How Credit Card Transaction Works?
How credit card transaction works?
Why is MOLPay's name stated in my card statement?
MOLPay is our appointed third party payment gateway to process online transactions.
Who is MOLPay?
MOLPay is a third party payment gateway that is being authorized to process payment transactions of credit cards, internet banking, e-wallet & cash payment. MOLPay is notified by BNM under Malaysia Payment System Act 2003. For more info, please visit www.molpay.com
How secure is MOLPay payment gateway?
All communications between you can MOLPay are encrypted using a 256-bit SSL connection. MOLPay services are scanned and certified by Hacker Safe & SiteLock everyday. MOLPay services comply with the global data security standard - Payment Card Industry: Data Security Standard (PCI-DSS). To protect both cardholder and merchant, MOLPay has implemented 3D-Secure environment (Verified by VISA & MasterCard SecureCode) for its credit cards payment processing. Besides, MOLPay does not store any cardholder's sensitive data and information.
What is 3D-Secure?
3D-Secure is a service facilitated by VISA and MasterCard that lets you transact online securely using your credit card. This service is available on our website. Both Verified by VISA (VBV) & MasterCard SecureCode (MSC) introduce password protection during an Internet purchase to authenticate the customer. The goal of VBV/MSC is to create the same trust and confidence amongst merchants and customers that exist in a face to face shopping environment.
What are the benefits of 3D-Secure?
VBV/MSC provides added assurance by authenticating you while using your Visa/MasterCard credit card to make payments online. You can be assured that any online merchant giving VBV/MSC service is a legitimate commercial entity. A private code means added protection against unauthorised use of your credit card when you make payments online.
How to get my password for 3D-Secure?
Most of the banks are leveraging on one-time-password (OTP) technology, allowing the card holders to receive the unique password via their registered mobile number with their credit card issuer. The way of getting the password may vary from bank to bank. For further clarification, please speak to the customer service officer of your credit card issuing bank.
VIP SHOPPERHow credit card transaction works?
| 1. | Customer (you) shops at www.BossVenture.com website and select credit card as payment option during checkout process. |
| 2. | Customer enters the credit card details required at a secure payment page powered by MOLPay gateway. |
| 3. | Customer is required to enter one-time password (OTP) at bank's page to authenticate the online purchase. |
| 4. | The transactions will be sent through secure credit card payment network for approval. |
| 5. | The credit card issuer approves the transaction with approval code. |
| 6. | Payment has been made successfully to merchant. |
MOLPay is our appointed third party payment gateway to process online transactions.
Who is MOLPay?
MOLPay is a third party payment gateway that is being authorized to process payment transactions of credit cards, internet banking, e-wallet & cash payment. MOLPay is notified by BNM under Malaysia Payment System Act 2003. For more info, please visit www.molpay.com
How secure is MOLPay payment gateway?
All communications between you can MOLPay are encrypted using a 256-bit SSL connection. MOLPay services are scanned and certified by Hacker Safe & SiteLock everyday. MOLPay services comply with the global data security standard - Payment Card Industry: Data Security Standard (PCI-DSS). To protect both cardholder and merchant, MOLPay has implemented 3D-Secure environment (Verified by VISA & MasterCard SecureCode) for its credit cards payment processing. Besides, MOLPay does not store any cardholder's sensitive data and information.
What is 3D-Secure?
3D-Secure is a service facilitated by VISA and MasterCard that lets you transact online securely using your credit card. This service is available on our website. Both Verified by VISA (VBV) & MasterCard SecureCode (MSC) introduce password protection during an Internet purchase to authenticate the customer. The goal of VBV/MSC is to create the same trust and confidence amongst merchants and customers that exist in a face to face shopping environment.
What are the benefits of 3D-Secure?
VBV/MSC provides added assurance by authenticating you while using your Visa/MasterCard credit card to make payments online. You can be assured that any online merchant giving VBV/MSC service is a legitimate commercial entity. A private code means added protection against unauthorised use of your credit card when you make payments online.
