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iPay88 MYR Gateway

MYR Gateway - SME Plan

iPay88 MYR Gateway is an online payment services that facilitates online merchants or e-commerce merchants' online store in Malaysia to process online transactions in Malaysia Ringgit currency (MYR) in large extent and securely.

SME Plan designed for the merchants who forecast their monthly online sales is more than RM4,000.

One time set up cost: RM488.00

Yearly maintenance fee: RM500.00

Transaction fee:

  • Credit card: 3% per transaction
  • Online banking & Mobile Money: 3% per transaction or minimum RM0.60 whichever is higher*
  • MEPS Cash & Webcash: 2% per transaction

Settlement period: Weekly basis


Key Features

  • Accept comprehensive of online payment options:-
  • Real-time online payment consolidated report
  • Payment notification via email or SMS (acknowledge via SMS will involve additional cost per SMS sent)
  • Equipped with Internet Security Features (PCI Data Security Standard compliance)
  • Online Fraud Prevention Mechanism
  • Easy to integrate
  • Featuring Email Payment

Who can apply

This service only offered to Malaysians and registered companies in Malaysia.
iPay88 will not accept any application from the party involves in one of the following products, services and activities:
  • Pornography & Adult Content
  • Firearms, Ammunition, High Capacity Magazines, Tasers, Air Guns
  • Fireworks or Pyrotechnic Devices or Supplies
  • Unapproved Drugs
  • Gambling Transactions
  • Replica Products
  • Money Laundering
  • Pyramid Scheme Program
  • Terrorism
  • And other activities that against Malaysia government laws

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