11/15/2012

MOLPay Payment Gateway

11/15/2012


MOLPay Premium plan offers the standard rate for receiving payment for goods and services is as follow:
Item Fee (of Premium Plan)
Joining Fee Malaysian Ringgit (MYR) 400.00
Yearly Maintenance Fee Malaysian Ringgit (MYR) 499.00
Transaction Fee 3.0% (for Credit Card)
3.0% or minimum MYR0.60 whichever is higher (for Debit channels)
Settlement Fee NIL
Settlement Period Weekly
Processing Currency MYR
Settlement Currency MYR
Premium Plan is more suitable for larger e-Business (i.e. for merchants who forecast their monthly turnover is more than RM5,000) which comes with lower transaction fee and yearly maintenance fee charged.
If you do not want to pay the recurring maintenance fee, Lite Plan can suit your need but with higher price per transaction charged. 
The standard rate for receiving payment via MOLPay LITE Plan for goods and services is as follow:
Item Fee (of Lite Plan)
Joining Fee Malaysian Ringgit (MYR) 499.00
Yearly Maintenance Fee NIL
Transaction Fee 3.8% (for Credit Card)
3.8% or minimum MYR0.60 whichever is higher (for Debit channels)
Settlement Fee Malaysian Ringgit (MYR) 2.00 per settlement
Settlement Period Weekly
Processing Currency MYR
Settlement Currency MYR

Last update: 14, Nov 2012

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