Bank regulators in Malaysia are under pressure to change the rules governing business-to-business (B2B) transactions over the Internet. Local banking regulations currently permit business-to-consumer payment settlement over the Internet through credit card payment gateways. Businesses purchasing large quantities of goods must however drop offline and typically use traditional payment methods such as letters of credit (L/Cs) to settle transactions.

Pressure to allow electronic alternatives to traditional trading and settlement instruments is being exerted by Malaysia's nascent dot.com industry.

Ng Kok Hok, corporate general manager CY Multimedia, has said his company plans to make significant investments in B2B systems in anticipation of changes in local banking regulations that would accommodate B2B online payment. The company operates the Xchange.com.my online marketplace for businesses in several sectors, including shoes and furniture.