What is MOLPay? MOLPay Review

introduce

MOL is the largest electronic payment provider for online goods and services in Southeast Asia. Its physical channels cover 920,000 physical sales points in 13 countries across four continents. The company also has mobile and electronic channels, accepting online payments and credit card services from 94 banks around the world.

Main Business

MOL's main product is MOL Points, which can be used to purchase online game content, including Facebook game cards. Other businesses include MOLPay, an online content payment solution; MMOG.asia, an online game portal; MOLWallet, an online mobile payment system; MOLReloads, a digital content and prepaid phone card business, etc.

Features

1. Real-time transaction, which is the same as PayPal or credit card.

2. Non-credit card transactions cannot be charged back.

3. Cheap transaction fees. OneCard charges merchants around 6-7%.

4. No deposit or revolving deposit, while PayPal or credit cards generally have a certain transaction deposit and a 10% revolving deposit, which puts a lot of pressure on the merchant's capital turnover

Payment Process

1. After creating an order, the user selects MOLPay as the payment method

2. The page jumps to the MOLPay payment page, and the user selects a specific payment method, such as credit card or bank transfer

3. Complete payment

Covered countries

MOL has a certain market share in the following countries, such as Malaysia, Thailand, Turkey, the Philippines, Brazil, Indonesia and Vietnam.