MOLPay Domestic ePayment Solution comes with 2 subscription plans for merchant to select. The standard rate for receiving payment via MOLPay for goods and services is as follow:
MOLPay
Premium Plan
|
MOLPay
Lite Plan
|
|
One-time
Signup Fee
(Non-refundable) |
RM 400.00
|
RM499.00
|
Yearly
Maintenance Fee
|
RM 499.00
|
RM99 [1st year waived ]
[ 2nd year waived if the previous year’s total payment volume more
than MYR 5,000.00]
|
Transaction
Fee
|
3.0%[For Credit Card Channel Only]
3.0% or min. RM 0.60 (whichever is higher)[For All Debit Channels] |
3.8%[For Credit Card Channel Only]
3.8% or min. RM 0.60 (whichever is higher)[For All Debit Channels] |
Settlement
Fee
|
RM0.00 per
settlement
|
RM2.00 per settlement
|
Total
Transaction (Account) Limit
|
No Limit
|
No Limit
|
Premium Plan is more suitable for larger e-Businesses (i.e. for merchants who forecast their turnover is more than RM5,000 per month) which comes with lower transaction fee and yearly maintenance fee charged. If you do not want to pay the maintenance fee, Lite Plan can suit your need but with higher price per transaction charged.
Important Notice : Impose bank charges RM900 will be charge for all new sub merchant for credit card submission.
Settlement Period
The transaction payment will be settled on weekly basis, meaning the transactions from Monday (first day) to Sunday (cut off day) will be settled in the following Thursday. The payment will be transferred into your banking account accordingly.
The transaction payment will be settled on weekly basis, meaning the transactions from Monday (first day) to Sunday (cut off day) will be settled in the following Thursday. The payment will be transferred into your banking account accordingly.
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