labuan payment gateway. 2. labuan payment gateway

 
 2labuan payment gateway  Financial Park Complex

The Covid-19 pandemic took the world of eCommerce by storm, as online sales hit $5. (LFSA Company No. Corporate tax in Labuan is levied only on trading companies at 3% of audited net profit for income sourced outside Malaysia. Labuan Bajo is a small town located on the western tip of Flores island. 22, 2021 /PRNewswire/ — Labuan International Business and Financial Centre (Labuan. There are 3 operators running ferry services connecting Labuan island to Sabah, Malaysia & Brunei Darussalam. Labuan (/ l ə ˈ b uː ə n /), officially the Federal Territory of Labuan (Malay: Wilayah Persekutuan Labuan), is an island federal territory of Malaysia. With fraud consistently on the rise, payment gateways help minimize your risk and protect. 6. By. Razer Merchant Services (RMS) – formerly known as MOLPay. Benefits of Opening a Labuan Offshore Bank Account. The e-payment portal at IRBM website enables taxpayer to pay income tax through FPX gateway. A global presence, a huge array of plug-ins for website integrations, and low transaction fees are just some of the many reasons to integrate with Stripe. STICPAY, a leading global e-wallet service provider and payment gateway, has acquired two new financial services licences that enables it to. 30). Authorize. Anytime support. User need to register for internet banking service with any commercial banks listed as FPX associate. 8% or min. Customer selects his favourite UPI App on the checkout page. Belfrics International Limited. Since payment gateways are the digital versions of banking services, several banks provide online payment processing services. Cashfree Payment Gateway. Two payment gateways, plus international options: $500 for select high-risk merchants: No standard fee; must contact for a quote: View More: Soar Payments: 3. 3. The alternative is a direct integration with a merchant services provider, such as Stripe or. Net, Square, Amazon Pay, 2Checkout, Braintree, and Helcim stand out as the best gateways with these qualities. Telr is among the most well-recognized names in the UAE market. Minimum amount of annual operating expenditure in Labuan: Labuan insurer, Labuan reinsurer, Labuan takaful3 operator or Labuan retakaful4 operator. Comparison between IBC and Snd Bhd. 8. We are experienced, professional, committed and we specialize in arranging tour packages of Komodo and Flores islands. Each payment gateway has its own unique costs. Step 2: Application of Labuan Investment Banking License. The ferry, which is fully operated by Double Power Sdn Bhd, is also one of the options for travellers who wish to go to Brunei Darussalam from the Kota Kinabalu city. 2 Labuan FSA may specify and direct other Labuan financial institutions that undertake DFS to observe the requirements of the Guidelines where relevant. Finally, as soon as you get full access to your account, you can make your first transactions. Labuan IBFC, Key Digital. Step 1: Choosing the form of legal entity. STICPAY's payment gateway service for merchants is: Secure: Merchants and customers are monitored with strict KYC (Know Your Customer) and AML (Anti Money Laundering) checks. Revocation FIRST SCHEDULE SECOND SCHEDULE THIRD SCHEDULE FOURTH SCHEDULE FIFTH SCHEDULE SIXTH SCHEDULE LIST OF AMENDMENT At Komodo Touristic, you are able to choose any Komodo tour options. Well, you should easily recognize PayPal, which has e-commerce veteran status and is one of the most widely accepted digital payment methods for North American. A Payment Gateway creates a secure pathway between a customer and the business to facilitate payments securely. Akurateco. 0%. T Labuan, Malaysia; clients(at)labuancompanyformation. While bargaining is common, you can avoid this by using online ojek services, which display a fixed price for your destination. Incorporating a company in Labuan is the same concept as incorporating your company in Malaysia. Compare airfares and book tickets with lowest price on different airlines in real time 24 hours. Maintaining and improving theworks and services provided. Financial Services. Amazon Payments. Out of the total number of DFS providers in Labuan IBFC, the majority were licensed to provide digital currency trading platform, issuance of digital token and e-payment system or e-wallet. Learn more: merchant account vs payment. Self-hosted payment gateways collect payment information directly on the merchant’s website. Allowing digital financial services (DFS) firms to operate within a live market environment, anchored on innovation, intermediation and financial inclusion. The guidelines are deemed to be effective from YA 2020. L4-E-2, Level 4, Enterprise 4, Technology Park Malaysia, Bukit Jalil, 