Best Banking Methods for Betting in Malaysia
A wide range of Malaysian-friendly banking methods is important when choosing an online betting site. As a Malaysian bettor, one of the most crucial things to look for in a new betting site in Malaysia is to see if it offers a great selection of payment options. If you already know what banking method you will be using, then our team of betting experts has listed all the betting sites available for that specific method.
Malaysian customers can expect a wide range of payment choices. All the supported banking methods for betting sites in Malaysia are listed on this page
Betting Sites with Multiple Banking Methods in Malaysia
Banking Methods for Betting in Malaysia
In recent years, banking methods for online betting have expanded to include a wide selection of payment options for Malaysian customers. It's now easier than ever for Malaysians to bank with online betting sites, with a wide variety of fast and secure payment options available.
There are so many different banking methods to choose from when depositing on a betting site in Malaysia. Whether you prefer to use a credit/debit card, e-wallet, cryptocurrency, mobile payments, pre-paid cards, bank transfers, or any other banking method, you can be sure there is a betting site offering that.
Best Banking Methods for Online Betting in Malaysia
Finding the best banking method for online betting in Malaysia depends on each customer's individual needs and priorities. There are different banking methods to choose from when depositing at a betting site in Malaysia, and each banking method has its own strengths and weaknesses compared to the others.
AW8 Offers a Wide Variety of Banking Methods from Malaysia
E-Wallets in Malaysia
E-wallets are getting increasingly more popular around the world, and in Malaysia, there is no exception. These digital wallets are booming worldwide in 2025, and they really give customers some advantages compared to traditional banking methods, such as credit/debit cards, etc.
E-wallets are accepted as a banking method on betting sites in Malaysia, but not all betting sites offer every e-wallet available. All the betting sites listed below offer multiple e-wallets as a banking method, with the most popular e-wallets in Malaysia present.
List of Online Betting Sites in Malaysia that Accept E-Wallets
- 1
AW8 Betting Bonus 150% up to MYR 900Claim Bonus - 2
BK8 Betting Bonus 100% up to MYR 300Claim Bonus - 3
UEA8 Betting Bonus 100% up to MYR 300Claim Bonus - 4
WE88 Betting Bonus 100% up to MYR 500Claim Bonus - 5
12play Betting Bonus 150% up to MYR 450Claim Bonus
There are many advantages of using e-wallets as a banking method on betting sites from Malaysia. Rewards are available in the e-wallet itself when spending money online, and it's easy to top up.
Most Popular E-Wallets in Malaysia
There are many popular e-wallets in Malaysia, and digital wallets are actually used a lot more in Malaysia than in other countries in Asia. The two most popular e-wallets in Malaysia as a banking method for online betting are Touch 'N Go and GrabPay.
Digital wallets like DoitNow and EeziePay are also highly used on betting sites as a banking method from Malaysia. E-wallets provide a secure and fast banking method for online betting.
Touch 'N Go
Touch 'N Go might be the most popular e-wallet in Malaysia, claiming to have over 22 million active users each month. People in Malaysia use their Touch 'N Go wallet in their everyday life and get different types of rewards the more they use it.
Use Touch 'N Go as a Banking Method on UEA8 with Multiple Bonuses Available
As a banking method on Malaysian betting sites, Touch 'N Go is widely accepted as long as the betting site caters to the Malaysian market.
GrabPay
GrabPay is another widely used e-wallet in Malaysia with a large customer base in Southeast Asia. To top up the GrabPay account is a quick and easy process, and depositing it further to betting sites is even easier. There is also a reward program within GrabPay itself that rewards users each time they make a transaction, making it an ideal Malaysian banking method for betting.
List of Betting Sites that Accept GrabPay as a Banking Method in Malaysia
- 1 AW8 Betting Bonus 150% up to MYR 900Claim Bonus
- 2 BK8 Betting Bonus 100% up to MYR 300Claim Bonus
- 3 UEA8 Betting Bonus 100% up to MYR 300Claim Bonus
- 4
GemBet Betting Bonus 250% up to MYR 7,500Claim Bonus - 5 12play Betting Bonus 150% up to MYR 450Claim Bonus
All the betting sites above accept GrabPay as a banking method for depositing, and it's possible to claim multiple bonuses & promotions when using this payment option.
