1) Are there any payments to be made upon registering?
Yes. There is a registration fee charged to you only upon the successful 100 transactions. A registration fee of RM100.00 (for Retailer) or RM300(for Corporate ) plus a stamp duty of RM10.00. If the Merchant is using a NONpartner bank there would be a RM10.00 inter-bank transfer fees charged monthly.
2) If I have 5 branches and would like to sign up all of them, what will the registration fees be?
Mobile Money will charge you 5 times the registration fees, but the stamp duty of RM10 will be only per company and not per outlet. The inter-bank transfer fees would depend on the company itself meaning if the outlets are also using the same account number then the charges for the inter-bank transfer fees would be a one charge only on a monthly basis. Under the circumstances that the main company provides us with 2 or more account numbers and all are not of our partner banks then the inter bank transfer fees would be charged for each bank account monthly.
3) Can I register via Mobile Money website?
You may download the application form from the website and you would need to complete the form and mail it back to Mobile Money with all the required supporting documents stated in Questions 4.
4) What are the necessary supporting documents required?
Company (Sdn Bhd)
Partnership
Sole Proprietor
- Form 24
- Form 49
- Form 9
- Director's Resolution Click here for Sample
- Latest bank statement*
- Business registration certificate
- Letter of consent to Act
- IC/Passport
- Latest bank statement*
- Business registration certificate
- IC/Passport
- Latest bank statement *
For Individual
- IC/Passport
- Latest bank statement *
*Only First Page, for verification purpose
5) What are the requirements to register as a Mobile Money Merchant?
Any merchants with a legal business license can register with Mobile Money.
6) How do I register to be a Mobile Money Merchant?
Step 01
Download, print and fill the Merchant Application Form & Agreement .
Next, simply prepare the mandatory documents that are listed in the form. If you are not sure, always refer back to Question 4.
Step 02 Complete it and mail the form with the mandatory documents (as stated in Question 4) to Mobile Money at
Attn: Merchant Care - Application
Mobile Money International Sdn Bhd
Lot 23-24, 2nd Floor, IOI Business Park,
47100 Puchong, Selangor, Malaysia.
Alternatively, you can submit to their office at Lot 23 - 24, 2nd Floor, IOI Business Park, 47100 Puchong.
This page is for information purpose only. For latest news and update on Mobile Money, always refer to the official website at http://www.mobile-money.com.