How does credit card transaction work?
- The customer (you) shops at a merchant website and select credit card as a payment option during the checkout process.
- The customer enters the credit card details required at a secure payment page powered by the iPay88 gateway.
- The customer is required to enter a one-time password (OTP) at the bank’s page to authenticate the online purchase.
- The transactions will be sent through a secure credit card payment network for approval.
- The credit card issuer approves the transaction with an approval code.
- Payment has been made successfully to the merchant. All goods sold and delivered are NON-REFUNDABLE, RETURNABLE, EXCHANGEABLE without prior written approval.
Why “iPay88” name stated in my card statement?
We have appointed iPay88 as our third party payment gateway to process online
- Credit Card payments via iPay88 will be charged 3.5% on the total amount.