Settlement schedule by payment method
Updated a week ago
Different payment methods have different settlement timings. This article breaks down when you receive payouts for each payment method Billplz supports.
Settlement schedule table
Payment method | Settlement timing | Notes |
|---|---|---|
FPX (Online Banking) | Next business day | Applies to both B2C and B2B transactions |
DuitNow QR | Next day | Includes weekends and holidays |
Card payments | T+2 business days | Two business days after collection |
E-wallets | Next day | Boost, GrabPay, Touch 'n Go, ShopeePay |
Instalment (PayLater, Atome) | Wednesday & Friday | Twice weekly payout schedule |
Key:
- Next business day = T+1 (one business day after collection)
- T+2 = Two business days after collection
- Real-time = Immediate settlement upon transaction completion
General payout rules
Regardless of payment method, these rules apply to all payouts:
- Minimum payout: MYR 1.00
- Processing window: Anytime between 00:00–23:59 on the payout day
- Public holidays: If the payout day falls on a public holiday, the payout is processed on the next business day
- Weekend collections: Friday, Saturday, and Sunday collections are grouped and paid out on Monday (except e-wallets and DuitNow QR, which settle next calendar day including weekends and holidays)
- Bank transfer timing: After Billplz processes the payout, your bank takes an additional 1–2 business days (MEPS-IBG) to credit your account
All times are in UTC+08:00 (Kuala Lumpur timezone).
Payment method details
FPX payments
FPX payments (both B2C and B2B) settle on the next business day following the standard Billplz payout schedule.
DuitNow QR payments
DuitNow QR payments settle on the next calendar day, including weekends and public holidays. The payout is processed by RHB, not by Billplz directly.
Card payments
Card payments (Visa, Mastercard) settle on T+2 business days — two business days after the collection day.
Card payments have a longer settlement period than FPX due to:
- Chargeback risk management
- Card network processing requirements
- Additional fraud protection measures
E-wallet payments
E-wallet payments (Boost, GrabPay, Touch 'n Go, ShopeePay) settle on the next day — faster than the standard next business day schedule.
All e-wallet providers supported by Billplz follow the same settlement timing.
Instalment payments
Instalment payments (Grab PayLater, Atome) settle twice weekly on Wednesdays and Fridays.
This differs from other payment methods because:
- Instalments involve split payment schedules
- Settlement is grouped by day of week rather than daily processing
- Both Grab PayLater and Atome follow the same payout schedule
Common issues
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