Mobile Payments in Malaysia

Malaysia: General Information

Population:

27,730,000 (2008)

Currency:

RM (1 RM = ~0.24 EUR)

More info:

Malaysia

Mobile operators:

Maxis, Celcom, DiGi

Mobile Operators Market Share

Billing:

MT-billing

Price (RM)	0.50	1.00	2.00	3.00	5.00	8.00	10.00
Mobile Payments / Premium SMS API Pay-by-Mobile Widget In-App Payments for Android	32%	32%	36%	36%	36%	36%	36%
SMS-info	27%	27%	31%	31%	31%	31%	31%

The table above shows your revenue after the operator's share, Fortumo commission and the costs of sending the users a reply SMS

Mobile operator takes a revenue share on each transaction for handling billing, collecting money and covering credit risk. The operators then pay the remaining money (usually between 40% and 60% depending on end-user price) to Fortumo. Fortumo pays you the money received from operators minus a small commission (which can be only 2-3% of net price, depending on country, type of service and volume). The table above shows your revenue after the operator's share and Fortumo commission.
Payout cycle in Malaysia is 3 months

Fortumo pays you money immediately after we have received it from the mobile operators. Operators in different countries pay at different speeds. Payout cycle of 3 months means that the revenue earned by your services in January will be transferred to you in the first half of May.
After the initial waiting period, you would get a payout each month, as your February money arrives in June, March money in July, etc.

January February March April May

1. Your services earn revenue
2. Operators pay money to Fortumo
3. Fortumo pays money to you

The service must be in compliance with Fortumo Terms of Service, Malaysian legal acts and good morals.
The end user price must be clearly stated in the advertisements and instructions of use.
The Communications and Multimedia Act prohibits content that is indecent, obscene, false, menacing or offensive in character with intent to annoy, abuse, threaten or harass any person, for the detailed Content Code.
Breaching the Content Code or MCMC's guidelines will result in an immediate SMS service termination and payout suspension. The service owner shall take full legal liability and penalty.
Adult (incl. erotics), lotteries, gambling and donation related services are strictly forbidden.
Multiple billing is not allowed.
Please note that Maxis service delay can occur up to 3 hours.