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Initiate MOL SafePay
The buyer or the seller may initiate a MOL SafePay transaction by logging in to MOL SafePay with their MOL Member account. If you do not have an existing MOL Member account please click here to register.
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Buyer and Seller Agree to Transaction Terms
After the transaction is created, MOL SafePay will contact the other party to review the terms of transaction. The transaction will proceed once both parties agreed to the terms.
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Buyer Pays MOL SafePay
The buyer must make payment to MOL SafePay either through MOL Freedom, Maybank2U.com or cheque. The payment includes RM2 or 2% of the total purchase price inclusive of shipping, whichever is higher, if the MOL SafePay fee is borne by the buyer.
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Seller Ships Merchandise
After MOL SafePay confirms the good’s fund from the buyer, MOL SafePay will instruct the seller to ship the merchandise.
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Buyer Accepts the Merchandise
Once the buyer receives the merchandise, they will then approve the payment by notifying MOL SafePay.
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MOL SafePay Pays the Seller
MOL SafePay will pay the seller immediately by crediting their MOL Freedom card once the buyer approves the payment. If the MOL SafePay fee is borne by the seller, RM2 or 2% of the total purchased price inclusive of shipping, whichever is higher will be deducted from the amount credited to the seller.
MOL SafePay provides a peace of mind when trading online and it reaches out to more potential buyers by eliminating fears and doubts of fraud. Remove the risk for online auctions between two unknown parties and trade and pay in a secure environment.
MOL SafePay’s instant electronic escrow-based payment solution is fast, accurate and efficient secured payment method. No more waiting to get paid. Once the buyer confirms the receipt of merchandise, the seller’s MOL Freedom card will be credited immediately.
Protection for both Buyer and Seller
- Buyer receives the merchandise they paid for.
- Seller receives payment for the merchandise they shipped.
Buyers
From time to time you will find bargains and offers that are too good to be true (which can be true by the way) on the Internet, such as on eBay. But you don’t know the seller, and you may have doubts and fears of trading with an unknown party. With MOL SafePay, you receive the merchandise before the seller is paid.
How Buyers are protected
- Packages are tracked and verified when delivered.
- Seller is not paid until Buyer accepts the merchandise or the inspection period expires.
Sellers
Shipped only after MOL SafePay verifies funds and protect yourself from payment fraud while offering a peace of mind to your buyers. Sell on auction sites and offer MOL SafePay as a payment option and reach out to more potential buyers.
How Sellers are protected
- Shipped only after MOLSafePay verifies funds.
- Confirmation when Buyer receives merchandise.
For a peace of mind, trade online today with MOL SafePay. Start now by logging in to http://www.mol.com/safepay with your MOL Member Username and Password.
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