How to get my password for 3D-Secure?
Most of the banks are leveraging on one-time-password (OTP) technology, allowing the card holders to receive the unique password via their registered mobile number with their credit card issuer. The way of getting the password may vary from bank to bank. For further clarification, please speak to the customer service officer of your credit card issuing bank.
VIP SHOPPER – REGISTRATION; VIP SHOPPING PROCESS & CONVERSION
1. What is a VIP Shopper?
Anyone who is of legal age 18 years and above is entitled to be a VIP
Shopper at BossVenture.com and start saving more on exclusive online
deals from our e mall.
2. How to register as a VIP Shopper?
i. Login to BossVenture homepage www.bossventure.com , click on “Boss Lounge” and the Application Form menu will appear.
ii. Click on VIP Shopper Free Registration & fill up all the
required particulars in the form. Verify every confirmed particulars
entered and click on SUBMIT.
iii. A confirmation screen will appear indicating your registration with BossVenture is successful.
iv. You will also receive an email confirmation notifying you on
the successful registration and you will also receive a replicated
website under your userid name.
3. How does a registered VIP Shopper starts shopping online at BossVenture e-mall?
i. Just browse our website homepage and go to Products Mall or
Vouchers Mall and click on Non Peek categories to purchase the products
of your choice which are on display.
ii. Price of products displayed under Non Peek category is
offered at a fixed discount and the final offer is what you see as a
“Grab Price”.
iii. Peek Products category offers discount up to 100% through our
unique Peeking process and is ONLY offered to members of BossVenture
who are registered as Reseller Licensees.
iv. Purchases on Peek Products can only be done through “Peek
Credits” which can be obtained from Reseller who has introduced you to
shop at our e mall.
4. Can a registered VIP Shopper enjoys further discounts from the price offered in the e mall?
i. A VIP Shopper can only enjoy further discounts unless his/her status is converted to a Reseller Licensee.
5. How does a VIP shopper converts his or her status to a Reseller Licensee?
i. Kindly contact your Reseller (introducer) of BossVenture.com
or you can write in to the company directly for assistance.
ii. After converting to a Licensee, you will then have
accessibility to all the 3 malls ie. Products Mall, Vouchers Mall and
Special Mall.
6. Is there any fee involved when a VIP Shopper converts his or her status to a Reseller?
i. Only a one time licensee registration fee of USD250 and you
will also receive BossVenture’s replicated website with your preferred
name.
7. What payment transaction gateway is used upon a successful purchase of products in the e mall?
i. All purchases of the products can be paid through a “secured
payment gateway” or MOLPay by using either a credit/debit card, PayPal,
Union Pay, Allpay.com, Mobile Money, Ezybonds or any other banks or
financial institution which are registered with Boss Venture.
HOW TO REGISTER AS A RESELLER LICENSEE?
1. Login to company’s webpage www.bossventure.com, click on ‘Boss Lounge’ and the ‘Purchase Pin’ menu will appear.
2. Click on ‘Reseller Licensee’ and a new page ‘New Reseller Licensee Payment Details’ appears.
3. Fill in all relevant particulars and click ‘PAY’.
4. A new page appears confirming your payment details, you then click ‘CONTINUE’
5. The ‘Secure Online Payment’ (MOLPay) page appears, click on ‘Payment Options’ on the top right
corner and you then choose the related option of payment.
6. Key in all required particulars as requested by your bank and click on ‘Pay Online’ below.
7. MOLPay will then send an email confirmation to Licensee on the successful payment transaction.
8. You will be given a Reseller PIN Code which will be sent to you via email.
9. Upon receiving your Reseller PIN Code, please login again to webpage www.bossventure.com,
click on ‘Boss Lounge’ and you will see the ‘Application Form’ menu.
10. Next, click on ‘Reseller Licensee’ menu and the ‘Reseller Registration Form' page will appear,
Please key in all your particulars on the sub-header of
- Personal Details
- Contact Details
- Network Details
When you have furnished all your details, please click “Submit”. Your registration process is COMPLETED.
