Payment Gateway Comparison

Opening Payment Gatewayipay88ipay88molpaymolpayeghlpaypal
SOHOSMELITEPREMIUMSMEPremier or Business
Setup FeesRM488 + RM900 (One time processing fees imposed by the bank for credit card gateway)RM488 + RM900 (One time processing fees imposed by the bank for credit card gateway)RM499 + RM900 (One time processing fees imposed by the bank for credit card gateway)RM400 + RM900 (One time processing fees imposed by the bank for credit card gateway)RM399No Setup Fees
Annual FeesNo Annual FeesRM500RM99 (1st year will be waived. Subsequent year will be waived if minimum requirement is met)RM499RM399 (1st year will be waived. Subsequent year will be waived if minimum requirement is met)No Annual Fees
Transaction Fees (Fees deducted per transaction)Credit Card
4% (Visa, Mastercard)

Online Banking
4% or minimum RM0.6 which ever is higher

MEPS/Web Cash
4%
Credit Card
3% (Visa, Mastercard)

Online Banking
3% or minimum RM0.6 which ever is higher

MEPS/Web Cash
2%
Credit Card
3.8% (Visa, Mastercard)

Online Banking
3.8% or minimum RM0.6 which ever is higher

MEPS/Web Cash
3.8%
Credit Card
3% (Visa, Mastercard)

Online Banking
3% or minimum RM0.6 which ever is higher

MEPS/Web Cash
3%
Credit Card
2.8% (Visa, Mastercard)

Online Banking
RM1.5 (FPX, RHB Now, CIMB Clicks, Affin Online)
Malaysia
3.9% + RM2.00

Overseas
4.4% + RM2.00
Accepted CurrencyMYR onlyMYR onlyMYR onlyMYR onlyMYR onlyMYR, USD, SGD, TWD, EUR and etc
Business RequirementRequired Business Registration DetailsRequired Business Registration DetailsRequired Business Registration DetailsRequired Business Registration DetailsRequired Business Registration Details-
Types of Credit Cardcred1cred1cred1cred1cred1
Online Banking• Alliance Online
• Am Online
• CIMB Clicks
• EON Online
• Hong Leong Online
• Maybank2U
• RHB Online
FPX (Maybank2U, HL Online, RHB Onlinw, Bank Islam, PbeBank, CIMB Clicks)
• Alliance Online
• Am Online
• CIMB Clicks
• EON Online
• Hong Leong Online
• Maybank2U
• RHB Online
FPX (Maybank2U, HL Online, RHB Onlinw, Bank Islam, PbeBank, CIMB Clicks)
• Alliance Online
• Am Online
• CIMB Clicks
• EON Online
• Hong Leong Online
• Maybank2U
• RHB Online
FPX (Maybank2U, HL Online, RHB Onlinw, Bank Islam, PbeBank, CIMB Clicks)
• Alliance Online
• Am Online
• CIMB Clicks
• EON Online
• Hong Leong Online
• Maybank2U
• RHB Online
FPX (Maybank2U, HL Online, RHB Onlinw, Bank Islam, PbeBank, CIMB Clicks)
• Cimb
• Maybank
• RHB
• Public Bank
• Hong Leong
• Bank Islam
• Affin Bank
FPX (Maybank2U, HL Online, RHB Onlinw, Bank Islam, PbeBank, CIMB Clicks)
• None
Receive PaymentWeekly Transfer to Bank AccountWeekly Transfer to Bank AccountWeekly Transfer to Bank AccountWeekly Transfer to Bank AccountWeekly Transfer to Bank AccountDirect Withdrawal to Local Bank
Application Approval TimeCredit Card
2-3 Months

Online Banking
7-14 Working Days
Credit Card
2-3 Months

Online Banking
7-14 Working Days
Credit Card
2-3 Months

Online Banking
7-14 Working Days
Credit Card
2-3 Months

Online Banking
7-14 Working Days
Credit Card
2-3 Months

Online Banking
7-14 Working Days
Credit Card
7-14 Working Days

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