57000 Kuala Lumpur. The city is also the main gateway to start the Komodo island tour. 18. Labuan IBFC’s debut as a digital friendly jurisdiction began in 2017 with just one licence and has since expanded with a wide range of digital businesses. It is an accepted payment gateway in more than 203 countries. This process ensures that personal private details are passed securely between the customer and the merchant. Users need to have an internet banking account with any bank participating in FPX. Applicant may also submit a soft. k. These include digital-banking, insurtech business to digital intermediaries such as Robo-advisors, digital asset exchanges, crypto trading platforms, blockchain tokens. USD13,000/RM40,000 14. com. Stripe: Best For Customization & Expandability Options. It securely validates the payment information entered by the customer and. 22, 2021 /PRNewswire/ — Labuan International Business and Financial Centre (Labuan. Authorize. Tricor Trustco (Labuan) Ltd Kuala Lumpur Marketing Office (LL04014) Unit 31-01, Level 31, Tower A, Vertical Business Suite, No. M & K Labuan is a well known 2d payment gateway provider for businesses and NGO which allows them to accept payments globally. While the payment gateway moves encrypted data around, the payment processor essentially moves funds from one account to another. Alert prepared by Vanessa Ho (Associate) of the Corporate Practice of Skrine. Transaction fees from 2. Tricor Trustco (Labuan) Ltd Kuala Lumpur Marketing Office (LL04014) Unit 31-01, Level 31, Tower A, Vertical Business Suite, No. 5. It is currently one of the most popular online payment gateways. Fondy, PayPal, Authorize. The investor should also provide a business plan, detailing the activities. The payment gateway connects your customer's card information to their issuing bank. It already accepts payments from more than 100 countries and is expanding rapidly. Payment gateways can be used for both websites and mobile apps. Cashfree Payments is one of India’s leading payments and API banking companies. com. Labuan Business Activity Tax 13 (3) For the avoidance of doubt, the net profits referred to in. A payment gateway is a technology that facilitates the integration of credit card and debit card payments into websites and mobile applications. These e-payments can be made online or offline via a website or at an actual brick and mortar retail. Depending on the categorization, different tax treatments will be afforded to the said Labuan entity. Price: If you need to get around Labuan Bajo, you can rely on conventional ojek drivers who typically charge rates starting from 10K IDR or 0. Unpaid taxes will affect the price of the property. FACILITIES: Indoor and outdoor seating, card payment facilities, wifi. of Pages: 152. Extend the Payment Gateway platform via APIs for third party integrations for features like payment anomaly detection, customer insights, and more. A payment gateway is the “virtual” equivalent of a physical credit and debit card reader. MB/21/0078). Save your money with discount and. The differences between IBCs and Snd Bhd companies in Labuan will determine the business direction of a foreign entrepreneur in Malaysia. L. There’s plenty to explore for adventurers and holiday-makers alike. 2. 30 per transaction. The 2 most common e-Payment / e-Wallet Payment Gateways are: Sole Dealer Payment Gateway; Joint Community Payment Gateway [Find out more at Labuan Cryptocurrency Exchange License and Labuan Credit Token License] The advancement in fintech and blockchain technology can introduce a whole new advanced electronic payment system, also known as a payment gateway, in which the most recent one is the E-Wallet, to the mass market consumer at a lower cost. One of the key benefits of a payment gateway is that it increases security for both the customer and the business. Selain itu, terdapat manfaat lain yang dimiliki: 1. Access your funds from AceWallet anytime, anywhere on the go! Download Exchange Convert Transfer Security Crypto CEFI THE RIGHT PLACE TO EXCHANGE. Pay your invoice / bill online. ANZ Worldline. A payment gateway is the “gateway” between merchant and payment processor and is responsible for obtaining the customer’s credit card information and payment data from the merchant. A payment gateway is what businesses and merchants use to accept credit or debit card purchases from customers. No setup or monthly fees for Payflow Link. The 42nd ASEAN Summit in Labuan Bajo resulted in various agreements among country leaders in the region. 