{"id":1207,"date":"2023-10-03T00:29:46","date_gmt":"2023-10-03T00:29:46","guid":{"rendered":"https:\/\/mudeer.my\/blog\/?p=1207"},"modified":"2024-07-03T21:56:46","modified_gmt":"2024-07-03T13:56:46","slug":"payment-services-options-for-receiving-local-and-international-payments-in-malaysia","status":"publish","type":"post","link":"https:\/\/mudeer.my\/blog\/payment-services-options-for-receiving-local-and-international-payments-in-malaysia\/","title":{"rendered":"Payment Services: Options For Receiving Local And International Payments In Malaysia"},"content":{"rendered":"\n

In Mudeer<\/a>, you can accept manual or automatic payments.<\/p>\n\n\n\n

Automatic payments are payments the customer makes through Mudeer. These payments will be automatically recorded and the customer will receive a receipt.<\/p>\n\n\n\n

Manual payments are payments the customer makes to your bank or Wise account. For these payments, you have to record and issue receipts in Mudeer yourself.<\/p>\n\n\n\n

Currently, customers can only make automatic payments through a payment gateway.<\/p>\n\n\n\n

If you operate in Malaysia, there are a few options for accepting local and international payments. Here is an overview of some of the payment services currently available:<\/p>\n\n\n\n

<\/td>Manual<\/strong><\/td>Automatic (payment gateway)<\/strong><\/td><\/tr>
Local<\/strong><\/td>Bank transfer<\/td>Toyyibpay \u2705
Billplz \u2705
Chip
Stripe<\/td><\/tr>
International<\/strong><\/td>Wise
Bank transfer<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

\u2705 Mudeer integrates with<\/p>\n\n\n\n

Most payment gateways in Malaysia accept payments through:<\/p>\n\n\n\n

    \n
  1. FPX (local bank transfer) or<\/li>\n\n\n\n
  2. Credit\/debit cards (local and international)<\/li>\n\n\n\n
  3. E-wallets (only some providers)<\/li>\n<\/ol>\n\n\n\n

    FPX which stands for Financial Process Exchange, allows customers to make payments through local bank transfers.<\/p>\n\n\n\n

    Here is a summary of the rates for each provider (as of 3 Oct 2023):<\/p>\n\n\n\n

    <\/td>FPX<\/strong><\/td>Local Card<\/strong><\/td>Foreign Card<\/strong><\/td><\/tr>
    Toyyibpay<\/strong><\/a><\/td>RM1 \/ transaction<\/td>1.5% of amount<\/td>2.35% of amount<\/td><\/tr>
    Billplz<\/strong><\/a><\/td>RM1.05 \/ transaction<\/td>1.8% of amount<\/td>–<\/td><\/tr>
    Chip<\/strong><\/a><\/td>RM1 \/ transaction<\/td>Credit card – 2.2% of amount
    Debit card – 1% of amount<\/td>    		Credit card – 3% of amount
    Debit card – 1.8% of amount<\/td><\/tr>
    Stripe<\/strong><\/a><\/td>3% + RM1 \/ transaction<\/td>3% + RM1<\/td>4% + RM1
    + 2% if different currency <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    What if I want customers to make payments directly to my bank or Wise account?<\/h4>\n\n\n\n

    In Mudeer, you can put payment instructions in the invoice.<\/p>\n\n\n\n

    \"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

    In Mudeer, you can accept manual or automatic payments. In this post, I share some of the payment providers available for you to accept international and local payments in Malaysia.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"jetpack_featured_media_url":"","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mudeer.my\/blog\/wp-json\/wp\/v2\/posts\/1207"}],"collection":[{"href":"https:\/\/mudeer.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudeer.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudeer.my\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudeer.my\/blog\/wp-json\/wp\/v2\/comments?post=1207"}],"version-history":[{"count":8,"href":"https:\/\/mudeer.my\/blog\/wp-json\/wp\/v2\/posts\/1207\/revisions"}],"predecessor-version":[{"id":1575,"href":"https:\/\/mudeer.my\/blog\/wp-json\/wp\/v2\/posts\/1207\/revisions\/1575"}],"wp:attachment":[{"href":"https:\/\/mudeer.my\/blog\/wp-json\/wp\/v2\/media?parent=1207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudeer.my\/blog\/wp-json\/wp\/v2\/categories?post=1207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudeer.my\/blog\/wp-json\/wp\/v2\/tags?post=1207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}