Get paid wherever you sell.
A card terminal you own. Cards, DuitNow QR and e-wallets, paid out the next working day. Home-based businesses and event vendors welcome.
Wherever you sell.
Shops, stalls, salons, bakers and online sellers. If you sell, it works.
Home-based and event sellers welcome.
Every business needs an SSM registration and a business bank account in the same name.
How a payment works.
From the customer's payment to your bank account, in six stops.
- 1
Customer pays
Tap a card or phone, or scan a QR. Or you scan theirs.
- 2
Your terminal
The M9200 reads the payment or shows your QR.
- 3
Shiok POS
We process the payment.
- 4
The bank
The customer’s bank or wallet approves it.
- 5
Settlement
The money is paid out to you.
- 6
Your account
In your bank account the next working day.
MDR Merchant discount rate: the share of each card payment kept as the processing fee. More in Money wordssettlement When the money from your card sales is paid into your bank account. More in Money wordsT+1 Paid out one working day after the sale. More in Money wordschargeback When a customer disputes a card payment with their bank and the money is held back while it is checked. More in Money words
Ways your customers pay.
When do I get paid?
Card sales are paid out the next working day (T+1). Pick a sale date to see when the money lands.
Fri, 30 Oct 2026
Sold on Fri, 30 Oct 2026. Paid out on Mon, 2 Nov 2026. Skipped: Sat, 31 Oct 2026 (weekend), Sun, 1 Nov 2026 (weekend).
National holidays only. State holidays and bank hours can differ.
Why Shiok POS.
Our payment terminal next to a typical bank terminal. Same job, a different deal.
| Shiok POS vs a typical bank terminal | Shiok POS | Typical bank terminal |
|---|---|---|
| Terminal | RM749 once. Yours to keep. | Often rented, not owned. |
| Monthly rental or fees | None | Often about RM800 to RM1,000 a year, unless you process roughly RM20,000 to RM30,000 a month. |
| Minimum monthly spend | None | Some banks charge extra if you miss a monthly minimum. |
| If it is lost or damaged | No penalty. The terminal is yours. | Replacing a damaged bank terminal can cost RM1,500 to RM2,500. |
| Where you can use it | Anywhere in Malaysia, on Wi-Fi or a SIM card (bought separately). | Usually locked to your shop address. |
| Ways to pay | 16, including cards, DuitNow QR, e-wallets and pay later. | Usually cards, DuitNow and sometimes Alipay. |
| Home and event sellers | Yes, with SSM and a business bank account in the same name. | Most banks ask for a physical shop. |
settlement When the money from your card sales is paid into your bank account. More in Money wordsNext working day (T+1 Paid out one working day after the sale. More in Money words)
Typical bank terminal terms are indicative. They are based on what merchants have told us and vary by bank and plan.
- One-time payment.
- No monthly fees.
- No monthly minimum.
From hello to a terminal in your hands.
Tell us about you
Say what you sell and where.
Get your proposal
We recommend your payment methods and send a transaction rate proposal.
Send documents
An SSM registration and a business bank account in the same name. We tell you if you need more.
Approval
Usually takes 3 to 5 working days.
Pay for your terminal
We invoice you once you are approved.
Delivery
We set up, test and deliver your terminal. Usually 2 to 3 days.
Pricing you can read.
- Plain terms
We explain every fee in writing before you sign up.
- Priced for your business
What you pay depends on how you accept payments and how much you process. We send you a rate proposal.
- No surprises later
The fees in your proposal are the fees you pay.
- Pay once for the terminal
RM749, and it is yours.
Safe by design.
- SIRIM QAS certified
The M9200 terminal is certified by SIRIM QAS.
- PCI DSS Level 1
Payments are processed by Fiuu, a PCI DSS Service Provider Level 1.
- ISO 27001:2022
Fiuu is certified to ISO 27001:2022 for information security.
Businesses we cannot accept.
We cannot accept businesses in these categories. Some other businesses need extra checks. If you are not sure, ask us before you apply.
See the 18 categories
- Counterfeit goods, unauthorised brand-name or designer goods, and goods that are illegally imported or exported.
- Firearms, weapons, ammunition and related products, including gunpowder and explosives.
- Human remains and body parts, and the trade of endangered or protected wildlife or products from poaching or other illegal practices.
- Goods, downloads or file-sharing services that infringe copyright, trademarks, patents, trade secrets or privacy rights.
- Content that promotes hate, racism, religious persecution, sedition or political incitement, or that is offensive.
- Obscene items.
- Pornography, adult content and sexually related services, such as escorts and adult live chat.
- Pyramid or Ponzi schemes, matrix programmes, “get rich quick” schemes and investment schemes.
- Stolen goods, including digital and virtual goods.
- Network marketing and referral marketing programmes.
- Products or services that government agencies have identified as likely to be fraudulent.
- Video content customisation based on customer preferences.
- Any business or activity that is illegal, unlawful or prohibited by the authorities in Malaysia.
- Any business, physical or online, that is not licensed or permitted by the relevant authority.
- Website mining services, such as collecting prices from a site in breach of its terms of use.
- Automated bots for buying products, gaming and similar uses.
- Companies without active business operations or significant assets.
- Other goods or services that break the law or harm the reputation of our payments partner.
Questions about payments.
The PAX Zolon Elys Note M9200. It is SIRIM QAS certified.
There is no penalty, because you own the terminal. You buy a replacement from us.
Yes. It works anywhere in Malaysia on Wi-Fi or a SIM card. You buy the SIM separately.
Yes, with an SSM registration and a business bank account in the same name.
Card sales are paid out the next working day (T+1).
No. The terminal and the POS software are separate. Use one or both.
Usually 3 to 5 working days after we submit your application.
Yes. The terminal is SIRIM QAS certified, and Fiuu holds PCI DSS Service Provider Level 1 and ISO 27001:2022.