If you sell online and you want to accept credit card payments, you will need to sign up an Online Payment Gateway Services. Pick one or more that best suited to your needs!
Online Payment Gateways | Formerly was NBePay |
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Setup Fee | Free | RM 488 | ~ £75 - Business Gateway Plus |
USD 49 | RM 400 (Premium) RM499 (Lite) |
RM 399 |
Annual Fee | Free | RM 500 (soho plan - zero yearly fee lifetime) |
~ £19.95 / month | Free | RM 499 / year (LITE plan - zero yearly fee lifetime) |
RM 399 / year (1st year waived, if 2nd year onwards transaction volume > RM6000 then it's waived) |
Credit Card Transaction Fee |
DOMESTIC 3.9% + RM2.00 CROSS BORDER 4.4 % + RM2.00 Learn PayPal Fee adjustment since 10/9/2013 |
3 % (soho plan - 4%) Extra RM900 applicable for Credit Card Gateway since 1/7/2013 - payable to bank |
3.95 % | 5.5 % + $0.45 USD (check detailed fee) |
3 % (LITE plan - 3.8%) Extra RM900 applicable for Credit Card Gateway since 1/7/2013 - payable to bank |
2.8 % for VISA / Mastercard RM 1.50 Direct Debit (FPX, RHB Now, CIMB Clicks, Affin Online) |
Deposit | No | No | Subject to Review | No | No | No |
Payment Remittance | Payment into PayPal Account Instantly. For Malaysia, supports direct withdrawal to Malaysia Banks and also Visa Debit Cards. |
Weekly Transfer to Bank Account (via Bank Transfer) | 4 weeks - Transfer to Bank Account (via TT) | Weekly - Transfer to Bank Account (via TT) (about 3 weeks for Malaysia) Details here |
RM2 per settlement for lite plan. free for Premium. Weekly Transfer to Bank Account (See MOLPay Remittance Chart) |
Weekly Transfer to Bank Account (See eGHL Remittance Chart) |
Accepted Currencies | 24 International Currencies (USD, RM, Euros, GBP, Yen, SGD and more currencies) | RM Only (USD also supported in multicurrency gateway) |
Up to 120 Type Currencies | 12 International Currencies (See details) |
RM Only | RM Only |
Minimum Amount for Withdrawal | See PayPal Minimum Withdrawal Amount | RM 100 | N/A | See 2Checkout details here | RM100 (RM 2 per withdrawal) |
RM100 |
Application Approval Time | Immediate (Get Your Credit Card ready to verify your PayPal Account) |
7 - 14 working days (for internet bank transfer) 2 to 3 months (for credit card gateway) |
5 working days | 24~48 hours | 7 - 14 working days (for internet bank transfer) 2 to 3 months (for credit card gateway) |
7 - 14 working days for new webShaper customers |
Benefits | * Easy sign up * No setup or monthly fees * International presence * 100 Million+ ACTIVE registered accounts * Good for selling worldwide * Owned by Ebay * Process multi-currencies * PayPal Seller Protection |
* Support Malaysia Online Bank Transfer * Offer International Gateways - multiple currencies * Low transaction fee * Short settlement period * MOTO * After sales service * Notified by Bank Negara Malaysia (Payment System Act 2003) |
* World Recognized * High Trust * Very Reliable Payment Gateway * Support Most Currencies Type * MOTO * Good for selling Worldwide * Support PayPal (Uk only. T&C Apply). * Support AMEX and other card options |
* Low setup fee * Easy sign up * No monthly or gateway fees * Low startup cost |
* Support Malaysia Online Bank Transfer * Low transaction fee * Notified by Bank Negara Malaysia (Payment System Act 2003) * Ability for customers to pay at 7-11 (yet available) |
* Low Transaction Fee * Fast Approval * Support Malaysia Online Bank Transfer * Low transaction fee * Notified by Bank Negara Malaysia (Payment System Act 2003) |
Malaysia Online Bank Transfer | N/A Tips: However, a customer can top up his / her paypal accounts via online bank transfer. Eg RHB Bank Online Transfer to top up PayPal Balance. |
Alliance Online Am Online CIMB Clicks EON Online Hong Leong Online Maybank2u RHB Online FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks) |
N/A | N/A | Alliance Online Am Online CIMB Clicks EON Online Hong Leong Online Maybank2u RHB Online FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks) |
FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks), RHB Now CIMB Clicks Affin Online |
Works with | miniStore sohoStore bizStore |
only for sohoStore bizStore |
only for sohoStore bizStore |
only for sohoStore bizStore |
only for sohoStore bizStore |
only for sohoStore bizStore |
Contact sales@webshaper.com |
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Learn more | * PayPal Withdrawal Fee * PayPal Worldwide Offering * See PayPal Learning Centre * PayPal Shopping |
* See iPay88 Learning Centre | See Worldpay application process Note: WorldPay no longer supports Malaysia Merchants. Contact WorldPay sales at +65 6 339 9892 (Singapore Branch) |
2CO Customer Care Department (Alert) Prohibited Product List |
Additional Forms for Applications * Director's Resolution * Letter of Agreement |
Additional Forms for Applications * Director's Resolution * Letter of Consent |
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