Hi guys,

I am just curious. If you have an ecommerce website, what payment gateway would you like to have? I have a few in mind (please suggest and multiple choice is okay)...

iPay88
MOLPay
PayPal

The reason I am asking is I am using Easy Digital Download (EDD) and to have certain plugin installed, need pay some money. Just want to make sure money spend is good

Please advise and thank you.

Maybank recently introduced Maybank2u Pay, You may want to check that out too. I've never tried nor sure whether your product would be eligible.

if your targeted market is international then i will suggest paypal.

if local, then ipay88 or molpay (both also good)

You may start off with PayPal first.
MOLPay and iPay88 now inplemented a lot of T&C which hinder and slows down the process of the applications.
The rules are getting strict so you may have a hard time applying for an account.

another provider that gain their popularity - webcash

I have been using PayPal as a Merchant for a couple of years now without any hassles.

this is true. it started last year around sept. I was upgrading my existing molpay to add domain, and wow.. so much documents needed to be fill up. according to molpay, reasons for it as government is start to take actions to track the online transactions, and new policies has been imposed to them by bnm.

Thanks guys for the feedback. Really need tp think properly on this as I dont want too many gateway now. Company still small

Consider PayPal (if you expect Credit Card only). Consider WebCash if you want Local Banks involved.

WebCash (Merchants).

- Transaction fee 2% (internet banking)
- Transaction fee 4% (credit card)
- Free registration
- Free setup
- No annual fee
- 7 days settlement (internet banking)
- 14 days settlement (credit card)

Wow...thanks for that. Will check it out. Actually I am using Easy Digital Download (EDD) for Wordpress. As long as WebCash can merge with EDD, I am fine

The #1 troublesome thing about applying for online payment gateway now is because of the new ruling set by Bank Negara Malaysia. It involves having to setup a bank account with the relevant bank of the payment gateway company.

Thanks for sharing that buddy!

There are many players in Malaysia but most of it not integrated with other third party billing software.
Paypal and Payza will be the choice, most of the time.

I don't think it is their fault. Recently Bank Negara acquired full control of MEPS. So that is why there is the change of terms and policies.

I worked for a company which is certified to do FPX MEPS integration, just to let you know.

This post has been edited by gyver: May 7 2013, 11:08 PM

Maybank2u Pay is for Maybank to Maybank transaction only

Yes it's for online Maybank2u transaction only.
For other credit card, still recommend PayPal, iPay88 and MOLPay.

Maybank2u pay is free.... But dont worry most of the buyers have maybank2u in Msia.

The transaction fees is free and makes me wanna open an e store now lol.

Most dev/freelancer I know use iPay88

Hello, can some1 shed some light on how to integrate Maybank2u pay with Blogspot?

your kind help is highly appreciated.

How's the integration work? any one of here try the integration before?

thinking to plug into my webstore... :-)

For blogspot, just put in the code Maybank provides.
I'm more interested to know how to integrate Maybank2u to Opencart with extension.

Same to me, looking for any plugin or way which can integrated into the OpenCart

tq for that info

tutorial for maybnak2u pay via this link http://www.maybank2u.com.my/mbb_info/m2u/p...al/ACC-Accounts

Are you mean the direct integration? or just display the payment detail on the page?

If direct go Maybank, i will suggest you save your time by just talk with iPay88, i was the one who did the integration with MBB for them, take a lot of time if you are integrate with those big company. as they have lot of T&C you need to compliant and so on.

I just manage to put the Maybank2u Pay to my website with the 3th party extension (CKEditor for Bank Transfer). It look ok for me.

paypal good for international payment..and ipay88 for local..need to integrate with your website..so u need to make sure your site can support their plugin..my past ecommerce i use opencart and compatible with ipay88..

I heard paypal is bad because people can chargeback is that true?

Yes, pro and con on chargeback… this is actually a step to prevent scam. If the transaction is valid you don't need to afraid bout it.

I create a thread to discuss the recent rule to have additional RM 900 added to the online merchant setup for MOLpay and iPAY88 and others. RM 900 hike for MOLpay and iPay88., RM 900 setup fees for MOLpay and iPay88

May bank's initiative to support bloggers on the basic payment system is a great move
Online purchase have been getting so popular for people buying from forum / blogsite

thats make my curious is why there's a huge hike in discouraging small business from using local payment gateway.

Support this RM900 hike on local payment thread !! I still do not understand the move why there's a hike to discourage the use of local payment gateway.

Luckily Paypal change to support Malaysia Payment withdrawer few years back

This post has been edited by kinggekko: Jul 20 2013, 03:33 PM

Maybank2u Pay not provide any guide like PayPal did?

izit the maybank2u pay is totally FOC?

No, i think M2U Pay is still very new in the market and most of their thing is not standardize yet, but I believe in very soon, they will provide such a guide as their target merchant is those SOHO and individual seller

YES for the moment. But their application only open for blogger or those individual merchant without company.