Cryptocurrency
Cryptocurrency is another banking method that has seen a huge increase in users over the last years from Malaysia, and in the years to come, cryptocurrency is expected to get even more popular as a banking method. With fast and secure deposits and withdrawals, alongside unmatched privacy, crypto is an amazing banking option to use for betting.
Sportsbet.io is the best betting site in Malaysia for using cryptocurrency as a banking method
Cryptocurrency is legal and regulated in Malaysia, making it a convenient banking method to use from Malaysia on betting sites. Almost all betting sites now offer Bitcoin, Ethereum, and some stablecoins as a banking method, but some sites have a lot more altcoins available.
Visa
Visa deposits with credit/debit cards are the most popular banking method used on betting sites in Malaysia, but banking methods such as e-wallets and cryptocurrency follow closely behind.
List of Online Betting Sites in Malaysia that Accept Visa as a Banking Method
- 1 AW8 Betting Bonus 150% up to MYR 900Claim Bonus
- 2 BK8 Betting Bonus 100% up to MYR 300Claim Bonus
- 3 UEA8 Betting Bonus 100% up to MYR 300Claim Bonus
- 4 WE88 Betting Bonus 100% up to MYR 500Claim Bonus
- 5 12play Betting Bonus 150% up to MYR 450Claim Bonus
There are multiple betting bonuses in Malaysia to participate in when using Visa as a banking method for deposits on betting sites, and all bonuses & promotions accept Visa payments.
MasterCard
MasterCard credit/debit cards are widely used, just like Visa cards, on betting sites as a banking method. These two are, without a doubt, the most popular debit/credit cards used in Malaysia and worldwide in general.
12Play Accepts MasterCard as a Banking Method from Malaysia
When using MasterCard as a banking method on betting sites, the deposits will be credited to the account immediately after completing the transaction, but withdrawals can take everything from one to five business days.
Bank Transfers
The traditional bank transfer is a viable banking method for depositing money to online betting sites, and withdrawals made with bank transfers are fairly more common. Both deposits and withdrawals with bank transfers as a banking method are popular options on online betting sites in Malaysia. Bank transfers are extremely secure and are an ideal option for high-limit transfers since the transfer limit using bank transfers tends to be way higher than other methods.
List of Online Betting Sites in Malaysia that Accept Bank Transfers as a Banking Method
- 1 AW8 Betting Bonus 150% up to MYR 900Claim Bonus
- 2 12play Betting Bonus 150% up to MYR 450Claim Bonus
- 3 BK8 Betting Bonus 100% up to MYR 300Claim Bonus
- 4 WE88 Betting Bonus 100% up to MYR 500Claim Bonus
- 5
Uwin33 Betting Bonus 50% up to MYR 344Claim Bonus
All the betting sites listed above offer bank transfer as a banking method for both deposits and withdrawals done from Malaysia. There are, of course, multiple welcome bonuses and promotions available to participate in when using a bank transfer as a payment option.
Prepaid Cards
Prepaid cards are popular in Malaysia as a banking method on betting sites, and most betting sites will accept payments with prepaid cards in one way or another. Few bonuses accept prepaid cards as a payment option, but there are ways around this. If topping up another banking method with the prepaid card credit, and depositing through an accepted method.
22Bet Accepts Prepaid Cards as a Banking Method from Malaysia
In addition to using prepaid cards directly as a banking method on betting sites, it's also possible to use prepaid cards, for example, to top up an e-wallet or buy crypto. Then use the e-wallet or crypto wallet as a banking method, there are also different types of 3rd party cards online that are possible to top up with a prepaid card to then again use on a betting site as a regular credit/debit card.
