Online payments Lolyco.com accepts online payment via PayPal. The advantages of using PayPal are security for our customers, instant completion of purchase and low cost for us - which we pass on as low prices for you! To pay by credit card, just add items to your online shopping cart, then click on the checkout button to complete your purchase. The last step takes you to PayPal's secure payment site. It's easy to sign up for a PayPal account if you need one, and it will make online shopping easier and more secure for you in the future.Prices in RM, pay in GBPPaypal charges Lolyco.com a per-transaction charge that is far cheaper than any Malaysia Ringgit credit card processor charges. The drawback is that PayPal does not operate in Malaysia Ringgit. All prices on Lolyco.com are in Malaysia Ringgit. The Lolyco.com checkout will show you a total in Malaysia Ringgit. Paypal will charge you a UK Pounds Sterling amount. We use an up-to-date exchange rate, but your bank may use a slightly different rate. Your bank may also add a currency conversion charge, but these charges are usually quite small (around 1%). You can check your checkout amount by visiting Maybank2u or XE.com, or, for example if your order total is 168RM, you can type 168 myr in gbp into the Google search box. The important thing to understand is that the amount billed to your credit card may differ from the total amount of your order. The difference due to the currency exchange will usually be less than 1%, sometimes in your favour, sometimes in ours. Other paymentsWhile we prefer online payment, we can accept a payment direct to our bank. Simply place your order online and choose the Pay direct to bank option. How you actually transfer the money is up to you. If you have online banking with a Malaysian bank, this may be the most convenient and quickest method. If you do not have online banking, then visiting your local Maybank branch with cash or a cheque and asking them to credit our account is also relatively painless.
Our bank details are:
Maybank
Loly Enterprise
505046119922
Paying by Telegraphic Transfer (TT) from outside Malaysia
We don't recommend this as a payment option. TT charges can be expensive (Netherlands 7EUR, UK 20GBP - let us know what your bank charges). Most banks offer the option to deduct the TT charges from the amount transferred. Customers paying by TT must pay the TT charges in addition to the order amount, so that the total order value is credited to our account at Maybank in Malaysia. We will not ship orders unless the total amount of the order has been paid.
We prefer payments made via PayPal because we are notified of the arrival of the payment, and we can process your order immediately. If you choose to pay by direct bank payment, we cannot deliver your order until we have confirmed that payment has been credited to our account. |