Online Payment Solutions are services that facilitate payments for various goods or services via an electronic medium without using cash or cheques. These solutions are also known as e-payment systems or electronic payment systems. Key factors driving the growth of online payment solutions include improved security with online payments, the rise of payment gateways and e-wallets.

How It Works

A payment gateway acts as an intermediary between the business owner and a customer, ensuring a secure and prompt transaction. It enables efficient online payment transactions, as it simplifies the manner in which business owners integrate the necessary software for payment processing. The gateway also acts as a gatekeeper that manages a customer’s card payment details.

Without the payment gateway, consumers who use credit or debit cards used to make purchases are exposed to fraud. Without the necessary technology to reduce access to fraudsters, both the consumer making a purchase and the business they purchase from are at greater risk.

For online business owners, the gateway transmits information from the business owner to the acquirer and the issuing bank. It uses data encryption to protect sensitive data on the card and stave off security threats.

In addition, to reducing the potential for fraud, the payment gateway acts as a guard that warns of expired cards, a lack of funds for payment, closed accounts or credit limits that have exceeded the threshold.

How It Works

A payment gateway acts as an intermediary between the business owner and a customer, ensuring a secure and prompt transaction. It enables efficient online payment transactions, as it simplifies the manner in which business owners integrate the necessary software for payment processing. The gateway also acts as a gatekeeper that manages a customer’s card payment details.

Without the payment gateway, consumers who use credit or debit cards used to make purchases are exposed to fraud. Without the necessary technology to reduce access to fraudsters, both the consumer making a purchase and the business they purchase from are at greater risk.

For online business owners, the gateway transmits information from the business owner to the acquirer and the issuing bank. It uses data encryption to protect sensitive data on the card and stave off security threats.

In addition, to reducing the potential for fraud, the payment gateway acts as a guard that warns of expired cards, a lack of funds for payment, closed accounts or credit limits that have exceeded the threshold.

Growing Potential in the Local Market

Despite years of accelerated growth, there is still room for the e-commerce market to expand. Currently, under half the Malaysian population does not shop online. There are potentially 16 million untapped
e-shoppers.

Malaysia has a young population, at an average age of 28.7 years. About 44.2 percent of the population are aged 24 and under. This offers the potential for more customers who are technologically inclined, as the younger population experiences a greater level of exposure to digital technology.

Internet penetration in Malaysia measures at 80%, with the government planning to raise this to 90%. This is a significantly larger percentage compared to most other South East Asian nations.

Growing Potential in the Local Market

Despite years of accelerated growth, there is still room for the e-commerce market to expand. Currently, under half the Malaysian population does not shop online. There are potentially 16 million untapped
e-shoppers.

Malaysia has a young population, at an average age of 28.7 years. About 44.2 percent of the population are aged 24 and under. This offers the potential for more customers who are technologically inclined, as the younger population experiences a greater level of exposure to digital technology.

Internet penetration in Malaysia measures at 80%, with the government planning to raise this to 90%. This is a significantly larger percentage compared to most other South East Asian nations.

Benefits for Business Owners or Merchants

Saves Time

Increases Effiency

Reduces the need for cash

Better Security

Generates increased revenue

Simple administration

Payment Certainty

Benefits for Business Owners or Merchants

Saves Time

Increases Effiency

Reduces the need for cash

Better Security

Generates increased revenue

Simple administration

Payment Certainty

Benefits of Electronic Payments to Customers

Smoother Payment Processes

Increases Security and Confidence

Added
Convenience

More
Hygienic

Better
Experience

Our Approach

Although there are a variety of online payment solutions, we cater to clients who are interested in having their own payment gateway solution. We provide support for the entire payment solution process, for any solution, faster than any other company.