Meaning there are many ways to use prepaid cards for a banking method on betting sites from Malaysia. Two commonly used prepaid cards in Malaysia are Mybank Prepaid Cards and the Wise Prepaid Card.
Other Banking Methods for Online Betting in Malaysia
Some betting sites still accept good old cheques, and local bank transfers done physically in the bank are also still an option as a banking method. There are also many MayBank ATMs placed all around in Malaysia that accept cash deposits that can be used for a banking method for online betting.
Betting Sites With Best Banking Methods for Malaysia
12play
12Play claims to be the best online betting site in Malaysia, so of course, you can deposit and play with MYR as currency. At the online gambling site 12Play, new customers from Malaysia have the option of a no-deposit welcome bonus when signing up on 12Play.
Getting 22 MYR for free is possible by registering an account with a verified mobile number. That's a nice way to try out the online gambling site for free from Malaysia without having to deposit anything.
12Play Pros & Cons
- Choose between multiple welcome bonuses to get the one that suits your gambling needs
- Holds a PAGCOR gaming license
- Malaysian customers can deposit using EaziePay, Touch 'N Go, TruePay, and many more
- Enormous live casino library, which is hosted by some of the best game developers in the world
- Only have a betting app for Android users
- Wagering requirements on some bonuses are a bit high compared to other sites
There is a bundle of different welcome bonuses available at the online betting site 12Play for new customers from Malaysia. There are many banking methods available on 12Play, and all methods offer a bonus after registration is completed when making a first deposit.
One welcome bonus for each type of game, such as 100% bonus on slots, 100% bonus on live casino, and 150% bonus on sports and esports, which is great if you are looking for online gambling sites that offer bonuses in Malaysia.
BK8
Since BK8 aims to be the biggest and best online gambling site in Asia, you can be sure that deposits and withdrawals in MYR are available here. Not only is it possible to deposit in MYR at BK8, but you can also play with MYR as a currency while playing. BK8 has headquarters in Malta and holds a Curacao gaming license.
The banking method on BK8 is unmatched by any other betting site for Malaysian customers, and the number of popular deposit options available is staggering. Choose between all the most popular e-wallets, cryptocurrencies, credit/debit cards, bank transfers, prepaid cards, and even more popular methods.
BK8 Pros & Cons
- Offers a live streaming service where it's possible to watch games
- Great welcome bonuses and promotions for Malaysians
- Offers a great mobile application for both Android and iOS devices
- A wide selection of banking methods is available from Malaysia on BK8
- But better options out there
If you are completely new to online betting from Malaysia, then BK8 is a great place to start. The registration process from Malaysia is fast, and depositing using MYR makes it quite easy for anyone to start betting online from Malaysia at BK8.
Let's not forget about the live streaming service that’s available at BK8, which is a great function to have if you enjoy watching the games you bet on, alongside a beautifully designed live betting section.
UEA8
UEA8 is another online gambling site that has its focus on the Asian betting market, with a primary focus on betting in Malaysia, Singapore, and Thailand. With UEA8 having its main focus on the Malaysian gambling market, you can be sure that deposits and withdrawals in MYR are available here.
There are multiple banking options for Malaysians on UEA8, and some of these payment options are bank transfer, Help2Pay, Touch n’ GO, DuitNow, cryptocurrency, and many more methods are available. UEA8 also offers multiple of the best betting apps in Malaysia for both sports betting and casino.
UEA8 Pros & Cons
- UEA8 has a comprehensive online casino with live casino games from all the leading game developers
- Offers daily missions with rewards of over 100.000 MYR, also gives out daily commissions and daily referral programs
- Get a chance on the U-Spin, where you can win big prizes or buy a lottery ticket at zero cost at UEA8
- Multiple bonuses & promotions available with a wide range of banking methods from Malaysia
- The webpage on desktop and mobile can feel a bit overwhelming. Downloading the UEA8 betting app for a better experience is recommended.