2. Supports payments in multiple currencies. Please find below the non-deduction of payment made by a tax resident of Malaysia to a Labuan company: 25% for the interest payment; 25% for lease payment; 97% for other kinds of payments. Payment Gateway: A means of authorizing credit card or other forms of electronic payments. Your Payfast account. address: lot f1, first floor, labuan international ferry terminal, jalan merdeka, 87000 w. net offers gateway-only pricing. Authorize. U. RBL Bank customers can now pay for online purchases of goods with the help of gateway provider via direct debit to their savings/current a/c’s. The key to this approach is that Labuan Financial Services. “The DFS in. Payment applications such as the ATM card, e-cash and e-pos will be combined onto a single chip-based card. Foreign tax paid may be credited against Malaysian tax on the same profits (limited) to 50% of foreign tax in the absence of a tax treaty). Ilustrasi payment gateway. Stripe – Best for reporting. The signing of the MoU was witnessed by Datuk Iskandar Mohd. RM3,000,000 (US$750,000) Labuan bank, Labuan investment bank, Labuan Islamic. A summary of the description of Labuan business activities and its tax. Labuan IBFC to be Asia's Leading Digital-Based Financial Gateway with Islamic Finance Capabilities PR Newswire KUALA LUMPUR, Malaysia, Oct. AltPayNet specializes in white-label payment gateway solutions, SaaS payments, operational consulting, risk management, and cybersecurity services and solutions. Being the gateway for your transactions, Payflow allows you to use one. 1. Bank SwiftCode and Rentas Code Delivery Shipping FPX GST Malaysia Malaysia Bank Malaysia Payment Gateway MYCYBERSALE Online Business Tips Online Store Case. A payment gateway is what keeps the payments ecosystem running smoothly, as it enables online payments for consumers and businesses. You can accept both online and offline payments using this payment gateway via cards and other payment methods. A payment gateway is a type of payment service provider (PSP) that notifies you and your customer when a transaction has been approved or denied. Since payment gateways can be taken as the digitization of a bank’s key business, it makes sense for banks to specialize in this segment. Tricor Trustco (Labuan) Ltd Kuala Lumpur Marketing Office (LL04014) Unit 31-01, Level 31, Tower A, Vertical Business Suite, No. Essentially, a payment gateway works as a secure bridge between the merchant and the customer so that the. This means that 97% of any such payments will be disallowed to the Malaysian resident payer. 4. In Malaysia, STICPAY has been granted a Labuan Financial Services Authority licence, and has been registered as a money brokering and payment system operator that’s compliant with Labuan. 9% + $0. The subsequent payment of annual. From the many payment methods available, choose one that best suits you. STIC LTD is authorised and regulated by the. At present, three banks are offering online payment gateway services. This needs to receive the approval of the Companies Commission of Malaysia. He added: “Labuan IBFC is envisioned to become a digital-based gateway with Islamic finance capabilities for all global investors and players as the future of Islamic finance looks ever promising. The signing of the MoU was witnessed by. Transaction processing fee: 2% on all transactions. Our online payment system delivers reliable merchant services that allow businesses to accept online payments ranging from credit cards, debit ATM cards, cash or over-the-counter. 7. Email: [email protected] Phone: +603 2783 9191 (Labuan Division) Whatsapp Us: +6012-203 1143. ISBN: 978-1-83918-276-1. Labuan IBFC’s debut as a digital friendly jurisdiction began in 2017 with just one licence and has since expanded with a wide range of digital businesses and players, from digital banking and insurtech to intermediaries such as robo-advisory, digital asset exchanges, crypto trading platforms, tokenisation licences and e-payment systems. Deutsche Bank (Malaysia) Berhad. Founded in 2015, SenangPay is one of the most popular payment gateways in Malaysia. net charges a $25 monthly gateway fee plus an all-in-one transaction charge of 2. 6 out of 5. Get super-fast and super-secure online payments from just about anywhere in the world with South Africa’s most-loved payment platform – letting you get on with the business of running your business. Huge numbers of different online payment gateways are available, each with its own so advantages and disadvantages. 30 per. Here are some key highlights: Pricing and Other Fees: Annual Fee: None. As of 2019, there are 196 key fintech players in Malaysia. These Are the Best Payment Gateways in 2023. Out of the total number of DFS providers in Labuan IBFC, the majority were licensed to provide digital currency trading platform, issuance of digital token and e-payment system or e-wallet. It passes this data to the payment processor securely to be processed. 