In today’s digital world, online payments have become a vital part of any business. With a plethora of payment gateway options available in Malaysia, it can be daunting to choose the right one. However, by understanding your business needs and the features offered by various payment gateways, you can select the perfect one. In this article, we will discuss how to choose the right payment gateway for your Malaysian business.
Company Incorporation in Malaysia
Before accepting online payments, a business must first be registered with the Companies Commission of Malaysia. Company incorporation in Malaysia is a crucial step to ensure legal compliance and credibility. It provides a separate legal entity for the business, making it easier to accept online payments.
SDN BHD Registration
For businesses looking to incorporate, SDN BHD registration is the most common and preferred option. It provides limited liability protection to shareholders and ensures continuity of the business. SDN BHD registration is necessary to open a corporate bank account, which is required to accept online payments.
Understanding Payment Gateways
A payment gateway is a technology that facilitates online payments by connecting the merchant’s website to the customer’s bank. Before choosing a payment gateway, consider the following features:
- Security and Fraud Prevention
- Payment Methods
- Transaction Fees
- Integration
- Customer Support
Top Payment Gateway Providers in Malaysia
- IPay88
- Billplz
- MOLPay
- SenangPay
- eGHL
Seek Professional Assistance from 3E Accounting Malaysia
Choosing the right payment gateway for your business can be a challenging task. Seeking professional assistance from a corporate service provider like 3E Accounting Malaysia can help you make an informed decision. Their team of experts can guide you through the process of company incorporation in Malaysia and help you select the right payment gateway for your business.
