The online fees will be charged based on the currency of your ticket and the total amount per transaction in your event.
For Ringgit Malaysia
a) Category A: For Transaction Amount RM 49 and below
i. Online Fees: RM 1.50
ii. SST: 8% applied to the online fees
Example:
Ticket Price: RM 40.00
Online Fees: RM 1.50
SST: 8% x RM 1.50 = RM 0.12
iii. Amount going to be transfer to client: RM 38.38 (RM 40.00 - RM 1.50 - RM 0.12)
iv. Total online fees & SST: RM 1.62 (RM 1.50 + SST: RM 0.12)
b) Category B: For Transaction Amount RM 50 and above
i. Online Fees: 3% of the Ticket Price
Example:
Ticket Price: RM 100.00
Online Fees: 3% x RM 100.00 = RM 3.00
ii. SST: 8% applied to the online fees
Example:
Ticket Price: RM 100.00
Online Fees: 3% x RM 100.00 = RM 3.00
SST: 8% x RM 3.00 = RM 0.24
iii. Amount going to be transferred to client: RM 96.76 (RM 100.00- RM 3.00 - RM 0.24)
iv. Total online fees & SST: RM 3.24 (RM 3.00 + RM 0.24)
For US Dollar
Online Fees: (5.5% x Ticket Price) + USD 0.30
*Online fees for foreign currency transactions are based on the applicable daily exchange rate and may vary due to daily currency rate fluctuations.
The SST will be applied to the online fees for Malaysian Companies
For Singapore Dollar
Online fees: 5.5% x Ticket Price) + SGD 0.30
*Online fees for foreign currency transactions are based on the applicable daily exchange rate and may vary due to daily currency rate fluctuations.
*The SST will be applied to the online fees for Malaysian companies or events conducted in Malaysia.
DISBURSEMENT
We will disburse the ticket collection on monthly basis. The disbursement will take place on 10th of each month. If it fall on public holidays, the disbursement will take place on the next working days.
You will require to provide this information to us in order for our finance to transfer the amount:
Bank Name:
Bank Account Number:
Account Holder Name:
ROB/ROC No (for business entity):