60 whichever is higherReceive the fund manager license. Razorpay Payment Gateway supports 100+ payment modes. 8%. Square – Best for faster payouts. No. CIMB Bank Berhad. With PayPro internet payment gateway you get the widest range of payment options. 5% and 25 cents per online or manually. Labuan IBFC’s debut as a digital friendly jurisdiction began in 2017 with just one licence and has since expanded with a wide range of digital businesses. Stripe. Apply Now! Skip to content. Flores’ exotic beauty – land and underwater – and rugged charm are well known to the world. net are best for taking credit cards and other payments. Labuan companies will only need to file their records if they engage in business with Malaysian resident or firms, or if they are trading firms. Deutsche Bank (Malaysia) Berhad. Tricor Trustco (Labuan) Ltd Kuala Lumpur Marketing Office (LL04014) Unit 31-01, Level 31, Tower A, Vertical Business Suite, No. PesaPal. 1. Accepted Payment Methods. today entered into a non-binding Memorandum of Understanding (MoU) with SotaTek Viet Nam Technology JSC (SotaTek), a global blockchain and software development firm. Introducing Smart Checkout on ICICI Bank’s Internet Banking. A payment gateway is an infrastructure that allows collecting and transferring payment data from the point of interaction (PI) to the payment processor. PAYARC – Offers the best payment gateway for processing international transactions. Totally tailored for 1,300+ professions. net is a payment gateway that allows you to accept payments from anywhere in the world, including France. 22, 2021 /PRNewswire/ — Labuan International Business and Financial Centre (Labuan IBFC) is rapidly revolutionising its digital offerings, entrenching its commitment to become a facilitator of Asia’s digital revolution, a key driver of the centre’s success in recent years. This powerful tool will help you monitor all the necessary metrics and make more informed decisions about your business performance and development. It protects members from personal liability, except to the extent of their investment in the Labuan LLP. Labuan Operational OfficeFollowing the gazettement of P. 11. The airport is the gateway for travellers to the Labuan Bajo and serves by Garuda Indonesia, Srivijaya Air, Air Asia, and Batik Air. A payment gateway is the essential technology that keeps your customer’s payment data safe, and relays data to you. 30 per transaction. 1. Complete Your Payment. Return to Quote. Octopus App for Business. JomPAY allows you to manage your bills easily with one payment method all through your online banking. M & K Labuan Ltd is a Malaysian based Trading and Management Company. Bank Simpanan Nasional. The Location of Labuan Bajo. Email: [email protected] Phone: +603 2783 9191 (Labuan Division) Whatsapp Us: +6012-203 1143. Authorize. CRM system. But if you want to pay for APIs and other third-party features, add an extra $20K to $30K for integration. Vlad Poptamas - October 22, 2021. Labuan Bajo is an area in Flores, Indonesia. If you are looking for Payment Gateway in Labuan,Payment Gateway Services like Accepting Credit Cards like Visa, Mastercard, American Express, JCB, Dinersclub on your website or eM & K Labuan 2D payment gateway Company. Credit cards, contactless payments,. Authorize. 1 A1 Credit Token Ltd. Operator. Bank of China (Malaysia) Berhad. PayPal is the First Payment Gateway worth talking about. RM 0. Payment processor: the party behind the gateway that connects to various card networks. Rated 4. If you want to accept credit card and debit card payments from your customers online, over the phone. One of the key benefits of a payment gateway is that it increases security for both the customer and the business. 2. is composed of three major islands (Rinca, Komodo, and Padar) and numerous smaller. The smartest way to get you paid. List of Money Brokers. Labuan is a thriving business financial center located in the federal territory of Malaysia. Pulau Labuan. Authorize. View Documentation. p. Labuan entity for the basis period for that year of assessment. Multi-currency: In order to use DocuSign Payments with an Elavon payment gateway, multi-currency must be enabled on your Elavon account. أرخص | حسابات التاجر لـ international payment gateway وأفضل بوابة دفع لحساب التاجر الدولي المقدمة من موفري حسابات التاجر. Telr. Instant coverage with competitive rates. The PMPC is an exciting progress that fulfils the requirements for convenience, efficiency and security – the hallmark of an efficient payment systems mode. For example, Shopify Payments uses Stripe which costs 2. Payment Gateway Terbaik Online Payment Terlengkap di Indonesia, 30 Detik klik ke semua virtual account bank, Alfamart & Indomaret, tanpa NPWP. The DHL Global Connectedness Index 2022 Update takes a comprehensive, data-driven look at the events of 2022. KUALA LUMPUR, Malaysia, Oct. Online payments built to build your business. Now that you understand the basics, let’s explore how this technology works: Step 1: The customer selects the service or product they want to purchase and enters the checkout page. Email: [email protected] Phone: +603 2783 9191 (Labuan Division) Whatsapp Us: +6012-203 1143. Labuan is the gateway for travellers to the Labuan and serves by Malaysia Airlines, Air Asia, and Maswings. Labuan Operational OfficeIn general, a payment gateway is a merchant service and an interface used to collect consumer payment information. 