E-Commerce - Online Credit Card Payment Gateways for Malaysian

If you are interested in accepting credit card online for your E-Commerce store, the following comparison chart will help you in deciding which payment gateway provider is suitable for you.

Providers Paypal iPay88 2checkout Worldpay Logo More Details Setup Fee Free RM488 USD49 Free Annual Fee Free Small/Medium Business Plan - RM500 Soho Plan - FREE Free USD 140 for the first year (USD 280 for subsequent years) Transaction Fee 3.4% + RM2.00 More Details Small/Medium Business Plan - 3% Soho Plan - 4% 5.5% + USD0.45 3.95% + USD0.10 Supported Currencies RM (MYR), US, Euro, Singapore $ and more RM (MYR) Major Currencies like USD, Euro and GBP Any Currencies including RM Withdrawal Method Transfer to local bank (on request) Transfer to local bank (weekly) Transfer to local bank By wire (TT) Receive money in local bank Supported Cards Country of origin USA Malaysia UK USA Reliability High High High High

We highly recommend Paypal for e-commerce startup. It does not charge any setup fee or annual fee. Signup process is fairly simple and fast and approval is done instantly. Nowadays, malaysians are able to withdraw money from Paypal account to local bank. Click here for more details.