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SIDEC LIVE STREAMING - EC 201: Payment Gateway & E-Wallet

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SIDEC LIVE STREAMING - EC 201: Payment Gateway & E-Wallet

About this event

Most of us have heard terms such as e-wallet and payment gateway before. As they are all connected to online payments, it is common to see people using them interchangeably, and that causes confusion for merchants venturing into the e-commerce world.

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About this class

What is a Payment Gateway?

A payment gateway is the online equivalent of PoS machines. That means, essentially, that a gateway works as a bridge between the website and the card acquirers or banks, providing the technical solution that authorizes card payments. When using a payment gateway, merchants are required to establish a contractual relationship with banks and card acquirers, as well as with the gateway provider.

What is a E-Wallet?

E-Wallet is the online equivalent of a physical wallet. It refers to an electronic device or online service consumers can use to make electronic transactions. Users can securely store their bank information and card details in the e-wallet system. Additionally, they can also fund their wallet account and use that money for payment transactions.

Regardless of its type, an e-wallet is a payment method. A payment gateway on the other hand, works as a channel for the payment transaction between the buyer and the seller. Therefore, consumers can choose to pay via digital wallet, but the website will still need the gateway to complete the transaction.

We bring you experts from the world of e-commerce to share with you helpful tips and knowledge that you can apply for your e-commerce business.

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Key takeaways

  • Advantages and disadvantages of e-wallets and payment gateway.
  • Recommended payment gateway and e-wallets you should focus on.
  • How to get started with setting up your own payment gateway?

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Agenda

  • 14:00 Introduction to Sidec
  • 14:05 Speaker 1 - Heliziana Madzin from PayNet
  • 15:05 Speaker 2 - Gimmy Ong from ipay88
  • 15:30 Speaker 3 - Kenneth Kuan from KiplePay

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Who should watch?

Online sellers, e-commerce service providers, SME businesses, retailers, chain stores, entrepreneurs, university graduates and anyone interested in the e-commerce industry.

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Enquiry

Website: http://bit.ly/sidececclass2021schedule

Email: info@sidec.com.my

Tel: 03 - 55218580

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TERMS & CONDITIONS

This event is free of charge and below are some reminder for you.

1) Live streaming

The live streaming session will start at 2.00 pm sharp. Make sure to get ready 5 minutes before :). We will email and SMS you the live streaming link. So you won't miss it.** Make sure your email and phone number are correct.

2) Q&A

You can ask questions during the live streaming session in the comment section.

3) Sidec EC Info Group

Join Sidec EC Group Info Whatsapp Group and get notified about Sidec E-Commerce Programs. Click the link to join: https://chat.whatsapp.com/EjIFN6Aj7To6rKKFODltJd

4) Like, Follow & Share

Don't forget to like & follow the Sidec Facebook page and share about this virtual class. :)

So, I sincerely hope you do not give this a miss as especially if you are still new in the e-commerce industry. Thanks for reading this and I'll see you soon!

Best regards,

Sidec E-Commerce Division

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Have a look at the upcoming live streaming class below:


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Organizer Sidec Selangor

Organizer of SIDEC LIVE STREAMING - EC 201: Payment Gateway & E-Wallet

The Selangor state government has decided to rebrand SITEC as SIDEC (Selangor Information Technology & Digital Economy Corporation) Sdn Bhd – a full-fledged government-linked company, effective Jan 1, 2021.

SIDEC aims to lead the digital transformation of Selangor as ASEAN’s digital hub through these objectives:

1. Nurturing Selangor digital talents, narrowing the digital divide

2. Accelerating Selangor startups to become regional tech icons

3. Empowering Selangor businesses and SME digitalisation

4. Encouraging Selangor digital investment and emerging technologies.

SIDEC is committed to creating an innovative digital ecosystem that will inspire new talents to pursue their dreams fearlessly, to build significant regional technology companies with lightning-fast speed, that will propel Selangor to become the digital hub of Southeast Asia.

The company was established in 2015 to develop Selangor as the regional trading hub for e-commerce and to uplift the startup ecosystem within the state.

Five years since its inception, it generated a Gross Merchandise Value (GMV) of RM334.37 million through its various high-impact programmes.

SIDEC has successfully onboarded 650 e-commerce merchants and trained more than 9,000 SMEs and individuals who wish to make sales online through its E-Commerce Class, Master Class, Online 100 and Brands 100 programmes.

SIDEC has also nurtured 90 startups from the three cohorts of the Selangor Accelerator Programme (SAP) and organised 3 Pitch@Selangor sessions, as well as making pitching and industrial visits to the Silicon Valley. SIDEC also reached out to more than 600 Micro-SMEs from municipals in Selangor through the popular Jelajah Usahawan Digital.

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