. Card and e-wallet transactions are processed through partners, typically at 1.0% to 1.1%.
The Standard plan is available at RM999 per year (excluding SST), with a low withdrawal minimum of RM0.01.
Read more on Billplz pricing here!
Payment methods
SenangPay supports FPX, cards, and a broad range of e-wallets, including Touch ’n Go, Boost, GrabPay, and ShopeePay. It also offers access to multiple BNPL providers, giving businesses flexibility in how they accept payments.
Billplz also covers a similarly comprehensive set of payment methods. This includes FPX, DuitNow QR, e-wallets, BNPL options, and card payments.
These methods work across various channels like online stores, invoices, and payment links, so businesses can manage transactions in one place with less manual work.
Features and integrations
SenangPay focuses on simplicity. It supports recurring billing, standard eCommerce plugins, and one-click payment links, which are especially useful for social sellers and micro-businesses.
Billplz is built for scale. It offers a wider suite of tools, including API access, webhooks, multi-user dashboards, and support for split payments.
Businesses can also integrate Billplz with Shopify, WooCommerce, or custom platforms, allowing more automation and control as operations grow.
Read more about Billplz integrations here!
Reliability, scalability, and support
SenangPay settles FPX payments by the next business day. Cards and other methods typically settle twice a week. This setup suits businesses with predictable, lower-volume transactions.
Billplz also settles FPX payments by the next business day, with real-time payout options available for enterprise users. Its platform is built to support high-volume FPX flows and maintains a strong uptime record.
For businesses expecting to grow, Billplz provides a stable, scalable infrastructure with room to evolve.
Which payment gateway is better for small businesses in Malaysia: SenangPay or Billplz?

Choose SenangPay if:
- You run a small business, side hustle, or are just starting out.
- You prefer a simple setup with essential features.
- You mostly sell through social channels or have lower transaction volume.
Choose Billplz if:
- You are a small business planning to scale or need better cash flow visibility.
- You require more flexibility with payment channels and integrations.
- You want infrastructure that supports growth without adding cost complexity.
While both platforms serve small businesses well, Billplz may be the more future-ready choice for teams planning to scale.
How does Billplz support your growth?
Billplz helps businesses scale by offering clear, flat-fee pricing and tools that grow with your operations. You can get started quickly with FPX and local payment methods.
As your business expands, you gain access to APIs, dashboard management, and plugin integrations with Shopify, WooCommerce, and more.
Features like multi-user access, recurring billing, and real-time FPX payouts help streamline workflows and improve operational efficiency. Whether you’re handling 50 or 5,000 transactions monthly, Billplz is structured to grow with you without adding unnecessary costs.
Also read: FPX payment for business: How it works, guides & our solutions
FAQ
Does SenangPay require SSM registration to sign up?
Yes. SSM registration is generally required to activate a SenangPay merchant account.
Which payment methods does Billplz support?
Billplz supports FPX, DuitNow, DuitNow QR, e-wallets (TNG, GrabPay, Boost), cards, and BNPL integrations.
Can SenangPay integrate with WooCommerce or Shopify?
Yes, SenangPay provides plugins for both WooCommerce and Shopify.
Can Billplz integrate with Shopify and WooCommerce Malaysia?
Yes. Billplz provides both plugin and API options for Shopify, WooCommerce, and custom setups.
Which payment gateway has faster settlement for Malaysian merchants: SenangPay or Billplz?
Both offer next business day FPX settlement, but Billplz supports real-time payouts for enterprise merchants.
Which payment gateway is better for growing an eCommerce business in Malaysia?
Billplz is more suitable for growing eCommerce businesses due to its API integrations, dashboard features, and scalable plans.
What are the hidden fees, if any?
Billplz has no setup or annual fees in its basic plan. SenangPay includes annual fees and minimum settlement requirements depending on the package.
Is Billplz suitable for NGOs/micro‑businesses?
Yes. Billplz offers a free basic plan with low per-transaction costs, making it suitable for NGOs, community groups, and small teams.
Conclusion
Both Billplz and SenangPay are viable payment gateways for businesses in Malaysia.
SenangPay is ideal for small or early-stage businesses that need something simple and ready to go.
Billplz, on the other hand, is a strong choice for businesses planning to scale, offering better control, integration flexibility, and transparent pricing.
Choosing the right gateway depends on your current stage and future plans. For businesses ready to grow with greater control and automation, Billplz provides a reliable path forward.
Explore how Billplz supports Malaysian SMEs at every stage of growth.
Start with Billplz to give your business a trusted, scalable payment backbone designed for the future. New merchants receive MYR 25.00 in starter credit with code GROWTHPRO (valid until 31 December 2025).
For more information about Billplz, read: