Billplz
Billplz is a Malaysian payment gateway, founded in 2015 and based in Kuala Lumpur, that enables businesses to accept and disburse payments across FPX, e-wallets, cards, DuitNow, and BNPL via REST API and pre-built plugins.
- Company typePrivate
- Founded2015
- HeadquartersKuala Lumpur, Malaysia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Billplz does
Billplz Sdn Bhd, founded in 2015 and headquartered in Kuala Lumpur, is a Malaysian payment gateway provider that enables businesses to accept and disburse payments through a single integrated platform. The company serves a hybrid customer base spanning Malaysian small and medium businesses (long-tail), enterprises, government agencies, service providers, and Islamic finance organizations. It supports the full Malaysian payment rail set: FPX bank transfers (Maybank, CIMB and other participating banks), DuitNow, e-wallets (GrabPay, ShopeePay, Touch 'n Go), card networks (Visa, Mastercard, American Express), and Atome buy-now-pay-later. As of 2021 the company reported 60,000+ registered merchants, 32M+ transactions processed, MYR 6B in total payment volume, and 99.999% historical uptime. Nazroof Hakim is identified as CEO and founder.
The platform's core products are Collection (bill creation and payment acceptance) and Payment Order (bulk fund disbursement, API-only), supplemented by Catalog Payment Form (no-code branded payment links), Catalog Store (online storefront with inventory management and product categories), and a specialized Zakat service offering cashback of up to 0.5%. The technology stack is built on a REST API with webhook-driven real-time status notifications, a sandbox environment at billplz-sandbox.com, and pre-built plugins for major e-commerce platforms. Features such as split payments, multi-business account management under one roof, and team access controls indicate the platform is engineered to serve complex multi-entity merchants alongside simpler SMB use cases. Billplz holds PCI DSS compliance, ISO 27018:2019 certification, and PayNet System Integrator status, which grants direct access to Malaysian national payment infrastructure including FPX and DuitNow.
Revenue is generated from two streams: per-transaction fees (from MYR 0.75 per FPX transaction) layered onto tiered subscriptions — Basic (free), Standard (MYR 999/year), and Enterprise (custom pricing). Distribution combines an API-first, product-led self-serve motion (free Basic sign-up, sandbox, documentation, GitHub) with a direct enterprise sales motion for larger accounts. Developer enablement is a deliberate GTM pillar, supported by the Billplz Dev Jam community on Facebook, GitHub repositories, and a YouTube tutorial channel. Named customers span government (PDRM, PTPTN, Lembaga Zakat Selangor), major domestic enterprise (Perodua, Farm Fresh, Pandora), fintech/e-wallet (Boost), and Islamic finance (Wahed), alongside an undisclosed long tail of SMB merchants. The company remains privately held, with founder-led ownership and no disclosed institutional investors beyond an early 500 Global investment round in 2018.
Billplz firmographics
Firmographics- Name
- Billplz
- Legal name
- Billplz Sdn Bhd
- Website
- https://billplz.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Billplz is a Malaysian payment gateway, founded in 2015 and based in Kuala Lumpur, that enables businesses to accept and disburse payments across FPX, e-wallets, cards, DuitNow, and BNPL via REST API and pre-built plugins.
- Ownership category
- akta.pro rank
Billplz industry classification
Industry- Product category
- Payment Gateway
- NAICS
- Sales Financing (522220)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Bank Bill Pay (Consumer & Small Business) (FSAMAJAC)
- akta.pro secondary industry
- Alternative Payment Methods (APMs) Enablement (BNPL, wallets, local methods) (FSAMACAE)
Keywords
Where Billplz is headquartered
LocationHeadquarters
- HQ city
- Kuala Lumpur
- HQ country
- Malaysia
- HQ region
- Asia
Markets served
Billplz business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Transaction Fees: Per-transaction fees starting from MYR 0.75 for FPX payments. This is the primary revenue stream based on payment volume processed through the platform.
- Subscription Plans: Tiered subscription model with Basic (free), Standard (MYR 999/year), and Enterprise (custom pricing) plans. Subscriptions provide access to advanced features and reduced processing fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Annual | Basic - Free tier for new organizations |
| Subscription | Annual | Standard - For growing organizations |
| Subscription | Annual | Enterprise - Customized for organizations at scale |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Billplz product offering
Product offeringCore offering
Billplz is a Malaysian payment gateway that enables businesses to accept payments and disburse funds through a unified platform. It integrates FPX bank transfers, e-wallets (GrabPay, ShopeePay, Touch 'n Go), cards (Visa, Mastercard, American Express), and installment options (Atome), with core products including Collection for payment acceptance, Payment Order for bulk disbursements, and Catalog Payment Form and Catalog Store for e-commerce.
Product overview
Billplz is a payment gateway platform for Malaysian businesses offering a unified suite of payment products. The core platform consists of Collection (payment acceptance via bills) and Payment Order (fund disbursement), supplemented by e-commerce tools including Catalog Payment Form (no-code payment links) and Catalog Store (full online storefront with inventory management). A specialized Zakat service handles Islamic charitable payments with cashback features. The platform integrates multiple payment methods (FPX, wallets, cards, instalments) and provides REST API, pre-built plugins, and sandbox testing environment for developer integration.
Differentiator
Problem solved
Functional benefit
Brands
- Catalog: E-commerce platform offering Catalog Payment Form (branded payment forms for service providers, fundraising, and events) and Catalog Store (online storefront with inventory management and checkout)
- Pass
- Bayar Zakat
Products and services
- Collection Core payment acceptance feature allowing businesses to create bills, collect payments via FPX, e-wallets, cards and installments, and track receipts from a dashboard or via API and plugins.
- Payment Order Fund disbursement feature enabling businesses to send payments to customers, agents, or part-timers in bulk. Available only through Billplz's API.
- Catalog Payment Form Pre-built branded payment form for service providers, fundraising, and event registration, enabling payment forms to be created in minutes without requiring a website.
- Catalog Store Online storefront solution with inventory management, product categories, and seamless checkout experience, integrated with Billplz payment processing.
- Zakat (Bayar Zakat) Specialized zakat (Islamic almsgiving) payment service offering cashback incentives of up to 0.5% for users paying zakat through Billplz.
Quantifiable outcome
- Process transactions from 60,000+ registered merchants
- +2 more outcomes
Companies that use Billplz
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
Billplz technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Billplz partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- PayNet (Payments Network Malaysia)coreBillplz is a certified PayNet System Integrator, enabling integration with Malaysian payment infrastructure including FPX bank transfers and DuitNow payment services.
- FPX Banks (Maybank, CIMB)corePartnership with major Malaysian banks including Maybank and CIMB for FPX bank transfer processing, allowing customers to pay directly from their bank accounts.
- E-wallet Partners (GrabPay, ShopeePay, Touch 'n Go eWallet)coreIntegration with major Malaysian e-wallets including GrabPay, ShopeePay, and Touch 'n Go eWallet for diverse payment acceptance.
- Card Networks (Visa, Mastercard, American Express)corePartnership with international card networks enabling acceptance of Visa, Mastercard, and American Express payments.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Billplz competitors and assessment
Company assessmentBroad incumbents
- PayPal: PayPal offers online checkout, wallet, and cross-border payment acceptance globally. It overlaps with Billplz for merchants serving international buyers, and PayPal's Pay Later products compete with Billplz's Atome BNPL integration.
- Stripe: Stripe is a global payment platform with strong API and developer credentials, increasingly serving Southeast Asian merchants. It competes with Billplz at the upper end of the Malaysian market and among cross-border merchants, though Billplz retains advantage on local FPX/wallet depth.
