Malaysia Online Payment Gateway Review & Compare
If you sell online and you want to accept Online payments, you will need to sign up for an Online Payment Gateway Services. Pick one or more that is best suited to your needs!
please take note. this is not the latest updated info as I know. I will try to update it asap. please do not hesitate to contact me if you know the below information is not correct or you have updated information.
I will update it accordingly
Online Payment Gateways
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Official Site
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Setup Fee
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RM 488
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Free
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RM 400 (Premium)
RM499 (Lite)
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Annual Fee/ Maintenance Fee
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RM 500
for SME Plan
soho plan – zero yearly fee lifetime
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Free
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Premium – RM 499 / year
LITE plan – NIL
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Credit Card Transaction Fee |
SME Plan – 3 %
Soho Plan – 4%
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DOMESTIC
3.4% + RM2.00 (detailed fee)
CROSS BORDER
3.9 % + RM2.00 (check detailed fee) |
Primium – 3 %
LITE plan – 3.8%
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Payment Remittance
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Weekly Transfer to Bank Account
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Payment into PayPal Account Instantly.
For Malaysia, supports direct withdrawal to Malaysia Banks and also Visa Debit Cards. |
Weekly Transfer to Bank Account
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Accepted Currencies
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RM Only
(USD also supported, requires separate application) |
25 International Currencies (USD, RM, Euros, GBP, Yen, SGD and more currencies)
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RM Only
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Minimum Amount for Withdrawal
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RM 100
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RM100
(RM 2 per withdrawal) |
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Application Approval Time
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2 - 4 week
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Immediate
(Get Your Credit Card ready for verification) |
2 - 4 week
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Features
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* Malaysia’s Payment System Act 2003 compliance.
* International Gateways – multiple currencies * support more than 100 payment options * payment plug-in for major shopping carts. |
* Easy sign up
* No setup or monthly fees * International presence * Good for selling worldwide * Owned by Ebay * Process multi-currencies |
* Support Malaysia Online Bank Transfer
* Real-Time Online Reporting * Online invoicing system * Ready ways to accept payments |
Malaysia Online Bank Transfer
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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)
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N/A
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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)
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