Be Part of The Cashless Revolution
Accept all forms of cashless payment easily, quickly at low cost
How does FavePay help your business
Millions of Fave users
Gain exposure across 35 cities in Singapore, Malaysia & Indonesia
Easy settlement & reporting
View daily real-time transactions and discover sales performance anywhere
Zero upfront fees
1% flat rate, lowest in the market
How does it work?
All businesses that sign up for FavePay will receive a Starter Kit with marketing materials includes a QR code standee, glass sticker, wobbler, etc.
Customers scan your QR code from their mobile phone
Customers enter total bill amount and pay
Successful transactions will reflect on your FaveBiz account
As it is vital for businesses like mine to reward and hold on to our regulars, FavePay offers us a fuss-free option for a loyalty programme doubling as a payment method.
The collaboration with Fave has been Fantastic. FavePay seem like the best way and it has a very easy to use interface.
I think FavePay is very good and their marketing is fantastic. FavePay is so easy, you don’t need cash. You only need a mobile phone.
It is convenient for our customer, cashless and fast payment method!! For us, we made direct saving to our bank without need to go to the bank to bank in the money.
A. Favebiz App
You can see the daily recorded transactions by clicking ‘View Transactions’ then select the outlet. This will bring you directly to the Staff mode.
B. Favebiz Website
1. Click on the icon on the top right of the screen in the blue box.
2. Select ‘Switch to Staff’ from the dropdown.
3. You will then be brought to the Staff mode where you can see all daily transactions.
Partner’s revenue takeback for FavePay payments is calculated as below according to each country:
Revenue = Total Bill — (FavePay Cashback Earned + Fave Commission + SST on Fave Commission)
Effective Feb 1, 2020, all standard-rated sales and services tax (SST) in Malaysia will be increased from 0% to 6% in accordance with the Ministry of Finance Malaysia.
Revenue = Total Bill — (FavePay Cashback Earned + Fave Commission + GST on Fave Commission)
A Remittance Advice from Citibank will be sent to the email you have provided.
We recommend that you set up your POS system to have "FavePay" as a mode of payment, similar to how you set up "Cash" or "Credit Card" mode of payment. This will make it easy for you to differentiate and reconcile your payments.
For each transaction, always enter the bill amount to your POS system. You will receive a report detailing the breakdown for reconciliation. You may also retrieve detailed report under "Get Reports" section.