Wednesday, November 14, 2012

MOLPay Payment Gateway

8:09 AM

MOLPay Premium plan offers the standard rate for receiving payment for goods and services is as follow:
ItemFee (of Premium Plan)
Joining FeeMalaysian Ringgit (MYR) 400.00
Yearly Maintenance FeeMalaysian Ringgit (MYR) 499.00
Transaction Fee3.0% (for Credit Card)
3.0% or minimum MYR0.60 whichever is higher (for Debit channels)
Settlement FeeNIL
Settlement PeriodWeekly
Processing CurrencyMYR
Settlement CurrencyMYR
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:
ItemFee (of Lite Plan)
Joining FeeMalaysian Ringgit (MYR) 499.00
Yearly Maintenance FeeNIL
Transaction Fee3.8% (for Credit Card)
3.8% or minimum MYR0.60 whichever is higher (for Debit channels)
Settlement FeeMalaysian Ringgit (MYR) 2.00 per settlement
Settlement PeriodWeekly
Processing CurrencyMYR
Settlement CurrencyMYR

Last update: 14, Nov 2012

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