4% and 8 cents per in-person transaction (if $50,000 or less in monthly card transactions). The Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA) is the primary piece of AML/CFT legislation in Malaysia. Pay any amount from any of your account securely anytime, anywhere. Date : 18 November 2020 . There’s plenty to explore for adventurers and holiday-makers alike. It is a fishing town near beautiful waters and is the gateway to the very popular Komodo Island. It acts as a bridge between an online store and the bank that processes the payment. Telr. More than that, virtual office packages in Labuan can be bought by investors who want to enlarge their operations in Malaysia and get in touch with local partners. Banking & Financial Services. While travelers don’t spend a ton of time in Labuan Bajo itself, the city is the perfect base for exploring Komodo National Park and the island of Flores. Storing tokens in a payment gateway allows you to switch freely among providers as your business’s needs change. Payoneer. AltPayNet | 505 followers on LinkedIn. A payment gateway is a mechanism that communicates transaction information between the customer and the merchant. AltPayNet specializes in white-label payment gateway solutions, SaaS payments, operational consulting, risk management, and cybersecurity services and solutions. A sound regulatory framework exists to govern the payment systems in. We provide seamless electronic payment solutions for both SME's and large enterprises. net is an ideal payment gateway for small businesses. It also refers to the online portals used to collect online payments. A payment token is generated for each customer. There are two direct flights available from Kuala Lumpur International Airport to Labuan Airport until today. Maintaining and improving theworks and services provided. Razorpay - best payment gateway in India. Labuan. PayPal. They are also the region’s leading online payment gateway that serves widely-used brands such as. And with Amazon Payments you get all the benefits of Amazon while your customers remain on your site. Worldpay – Best for integrations. 1. Labuan. The customer’s payment information is collected on the third-party site, ensuring the business’s website does not handle or store sensitive payment data. First introduced in 1997 as a contactless smart card used for public transportation. Here are the best payment gateway providers for secure credit card transactions online: Top 7 payment gateway providers. Meet Komodo Dragons at the National Park of Komodo. Labuan is the gateway for travellers to the Labuan and serves by Malaysia Airlines, Air Asia, and Maswings. (LFSA Company No. 49% + $0. LL17331) is registered with the Labuan Financial Services Authority as a Money Broking and Payment System operator (MB/21/0073). For starters, a payment gateway ensures the secure transmission of any payment data. Make payments online from any of the 42 Banks. 2C2P. Payline Data: Best for subscription-based businesses. Bank of America Malaysia Berhad. (264) 4. The abolishment of MYR 20,000 flat tax. A payment gateway is the link between different components of a payment transaction. 2. Starting with the procedure for obtaining a Payment System Operator License in Labuan, you need to have a legally registered entity in the country. 12. Second, ecommerce payment gateways are often subject to fraud and security threats. 30 cents per sale. The bank then authorizes the payment. With a presence in 120 countries, the payment gateway accepts digital payments and is available in 30 languages. net: Best for fraud prevention. Premium Plan: 2. Deductions not allowed for payment made to a Labuan company - Amendment Rules The Income Tax (Deductions Not Allowed for Payment Made to Labuan Company by Resident) Rules 2018 (Amendment) 2020 (“2020 Amendment Rules”) has been issued, legislating Payment via internet banking. Out of the total number of DFS providers in Labuan IBFC, the majority were licensed to provide digital currency trading platform, issuance of digital token and e-payment system. c) Transfer representing refunds for failed / disputed transactions. 