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Tag: payment gateway

Online Payment Gateway landscapes in Malaysia (Part 3/3)

Online Payment Gateway landscapes in Malaysia (Part 3/3)

How to choose a Payment Gateway? Previously, we have compared various payment gateways that available in Malaysia. The next question will be, which one shall we choose? This article, which is the last of the series, will look into the criteria to choose the service provider that suit your needs. Reasonable onboarding and annual feesThere are no Free lunch in this world. Either you save on the onboarding fee and pay higher transaction fee or pay a reasonable onboarding fee…

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Online Payment Gateway landscapes in Malaysia (Part 2/3)

Online Payment Gateway landscapes in Malaysia (Part 2/3)

Comparison of various Payment Gateways in Malaysia Let’s find out what payment gateways is available for Malaysia market. Summary eGHL iPay88 SenangPay Onboarding Fee RM499 – RM10000 RM488 – RM3800 N/A Annual Fee RM599 RM500 – RM800 RM300 – RM1500 Credit/Debit Card Transaction Fee 1.8% – 2.5% 1.8% – 2.9% 1.8% – 2.5% Online Banking Transaction Fee 1.8% – 2.5% 1.8% – 2.9% 1.8% – 2.5% e-Wallet Transaction Fee 0.5% – 1.5% 1% – 1.5% N/A Settlement Period Weekly Weekly…

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Online Payment Gateway landscapes in Malaysia (Part 1/3)

Online Payment Gateway landscapes in Malaysia (Part 1/3)

What’s Payment Gateways and How does it work? Back in year 1999, when I setup my very first online shopping cart to promote my company products, it is rather an online catalog than a real shopping cart. Back in those day, I don’t think there is any Malaysia based payment gateway service provider. To integrate online payment for your shopping cart, you either paying an high service fee by using PayPal, or you got to be a well-established retailer to…

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