FavePay allows your business to accept all forms of cashless payment easily, quickly at a low cost. 

For all transactions made through FavePay, there will be a charge of Fave Fee/MDR and Partner Cashback which is funded by merchants.


How is Fave Fee computed? 

Merchants will be charged a percentage(%) for each transaction made through FavePay by each customer, subject to the agreed charges in the contract.


How is the Partner Cashback calculated? 

Merchants will be charged the agreed cashback percentage(%) for each transaction made through FavePay by each customer, subject to the agreed charges in the contract.

Refer to the article below for more information:

**Note: 
* Fave Fees will vary from Malaysia & Singapore.

* If cashback rate is / more than 10%, Fave Fees will flat at 1% for both Malaysia and Singapore. Otherwise, for cashback rate less than 10%, Fave fees rate as below [subject to contract]:

Singaporeflag: Singapore: 1.8%
Malaysia  flag: Malaysia: 1.5%