MOLPay

MOLPay is a multi-currency payment gateway in Southeast Asia that accepts cash payments for online purchases, through physical outlets.

MOLPay is a multi-currency payment gateway in Southeast Asia that accepts cash payments for online purchases, through physical outlets such as convenience stores and bookstores. It also facilitates making payments online using global credit cards, debit cards, charge cards, e-banking, and e-wallets. The gateway offers a wide range of e-commerce payment solutions, from online payment acceptance and processing to fraud management to payment security. In May 2012, Malaysian Electronic Clearing Corporation Sdn Bhd appointed MOLPay as its non-bank acquirer for its FPX service for online merchants. MOLPay has received various recognitions such as Merit Award in the MSC Malaysia Asia Pacific ICT Awards 2008 and MEPS FPX Most Outstanding Merchant 2009. MOLPay services comply with the global data security standard, Payment Card Industry: Data Security Standard (PCI DSS), and also, the Malaysian Payment System Act 2003. MOLPay was launched in 2005 by Eng Guan, Wee Oon, and Tan Jau. In 2011, it became part of the MOL Global Group, an internet company in Southeast Asia with offices in Malaysia, Singapore, Thailand, Indonesia, Philippines, India, Australia, and New Zealand.