Transaction Fees (MDR)

SwiF packages are unique in the market because no matter what plan you choose, you get access to all collection and payment methods.

Your plan does not determine what you can access.

However the MDR or Merchant Discount Rate will vary based on the plan you have chosen.

Fee or Merchant Discount Rate

You will be charged a percentage on each transaction made using SwiF that we call a Merchant Discount Rate.

For example, if your credit card collection amounts to RM100, your SwiF settlement under the Enterprise Plan will be RM1.8, meaning you will receive RM98.2.

RM100 – (100 x 1.8%) = RM98.2

Submit A Request For Help or Report a Problem