ONE TIME SETUP COST

• MYR 488.00

MAINTENANCE FEE

• MYR 500.00 per year

MERCHANT DISCOUNT RATE

• 3% per transaction for credit card

• 3% per transaction or minimum RM0.60 whichever is higher¹ for online banking (e-debit) and Mobile Money.

• 2% for MEPS Cash and Webcash

SETTLEMENT PERIOD

• Weekly basis

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

HOW TO APPLY?

• Please refer to application guidelines which can be downloaded here, together with the application form.

For more details, please speak to our marketing representatives at +60392001238 or marketing@ipay88.com.my.

¹This is merchant discount rate for majority online banking services but it may vary from bank to bank.