- Adyen: Adyen is a global payments platform serving enterprise merchants with unified online and in-person acceptance. It is a competitor for the large Malaysian enterprise accounts that Billplz serves, where a single global platform with multi-country reach can displace local gateways.
- Checkout.com: Checkout.com is a global payment processor serving enterprise merchants with optimized authorization and APM coverage. It competes with Billplz for Malaysian enterprise accounts and offers an alternative for merchants consolidating payment providers across markets.
Direct peers
- iPay88: iPay88 is one of Malaysia's longest-standing payment gateways, accepting FPX, cards, and wallets for online merchants. It competes with Billplz head-to-head for Malaysian SMB and enterprise payment volume with a comparable direct sales + integration model.
- Razer Merchant Services (RMS): Razer Merchant Services provides online and offline payment acceptance across Southeast Asia with strong Malaysian FPX and e-wallet coverage. Direct overlap with Billplz on Malaysian merchant acquiring, e-commerce plugins, and enterprise solutions.
- 2C2P (Ant Group): 2C2P is a Southeast Asia-focused payment processor serving merchants and enterprises with multi-method acceptance and disbursement. Comparable to Billplz on API-first acceptance, regional wallet coverage, and enterprise-grade orchestration, but with broader ASEAN reach.
- Fiuu (Revenue Monster): Fiuu is a Malaysian payment gateway offering online checkout, FPX, e-wallets, and card processing with developer-friendly APIs. It directly competes with Billplz for Malaysian SMB and mid-market merchants on pricing, integration, and method coverage.
- MOLPay: MOLPay is a Malaysian/Southeast Asian payment gateway offering FPX, card, and wallet acceptance with developer APIs and e-commerce plugins. A historical direct competitor to Billplz in the Malaysian SMB market with similar method coverage and pricing structure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Billplz social profiles
Digital presenceBillplz compliance and trust
Trust signalCompliance2 records
Billplz financial estimates
Financial estimateRevenue estimate
Valuation estimate
Billplz leadership team
Management profileNumber of profiles
Profiles1 record
Billplz funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Billplz M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Billplz
What does Billplz do?
Billplz is a Malaysian payment gateway that enables businesses to accept payments and disburse funds through a unified platform. It integrates FPX bank transfers, e-wallets (GrabPay, ShopeePay, Touch 'n Go), cards (Visa, Mastercard, American Express), and installment options (Atome), with core products including Collection for payment acceptance, Payment Order for bulk disbursements, and Catalog Payment Form and Catalog Store for e-commerce.
Is Billplz a public or private company?
Billplz is a private company. It is classified as venture growth investor backed and is currently operating.
When was Billplz founded?
Billplz was founded in 2015. It employs 11 to 50 people.
Where is Billplz based?
Billplz is headquartered in Kuala Lumpur, Malaysia, in the Asia region.
How does Billplz make money?
Two revenue lines are on record. Transaction Fees are the primary driver. The others are subscription Plans.
Who are Billplz's main competitors?
Broad incumbents on record are PayPal, Stripe, Adyen and Checkout.com. Direct peers are iPay88, Razer Merchant Services (RMS), 2C2P (Ant Group), Fiuu (Revenue Monster) and MOLPay.
Does Billplz have an API?
Yes. REST APIs for custom integration with developer-friendly endpoints and predictable response patterns. Features include webhooks for real-time notifications, authentication mechanisms to protect integrations, and comprehensive documentation. A sandbox environment is available at billplz-sandbox.com for testing. Billplz Payment Order is only available through the API. Developer documentation is at www.billplz.com/api.
What industry is Billplz in?
Billplz's product category is Payment Gateway. Its primary akta.pro industry code is FSAMAJAC, Bank Bill Pay (Consumer & Small Business), with a secondary code of FSAMACAE, Alternative Payment Methods (APMs) Enablement (BNPL, wallets, local methods). Its NAICS code is 522220 and its SIC code is 6153.