Q: May i
know the security and trustworthy of this online payment system?
It is the
same Online Payment Gateway System currently provided by many licensed Financial
Institution. For that reason, stores can be certain of our security and database
management. Besides, we complies with PCI Data Security Standard and Malaysia
Payment System Act.
Q. Do I
need to pay for bank or card company fees in additional of this online transaction
fee?
No. The
online transaction fee is inclusive of the bank and card company charges.
Q. Do this
online payment accept debit card?
We cannot
process Visa and MasterCard debit card, etc at the moment.
Q. Can I
apply iPay88 service if without any bank account in Malaysia?
Yes, but
only limited to Online Debiting Service and E-Wallet service. Transfer fee applied.
Q. Can this
online payment gateway support or accept prepaid Visa card & MasterCard?
Yes. we
did.
Q. How do
I need receive payment from this online payment gateway?
The payout
will be reimbursed via cheque deposit or online fund transfer into merchant
dedicated bank account. Additional charges (by bank) applied for online fund
transfer if any.
Q.
Do I need to pay extra if I choose more than one payment options?
No extra charges if merchant request more than
one payment option.We offers all in one online payment solution.
Q. Any minimum
payout amount?
There is
a minimum payout for settlement with amount of MYR 100.00. If the weekly settlement
sum (after deducting the transaction fee) is lower than the minimum payout amount,
we will hold the payout until next payout.
Q. May i
know is there any single transaction limitation?
Every merchant
account only allowed processing certain amount (in MYR) in every single transaction
to minimize the risk. Single transaction limit may vary from merchant to merchant,
based on the merchant's business setup, business modal, etc.
Q. Can I
request online payment admin site to cancel a transaction or refund to customer?
Merchant
is allowed to refund particular transaction to the customer and cancel particular
transaction by inform us to do so. Transaction fee and other fees are not applied
here.
Q. What
is chargeback?
Chargeback
is the forced reversal of a transaction by your customer's card issuer. Chargebacks
are raised when we receive notification from our bank that your customer's card
issuer has received a 'notice of dispute' from your customer.