Transaction Fees for senangPay Package

A. 2.5% , Credit & Debit Card

The 2.5% charge is the charge that senangPay charges the merchant on every credit or debit card transaction. For example, if the transaction is RM100.00, then senangPay will charge 2.5% from this RM100.00, which is equivalent to RM2.50. Thus, merchants will receive RM97.50 on the scheduled settlement pay out. Please take note that this is a simple calculation without GST.
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B. 1.5%, FPX 

The 1.5% charge, is the charge that senangPay charges the merchant on every Internet Banking (FPX) and e-Wallet transaction. Meaning, any transaction that the customers make through locally supported banks such as Maybank2u or CIMB Clicks, senangPay will charge 1.5% per transaction, regardless of how much the transaction amount is. For example, if the transaction is RM100, then senangPay will charge RM1.50 on this transaction. Thus, the merchant will receive RM98.50. Please take note that this is a simple calculation without GST.

 

C. 1.5%, e-Wallet

senangPay charges a 1.5% fee to the merchant on every e-Wallet provider; Touch ‘n Go & Boost payment transaction. This feature is only applicable for the Advanced and Special package subscriber.

 

D. 1.8%, Credit & Debit Card for Special Package

senangPay charges a 1.8% fee to merchants who are Special Package subscriber on every credit / debit card transaction.

 

Transaction Fees for senangPay X Stripe Package

A. What is 2.1% or 3.85% rate? 

The 2.1% and 3.85% charge is the charge that senangPay charges the merchant on every credit or debit card transaction :

CurrencyLocal CardForeign Card
MYR 2.1% + 0.503.85% + 0.50
USD2.1% + 0.303.85% + 0.30
EUR2.1% + 0.303.85% + 0.30
IDR2.1% + 35003.85% + 3500
THB2.1% + 103.85% + 10
JPY2.1% + 283.85% + 28
AUD2.1% + 0.403.85% + 0.40
GBP2.1% + 0.203.85% + 0.20