M2U pay is not really a payment gateway. It is a shortcut / widget button for online shop to put at their website. Compare to manual online transfer, the benefits are :

1) Buyer doesn't have to enter the shop Bank Account No. Eliminating paying to wrong account.
2) Online Shop is verified by M2U, but M2U already stated they will not be responsible for any fraud case.
3) Seller will get notification automatically from M2U about the payment. Buyer will have to enter the seller's email for manual online transfer.



Why it is not consider a payment gateway

1) Buyer still have to enter the correct payment amount. Payment gateway will automatically display the amount to pay.
2) Buyer still have to enter the order number / description / invoice number. Payment gateway will automatically display the invoice / order no.
3) No integration to online store system, buyer's invoice will not marked paid automatically after the payment. It will still depended on seller manual authorization. Payment gateway is integrated to the online store system, automatically accept the payment and changed the invoice status. Seller doesn't need to verified the payment, as it is already done by the payment gateway.

Maybank has it own payment gateway solution (merchant solution), which is only feasible for large corporation, such as GSC, when you make online payment with M2U at GSC, that's the direct Maybank payment gateway.

This post has been edited by 1biz.my: Jul 23 2013, 04:12 PM

paypal la. internationally recognise

yeah , its for blog shop .. only .
if you have a ecommerce site, they won't approve you .

i saw some printing website can realtime update the client account balance after using Maybank2U transfer, our local really can support this kind of feature, using what? i saw my customer using maybank2u to transfer money to an account to update the account balance at a printing website, just that, realtime. how?

i got 1 web using opencart using maybank2upay

its e-ommerce and got approval from Maybank

using opencart, can use bank transfer framework
and paste the html code given by maybank.

easy but still customer need to pay nanually
(click logo, pay and confirm payment)

customer more likely to pay using ipay88 because
it integrated very well but got transaction fees

example ?

paypal is good but not the best.. it still has limitation for some countries..
i had experience when a client from pakistan got trouble to pay me via paypal..
endup he using his friend's paypal in US to make the payment..

Paypal in Malaysia cannot accept credit cards directly

The paypal advance or paypal pro is only for US business. Can anyone advise any other way?

Paypal in Malaysia cannot accept credit cards directly

The paypal advance or paypal pro is only for US business. Can anyone advise any other way?

Maybank2u Pay is just a better version of Money transfer between online Maybank users. or blogshops..

most of these blogshops are individuals rather than registered companies.

However, many people are still not aware of this payment transfer and blogshop owners actually need to explain afresh most of d times.

and most of the time if you give them a choice between yr acc no and your maybank2u pay, buyers will directly log in to transfer payment with your acc details rather than using maybank2u pay.

as some people say, it's kinda like cimb click! ?

I'm using paypal business account, no issue receiving malaysia payment in RM. fyi, they charge 3.9% + RM2 per transaction.

This post has been edited by Raymond T.: Nov 12 2013, 05:43 AM

Sorry I shld clarify, I'm using PayPal but my buyers need to create a PayPal account to pay me. I want to save all the hassles and offer them to pay with credit card directly instead of having to create a PayPal account

In this case, you can choose MOLPay or iPay88

ya but im trying to avoid the upfront payment, i dun mind higher fees charge per transaction as my transactions are not consistent

the only thing that bothers us is the RM2 +3.9% for Paypal
3.9% is fine (although very high) the RM2 make it almost impossible for user to sell low price items . and if you switch to micropayment , you rate would be 5.5% + RM0.50 , which you pay alot higher if you accepting payment >RM250 for examples

we are also considering Molpay / Ipay for ourself and client

Ipay88 n molpay convenience for local buyer.

Hello Lowyat Forumers,

I'm currently having issue with payment gateway for oversea market..

we try to do international business market by using paypal and get limitation 180days about 2 account already and it was very very headache lo...

our product/service is quite high risk type.

our currency that we accept is USD and 99% customer from United State. Anyone have any solution to this issue ??


or is anyone doing business internationally right now? maybe we can partner up ? our customer bank in to you and you bank in to us. We can give you 5-10% fee per transaction?


Please help out..


Thank you..

depend on payment amount ba if less than RM3 per item i will just use paypal

Hi All,

I was surfing around the internet and came across MOLPay's Zero Setup Fee promotion. The package mentions that setup one time setup fee is waved and yearly maintenance fee is waved for the first year.

Anyone have registered this? Need to know the total amount and t&c.

Thanks.

I am using it
can tell you more if you want to PM ?

Hi everyone,

I am trying to receive credit card payments in USD via my website.

Any suggestions/recommendations?

Thanks!

Can take a look at Skrill, PayPal or 2Checkout.
All free setup and no yearly fees, but the transaction % is high though.

Thanks!

You can try senangPay (http://senangpay.my) ...

Can you explain more on the Whatsapp payment module?