What are the fees and charges for using Partner PayFlex?
Wakalah Fee
• For transactions of RM100 or more, the fee is RM10.
• For transactions below RM100, the fee is RM5.
Profit Rate
2.5% of transaction amount. Payable on each instalment due date.
Minimum Transaction
Minimum transaction amount per purchase is RM10.
Example:
Transaction Amount: RM1,000
Instalment details:
1st-month Instalment
- 1st Instalment Amount = RM333.33
- Wakalah Fee = RM10
- Profit Rate (2.5%) = RM25
2nd-month Instalment
- 2nd Instalment Amount = RM333.33
- Profit Rate (2.5%) = RM25
3rd-month Instalment
- 3rd Instalment Amount = RM333.34
- Profit Rate (2.5%) = RM25
Total Payment Amount: RM1,085