Malaysian payments company Paydibs has launched a merchant financing service that uses transaction activity to assess eligibility and deducts repayments from weekly payment settlements.
The company is offering the facility with Anchor Capital Sdn Bhd, its first financing partner. Paydibs said Anchor Capital is licensed by Malaysia’s Ministry of Housing and Local Government, which oversees licensed moneylending activity.
Repayments adjust with transaction volume
Eligible Paydibs merchants can receive a financing offer through the company’s merchant portal after maintaining at least 90 days of continuous digital transaction activity on the platform. Offers remain subject to assessment, approval and completion of required documentation.
Paydibs said its assessment uses a merchant’s transaction performance, know-your-business information and automated credit checks. Approved applicants can review the offer and sign the agreement digitally. The company said funds may be disbursed on the same day after final approval, but it did not disclose financing limits, fees, effective rates, minimum repayment amounts or default terms.
The financing period is six months, or 26 weeks. Instead of a fixed weekly installment, Paydibs deducts an agreed percentage from the merchant’s weekly settlement. Repayments therefore rise when transaction volume is stronger and fall when sales slow.
This structure resembles revenue-based financing models increasingly offered by payment and commerce platforms. Using payment data can reduce the documentation required from small businesses and align collections with cash flow, although merchants still need to assess the total financing cost and contractual protections.
Paydibs Chief Executive Tee Kean Kang said the service extends the company’s relationship with merchants beyond payment acceptance. The company first outlined its plan to use transaction data for embedded working-capital offers when it repositioned its business around a broader merchant-services strategy.
Payments platform broadens SME offering
Paydibs already provides card, online banking, e-wallet and QR payment acceptance. Its broader merchant product set includes the NEO all-in-one payment terminal and business protection offered through a partnership with Great Eastern General Insurance.
The financing launch puts Paydibs into closer competition with banks, digital lenders and merchant platforms that use transaction records to underwrite small businesses. For merchants, the service’s value will depend on pricing, approval criteria and how the settlement deduction behaves during weak trading periods.
The company cited surveys showing continued demand for working capital among Malaysian micro, small and medium-sized enterprises. However, those market indicators do not establish take-up or performance for Paydibs’ new product. The company did not provide a lending target, expected number of borrowers or the capital committed by Anchor Capital.
Paydibs is registered as a payment service provider under Malaysia’s Financial Services Act 2013. The financing itself is provided through Anchor Capital rather than Paydibs, according to the announcement. That distinction is important because the payment company supplies the merchant interface and transaction information while the financing partner makes the credit decision and provides the facility.
The launch follows a wider shift among Southeast Asian payment companies toward bundled merchant products, including cash-flow tools, insurance and financing. The approach can deepen relationships with small businesses, but it also places more importance on transparent pricing, responsible underwriting and the handling of merchant transaction data.
Paydibs said it will continue exploring additional financial and financing services for merchants. It did not identify further partners or a timetable for expanding the facility beyond Malaysia.
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