iPay88 is an online payment service and solution provider that allows businesses to accept online payment options. It offers low setup cost & maintenance fee, low transaction charges, fast settlement period, no hidden costs, and developed payment plug-in for major shopping carts. It also offers mPOS that allows merchants to accept card payments anywhere, anytime.
eGHL (GHL Solutions) is a secure internet payment solution that covers both cards & non-cards payments channels in Malaysia charges the lowest transaction fees. It has two plans – Starter and Small Business. The starter planPayment Gateways (Malaysia)
Your need for two-factor authentication feature can be met by Paypal and 2checkout who provide this feature in Malaysia. For more details and a comparison between the two, visit: http://www.analyzo.com/compare/299/8,9,Payment Gateways (Malaysia)