
05-04-2002, 06:16 PM
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New kid on the block
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Join Date: Apr 2002
Posts: 4
Rep Power: 0
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From my understanding there are two types of option for payment gateway if you are in malaysia
1) local payment gateway & merchant account
Very troublesome, add up around 10% transaction commision charged on each transaction. Also, applying time very difficult.
2) Foreign payment processor company
Mainly one contact point, they handle everything from bank to credit card system. overall around 5% only. But setback is you can only collect money after 4 weeks.
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