If you sell online and you want to accept credit card payments, you will need to sign up an Online Payment Gateway Services. Pick one or more that best suited to your needs!
| Online Payment Gateways |  | 
|  |  |  |  |  |  |
|---|---|---|---|---|---|---|---|---|
| Special Promo with webShaper? | – |  Free Banner Design worth RM499! | – | – | – | – | – | – |
Setup Fee  | FREE | SME RM 488 STARTUP 488 | PREMIUM RM400 LITE RM499 | STARTER RM 399 SMALL BIZ RM599 | FREE | FREE | FREE | FREE |
| Annual Fee | FREE | SME RM 500 STARTUP ZERO Fee Lifetime | PREMIUM RM 499 LITE ZERO Fee Lifetime | STARTER 1st year waived. 2nd year onwards RM 399 SMALL BIZ 1st year waived. 2nd year onwards waive if transaction volume > RM60000 / year) | FREE | FREE | FREE | FREE for Pay as you go Plan or
Monthly subscription plan at £19.95 / month |
| Credit Card Transaction Fee | DOMESTIC 3.9% + RM2.00 CROSS BORDER 4.4% + Fixed fee based on the currency received Selling on eBay within Malaysia (Standard rate) 3.4% + RM2.00 Selling on eBay Overseas (Standard Rate) 3.9% + fixed fee based on the currency received | SME 2.9 % on VISA / MasterCard 2.9% or min RM 0.60 STARTUP 3.5% on VISA / MasterCard 3.5% or min RM 0.60 (whichever higher for Online Banking) Extra RM900 One-time application fee for Credit Card Gateway since 1/7/2013 – payable to bank. | PREMIUM 3 % on VISA / MasterCard 3% or min RM 0.60 LITE 3.8% on VISA / MasterCard 3.8% or min RM0.60 (whichever higher for Online Banking) Extra RM900 One-time application fee for Credit Card Gateway since 1/7/2013 – payable to bank. | STARTER 2.8% for VISA / MasterCard 2.8% or RM0.70 (whichever higher for Online Banking) SMALL BIZ 2.5 % for VISA / Mastercard 2.5% or RM0.70 (whichever higher for online banking) | Credit Card via PayPal.
RM1.50 per transaction for Online Banking via FPX. | RM0.50 + GST | 3.9 % + $0.45 USD
1.5% cross-border fee applies to payments you accept from customers outside of Malaysia. (check detailed fee) | 2.75% + £0.20 (for all cards)
2.75% (credit cards) & 0.75% (debit cards). |
| Deposit | No | No | No | No | No | No | No | Subject to Review |
| Payment Remittance | Payment into PayPal Account Instantly. For Malaysia, supports direct withdrawal to Malaysia Banks and also Visa Debit Cards. | Weekly Transfer to Bank Account (via Bank Transfer) | FREE for Premium.
RM2 per settlement for LITE plan. Weekly Transfer to Bank Account (See MOLPay Remittance Chart) | Weekly Transfer to Bank Account. | Next day (T+1) excluding Friday, Saturday, Sunday and federal holidays | Next day (T+1) excluding Friday, Saturday, Sunday and federal holidays | Weekly – Transfer to Bank Account (via TT) (about 3 weeks for Malaysia) Details here | 4 weeks – Transfer to Bank Account (via TT) |
| Accepted Currencies | 24 International Currencies (USD, RM, Euros, GBP, Yen, SGD and more currencies) | RM Only (USD and others like AliPay are supported in iPay88 multicurrency gateway) | RM Only | RM Only | RM Only | RM Only | 12 International Currencies (See details) | Up to 120 Type Currencies |
| Minimum Amount for Withdrawal | See PayPal Minimum Withdrawal Amount | RM 100 | RM100 | RM100 | N/A | N/A | See 2Checkout details here | N/A |
| Application Approval Time | Immediate (Get Your Credit Card ready to verify your PayPal Account) | 7 – 14 working days (for internet bank transfer) 1 to 2 months
| 7 – 14 working days (for internet bank transfer) 1 to 2 months
| 7 – 14 working days for new webShaper customers | Apply Online | 1 to 2 weeks. | 24~48 hours | 5 working days |
| Benefits | * Easy sign up * No setup or monthly fees * International presence * 100 Million+ ACTIVE registered accounts * Easy and Good for selling worldwide * Listed on Nasdaq * Process multi-currencies *  PayPal Seller Protection | * Support Malaysia Online Bank Transfer * Offer International Gateways – multiple currencies * Low transaction fee * Short settlement period * MOTO * After sales service * Registered Business (Merchant Acquiring Services) with Bank Negara Malaysia (Payment System Act 2003) | * Support Malaysia Online Bank Transfer * Low transaction fee * Registered Business (Merchant Acquiring Services) with Bank Negara Malaysia (Payment System Act 2003) * Ability for customers to pay at 7-11 or Petronas via MOLCash *Extra Loyalty Points via B-Infinite (formerly known as Bcard) *Mobile SDK for Android. (Learn more) | * Lower Startup Transaction Fee * Fast Approval * Support Malaysia Online Bank Transfer * Low transaction fee * Registered Business (Merchant Acquiring Services) with Bank Negara Malaysia (Payment System Act 2003) | * Focus on Online Bank Transfe
* Support all banks under FPX | * Low cost
* Fast Remittance * Let millions of Maybank customers pay you easily via Internet Bank Transfer | * Low setup fee * Easy sign up * No monthly or gateway fees * Low startup cost | * World Recognized * High Trust * Very Reliable Payment Gateway * Support Most Currencies Type * MOTO * Good for selling Worldwide * Support PayPal (Uk only. T&C Apply). * Support AMEX and other card options |
| Malaysia Online Bank Transfer | N/A
Tips: However, a customer can top up his / her Paypal accounts via online bank transfer. Eg RHB Bank Online Transfer to top up PayPal Balance. | Alliance Online Am Online CIMB Clicks EON Online Hong Leong Online Maybank2u RHB Online FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks) | Alliance Online Am Online CIMB Clicks EON Online Hong Leong Online Maybank2u RHB Online FPX (Maybank2U, HL Online, RHB Online, Bank Islam, PbeBank, CIMB Clicks) | FPX (Maybank2U, CIMB Clicks, RHB Online HL Online, Alliance Online, PbeBank, Ambank, Bank Islam, UOB, Affin Online, Bank Rakyat, Bank Muamalat, OCBC, Standard Chartered, KFH) |  | Maybank2u only | N/A | N/A |
| Works with | webShaper miniStore, sohoStore and bizStore | only for webShaper sohoStore and bizStore | only for webShaper sohoStore and bizStore | only for webShaper sohoStore and bizStore | webShaper miniStore, sohoStore and bizStore | webShaper miniStore, sohoStore and bizStore | only for webShaper sohoStore and bizStore | only for webShaper sohoStore and bizStore |
| Learn More | PayPal Withdrawal Fee PayPal Worldwide Offering Checkout PayPal Community (US) | Additional Forms for Applications * Director’s Resolution * Letter of Consent | Additional Forms for Applications
* Director’s Resolution | Additional Forms for Applications
* Director’s Resolution | N/A | Maybank2uPay Official Site | webShaper + 2Checkout 2CO Customer Care Department (Alert) Prohibited Product List | See Worldpay application process Note: WorldPay no longer supports Malaysia Merchants. You can still apply for worldpay if you have company registered in Singapore, Hong Kong, UK, USA etc.N/A |
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These are a few questions you should to decide which payment gateways provider has what you actually need.
