PAYMENTS

Be Part of The Cashless Revolution

Accept all forms of cashless payment easily, quickly at low cost

visa@3x-1masteer@3xalipauy@3xgrab-pay@3xboost@3x

How does FavePay help your business

fave-millions-1

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

settlement-1
zero-upfront-1percent

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.

favebiz-payment-1@3x

STEP 1

Customers scan your QR code from their mobile phone

favebiz-payment-2@3x

STEP 2

Customers enter total bill amount and pay

favebiz-payment-3@3x

STEP 3

Successful transactions will reflect on your FaveBiz account

Quick hack:

Adding Cashback to your FavePay will increase returning customers by 70%

Learn more >

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.
Jake Pang
Managing Director, Wafuken
The collaboration with Fave has been Fantastic. FavePay seem like the best way and it has a very easy to use interface.
Tara Tan
Chief Marketing Officer, Xixili

我觉得FavePay很好，因为Fave公司现在做的宣传超级给力。然后我觉得FavePay很容易，它不用cash，只要一个手机就好了。
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.

Coco Wang
Founder of Skin Labo
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.
Amirul Hakimi Ali
Manager of Ali Roti Canai Tsunami

 

How to get started?

Sign up and activate FavePay now

Get Started
 
Need help? Get in touch

FAQs

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:

Malaysia

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.

Singapore

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.