Ecommerce: Payment Methods (Malaysia)

Introduction

Do refer to this guide to learn more on how payments work for the Online Store, for both you (the merchant) and your customers!

What's covered in this article:

1. How can my customers pay for items purchased on my Online Store?
2. How much does StoreHub charge for having an Online Store?
3. How to Get Started (Merchant)

1. How can my customers pay for items purchased on my Online Store?

i. Payment Methods

StoreHub currently supports FOUR (4) payment methods your customers can use to make purchases, which are Online Banking, Cards payment, Boost & Touch'n Go eWallet. 

There is a payment gateway fee of RM0.70 for Online Banking, 1.5% for eWallets, and 1.8% for Credit Card. 

ii. Payout Frequency
The frequency/timing of the payout will be every week.


2. How much does StoreHub charge for having an Online Store?

5% for users of the Lite or Small Plan
2% for users of the Advanced  Plan
0.5% for users of the Pro Plan

Here's a table for reference on the StoreHub Transaction fees:

3. How to Get Started (Merchant)

All the payment methods above are enabled by default. You only need to setup your Bank Account in order to receive the payout for sales you made online.

Click here to learn how to setup your Bank Account.