Not only does UEA8 offer a decent number of banking methods from Malaysia, but it also offers three different welcome bonuses for new customers. Choose between a sports bonus, a live casino bonus, and a slots bonus when making your first deposit at UEA8.
The bonuses & promotions are all optional; they often come with terms and conditions that lock up credits until the wagering requirements are met, but of course, it’s also possible to make deposits without claiming any bonuses.
WE88
Since WE88 has such a strong focus on the Malaysian market, you can be sure that MYR is available as a deposit method at this online gambling site. It’s possible to deposit using MYR through regular bank transfers and play with MYR as a currency.
Banking options are widely covered in Malaysia on WE88, with cryptocurrency or other payment gateways, such as Touch 'N Go, DuitNow, EaziePay, and TruePay, plus many more options available.
WE88 Pros & Cons
- Wide selection of banking methods from Malaysia on WE88
- Get 8 MYR for free as a bonus if you download the WE88 app
- Great welcome bonuses & promotions with fast deposits and withdrawals
- But better options out there
In addition to the free credit bonus, WE88 also offers welcome bonuses and promotions for Malaysian customers. It’s possible to get 3 different welcome bonuses with 100% up to 500 MYR at each bonus.
There is one for sports betting, one for live casino, and one for regular casinos such as slots, etc. It’s also possible to get weekly reload bonuses and even birthday bonuses at WE88.
AW8
The online gambling site AW8 in Malaysia is, of course, one of these sites that lets you deposit with bank transfer using MYR. At AW8, it's possible to make deposits and withdrawals using MYR. You can even play with MYR as a currency.
There are also multiple other banking options on AW8 from Malaysia, such as: credit/debit cards, Touch 'N Go, GrabPay, EeziePay, DoitNow, Boost, Help2Pay, cryptocurrency, and more.
AW8 Pros & Cons
- Holds a PAGCOR gaming license
- Easy and fast deposit with bank transfer, cryptocurrency, e-wallets, or any of the other available payment methods
- The best online casino game developers are present at AW8
- Watch e-Sports live on AW8 from Malaysia
- Can only register with an existing Telegram account; no fast registration for Google, X, Line, or WhatsApp. Regular registration is, of course, possible.
The welcome bonuses available for new players on AW8 are impressive. If you are looking for an awesome bonus while registering at a new online gambling site, then AW8 is the place for you. There is a 150% matched welcome bonus for sports betting on AW8, and not many betting sites offer above 150% as AW8 does, with fair wagering requirements attached.
The promotion section for existing customers is also impressive, and it's possible to opt in and choose to engage in different bonuses & promotions at any given time. AW8 also offers a dedicated betting apps for both iOS and Android users.
FAQ About Banking Methods in Malaysia
Best Banking Methods in Malaysia for Online Betting?
The best banking method for betting in Malaysia is e-wallets, especially Touch 'N Go and GrabPay. There are also multiple other good banking methods in Malaysia, such as Cryptocurrency, credit/debit cards, prepaid cards, and bank transfers, etc.
UEA8 Offers a Wide Selection of Banking Methods from Malaysia
What Betting Site in Malaysia Offers the Most Banking Method Options?
Can I Claim Betting Bonuses & Promotions Using all types of Banking Methods from Malaysia?
No, not all betting sites will accept all banking methods as a payment option when claiming a bonus, but in 2025, there is always a way to deposit on a betting site using any kind of payment method through 3rd parties.
Most banking methods, such as credit/debit cards, e-wallets, cryptocurrency, and bank transfers, are mostly accepted. Particular methods that are rarely accepted when activating bonuses & promotions are typical prepaid cards, etc.
GemBet Offers Bonuses for Malaysian Payment Methods
What are the most Popular Banking Methods for Betting Online in Malaysia?
The most popular banking methods for online betting in Malaysia are;
- E-wallets
- Credit/Debit Cards
- Bank Transfers
- Cryptocurrency
- Prepaid Cards
The five methods above are popular banking methods in Malaysia for betting online.
BK8 Accepts all the Listed Banking Methods from Malaysia
