Online Payments

Online payment

Online payment is a method for us to receive money from customers online. There are so many online payment methods available, each of them have their own advantages and their disadvantages. However, typically we are dealing with 3 types of payments everyday.

1. Online credit card transaction
2. Paypal transaction
3. Bank transfer, bank specific methods.

Online credit card transaction

Basically, credit card transaction online means that you want to receive payments via credit card online. There are a few guidelines and there are some do and don’t. We summarize it into a information as below.

Your web site must have clear information about the payment.

1. Complete description of the goods or services offered.
2. Delivery policy
3. Address of your permanent establishment
4. Customer service contact, including electronic mail address and telephone number
5. Returned merchandise and refund policy
6. Export or legal restriction(s), if applicable

Of course, at mbwebcreator.com, we help you to comply to the requirements.  The next step is to get a payment gateway to connect to the web site. Basic information as below.

1. You pay to the gateway provider a commission (for instance 3%) for every transactions through their gateway.
2. The payment will be credited to your account after a period of time (for instance 7 days).
3. The customer has the rights to claim back, so you need to have people to handle the claim back or claim process.
4. You need to have people to handle the shipment and logistic.

Basically, the payment gateway is capable to accept payment from:

Paypal transaction

You can receive paypal transactions and get paypal to transfer the money to Malaysia bank. However there are some rules you have to follow.

Below is sample when people make purchase from paypal.

Please contact us for more information, we can help you to figure out what works for you.