Online Payment Gateway not accept Credit Card anymore ?

Most of the Online Seller / merchant who is currently already accepted credit card is inform will not be able to accept direct credit card p...


Most of the Online Seller / merchant who is currently already accepted credit card is inform will not be able to accept direct credit card payments for the time being due to the new policy compliance required by Payment Gateways and Malaysia Bank.

This service has to be temporary suspended due to a new policy compliance which must be dealt with, caused by the amount of fraud activities involved in the entire e-commerce industry. However Payment Gateway has suggested an alternative for Seller to overcome this problem and at the moment Payment Gateway already has all the documents submitted for processing for each merchant to the bank

How long time for this will take is subject to approve because of each the merchant profile & document for their business model and product. 

As I know, In the meantime, payment via Internet Banking Funds Transfer/FPX is not affected. 

PayPal is not affected for this new policy compliance. So seller still can consider switching to PayPal or add this to your current online store payment option. Your customer still able to paid Credit Card (VISA / MASTER) via PayPal Payment channel or direct paid via PayPal account balance.  

PayPal tips: 
USD 1 will be charged by PayPal, which is a temporary authorization by PayPal to verify that the buyer’s credit card or debit card is in good standing. The pending charge will automatically be removed after the full amount of the purchase is processed.

Kindly take a look at the elaboration made by PayPal as below:
“The 1 USD charge is a temporary authorization by PayPal. To verify that the buyer’s credit card or debit card is in good standing, a temporary USD 1.00 charge might appear in buyer’s transaction history. The charge appears as ‘pending’ and is automatically removed after the full amount of the purchase is processed. It may take a few minutes or up to 30 days, depending on the card issuer, for the transaction to be removed and the USD 1.00 to be released to the buyer’s card. If the authorization charge remains on the buyer’s card after 30 days, you can suggest the buyer contact the card issuer.”

Related

PayPal Malaysia 2648914123090348239

Post a Comment

  1. The proceeds where split between, Cancer Research,
    Mc - Millan Cancer Support and Bart's Hospital East Wing, and dedicated to the memory of David's natural father Antonio Senezio, who
    died of cancer in 2007. A Canon Powershot s60 software also comes either
    for Microsoft Windows operating software or for the Mac operating software,
    so this means whatever operating software you use, you can be sure that your Canon Powershot s60 digital
    camera will work great for you. re photographing flowers, a captivating sunset, or your friends at the park, you can be confident that you.


    My site :: canon 6d

    ReplyDelete
  2. Only use your AC or Heater if it is absolutely necessary.

    The heat from the air moves into the cooled refrigerant.
    To save energy, the aim was for residents to program
    their schedules for regulating home temperatures, which
    proved to be complex and not popular in use.


    my web page nest thermostat

    ReplyDelete
  3. On can buy these online as well as form the retail stores as
    well. Because we're functioning off of absolutely nothing more than pure rumors and speculation, I might be looking at as well much into this and the i - Phone start has been and will carry on to be delayed for simple and extremely evident factors. The Samsung Galaxy S3 is, to begin with a LTE network compatible smartphone handset that is capable of handling speeds in the range of 30 to 60 mega bytes per second.

    Also visit my website; samsung s4

    ReplyDelete
  4. I have been surfing online greater than 3 hours today, but I never discovered any attention-grabbing article like
    yours. It's pretty worth sufficient for
    me. In my view,
    if all site owners and bloggers made just right content material as you probably did, the web might
    be a lot more useful than ever before.

    My web blog CrossFit rubber mats

    ReplyDelete

emo-but-icon

Follow Us

Hot in week

Recent

Comments

Side Ads

Text Widget

Connect Us

item