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Showing posts from July, 2023

What are the transaction fees and charges associated with using payment gateway services in Malaysia, and how do they vary across different providers?

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In the digital age, online transactions have become an integral part of our daily lives. Whether it's buying products, paying bills, or transferring funds, payment gateway services facilitate seamless and secure electronic transactions. For businesses in Malaysia, offering online payment options is essential to cater to the growing demand for e-commerce. However, understanding the transaction fees and charges associated with these services is crucial to make informed decisions about the right payment gateway provider for your business. In this article, we will delve into the transaction fees and charges of using payment gateway services in Malaysia, and how they vary across different providers. Common Transaction Fees and Charges: a. Setup Fee: Many payment gateway providers may charge a one-time setup fee to integrate their services with your website or e-commerce platform. This fee covers the initial configuration and onboarding process. b. Transaction Fee: A transaction fee i

Unveiling the Working Mechanism and Future Potential of E-Payment in Malaysia, with Mobi as a Reliable Payment Gateway

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E-payment, or electronic payment, has revolutionized the way financial transactions are conducted in Malaysia. It refers to the process of making digital payments using various platforms and technologies. With the continuous advancement of technology, e-payment systems have become increasingly prevalent in Malaysia, offering convenience, security, and efficiency. Among the reliable payment gateways available, Mobi stands out as a trusted solution that enhances the e-payment experience. How E-Payment Works in Malaysia: E-payment systems in Malaysia encompass several methods, including online banking transfers, mobile banking apps, e-wallets, and card-based transactions. These systems rely on digital platforms to facilitate the transfer of funds, making purchases, settling bills, and conducting financial transactions electronically. Users can link their bank accounts, credit cards, or e-wallets to these platforms, enabling them to initiate payments and complete transactions seamlessly. F

What are the advantages and disadvantages of using a third-party e-commerce payment gateway?

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In today's digital age, having a reliable and secure payment gateway is essential for any eCommerce business or small enterprise in Malaysia. With the rapid growth of online transactions, it is crucial to select the right payment gateway solution that meets your business needs, provides seamless customer experiences, and ensures secure payment processing. In this article, we will explore some of the best payment gateway services available in Malaysia and discuss their features and benefits. third-party e-commerce payment gateway Mobi : Mobi is a leading payment gateway provider in Malaysia, offering a wide range of payment options and services. It supports major credit cards, online banking, and various alternative payment methods, catering to both local and international customers. iPay88 provides a user-friendly interface, seamless integration with popular eCommerce platforms, and advanced fraud protection measures. They also offer comprehensive reporting tools, allowing busine

An Ultimate Guide: Travel Industry's Transition to Digital Payments

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The travel industry has always been at the forefront of technological advancements, constantly adapting to meet the evolving needs of travellers. One significant shift has been the transition to digital payments in recent years. With the rise of mobile technology and the increasing popularity of mobile e-wallet , the travel industry is embracing digital payment solutions to provide customers with a seamless and secure experience. This article will discuss the benefits digital payments offer travellers and businesses in the travel industry. How is the Travel Industry Transitioning to Digital Payments? Let's explore how the travel industry is transitioning to a digital payment gateway and its benefits to travellers and businesses. Convenience and Accessibility Digital payments offer unparalleled convenience and accessibility for travellers. Gone are the days of carrying large amounts of cash or relying solely on physical credit cards. With digital payment methods such as mobile

Payment gateway security measures you should know

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  In a world full of digital possibilities, online payment processors act as the ecosystem that facilitates the smooth functioning of a business. COVID-19 has been the hot-pot for all e-commerce to bloom like never before. While the entire digital payment landscape was getting refined, the world also witnessed a rise in fraudulent activities on these payment sites that hampered people's trust in taking their day-to-day payment practices on the online platform. But as we say, there’s a solution to every problem! As technology advances, so do the tactics employed by cybercriminals to defraud merchants and customers. To counter these threats, payment gateways implemented robust security measures to protect sensitive data and ensure compliance with industry standards.  In this blog, we will explore the top seven security measures that every payment gateway should have to safeguard transactions and maintain the trust of its users. Essential Payment Security Measures PCI DSS Compliance