3. The founders started the company modestly targeting the local market with an eye on the regional and international markets. What is a Payment Gateway? A payment gateway, sometimes referred to as a credit card gateway or a credit card payment gateway, facilitates the exchange of credit and debit card data. Braintree is a payment gateway that specializes in. Helcim. BROCTAGON PRIME MARKETS LIMITED. Gumroad for selling individual items. Mendukung banyak metode pembayaran online dan kirim dana ( disbursement) untuk mudahkan pelanggan lakukan transaksi bisnis, serta mudahkan Anda fokus kembangkan bisnis dengan pililhan untuk kelola semua proses pembayaran. 1. We. The documents required include a business plan, referral letters by a professional and audited financial statements. 1. Terlengkap. Powered by a team of true experts, the. Galaxy Ferry. com +6011 6334 3949 AltPayNet | 508 (na) tagasubaybay sa LinkedIn. Baxian Bank Ltd. Integrate payment gateway to accept payments on the web and app. net. my for preliminary review by the officer. As such, it’s one of the most fully developed payment gateway you can find around. Our editorial team reviewed dozens of popular payment gateways and determined that Stripe, Authorize. Stripe is an Irish-American payment service provider that is headquartered in California. In person, a payment gateway is software built into physical card-reading devices in brick-and-mortar establishments. 22, 2021 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) is rapidly revolutionising its digital offerings, entrenching its commitment to become a. PayPal also offers. 22, 2021 /PRNewswire/ — Labuan International Business and Financial Centre (Labuan. Labuan company for the purpose of the restriction of tax deduction whether or not it meets the SAR. During the last few years, this city has become one of the main tourist development in Indonesia. Payment gateways enable the capability for credit card and digital payment processing. 011-26290628. The payment gateway bridges the gap. Goodwill Star RO-RO Ferry. Operator. Software-as-a-service (SaaS) providers. If the payment is interest or relates to a. 2. BNP Paribas Malaysia Berhad. Stripe. For the right client profile, there are many benefits that can come with opening a Labuan offshore bank account. Payment System Operator: Payment Platform, E-wallet: Fund Manager:. Major Challenges in E-Payments & Prospective Solutions. 2. Rinca Island is located in the south of Labuan Bajo, Flores. PayPal services are used by business makers and end-users. 22, 2021 /PRNewswire/ — Labuan International Business and Financial Centre (Labuan IBFC) is. Net, you can accept all major credit cards, debit cards, digital payment methods, as well as e-checks and foreign payments from most countries. No. PKL Jaya Sdn Bhd. senangPay supports multiple payment methods and provides affordable pricing plans, making it an attractive choice for startups and SMEs. NOTE. Various payment options with a single integration One Merchant ID - Manage multiple currency accounts. With the adoption of Innovative Financial Services (IFS) framework in Labuan, a key feature of the Labuan. 22, 2021 /PRNewswire/ — Labuan International Business and Financial Centre (Labuan. LHDNM SABAH. The Income Tax (Exemption) (No. Email: [email protected] Phone: +603 2783 9191 (Labuan Division) Whatsapp Us: +6012-203 1143. 3. a) Payment to various merchants / service providers. Featured On. 4 billion from 2023 to 2027, underscoring the importance of online business in the region. These services accept payment in cash or. The cost of obtaining a cryptocurrency license in Labuan usually includes various fees, which include: the license application fee, which can range from 1,000 to 5,000 Malaysian Ringgit ($200 to $1,000), depending on the type of license;Payment Processing Fee: 3. UPI app opens, customer verifies the order amount and clicks to pay. If a non-resident is deemed to have a permanent establishment (PE) in Malaysia, the entity will have to register and complete it’s filling of income tax return. 21. Fee for matters under the Labuan Limited Partnerships and Limited Liability Partnerships Act 2010 Order 8. Over 150+ payment modes with both domestic and international. HUBUNGI Pejabat Cawangan PTPTN WP Kuala Lumpur & Putrajaya Selangor Negeri Sembilan Melaka Johor Perak Pulau Pinang Kedah Perlis Pahang Kelantan Terengganu Sarawak Sabah Wilayah Persekutuan Kuala Lumpur (Ibu Pejabat) Tingkat BawahMenara PTPTN, Blok DMegan Avenue IINo. Who can apply for a Labuan payment system operator License? Individual or institution with payment gateway expertise with a good track record and sufficient years of. Australia. Bank of Tokyo-Mitsubishi UFJ (Malaysia) Bhd. 9% plus $0. net.