FEES
You pay for each transaction.
Fees are only charged on products used.
Wide range of products to suit every customers needs and or preferences.
Transaction Fee
Fixed Fee per transaction on online and in-person for Visa and Master card will be 2.95% + R1.50 and for Diners and American express will be 3.50% + R1.50 Excluding vat
Settlement or Pay Out Fee
The settlement of your transaction are proceeded daily, weekly or monthly and is charged at a flat rate of R3.90 per settlement excluding VAT. Min payout is above R100
Merchant refund
Each refund will have a fee of R2.00 excluding VAT.
*Refunds back to the cardholder can take between 1 to 7 working days, excluding weekends and public holidays
Fees per product
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Ozow
2% of the transaction amount
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OTT Voucher
6% of the transaction amount
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IndiGo
Transaction in-person for Visa and Master card will be 2.95% + R1.50 and for Diners and American express will be 3.50% + R1.50 Excluding vat
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Batch
Non-3DS for Visa and Master card will be 3.5 % + R1.50 and for Diners and American express will be 3.50% + R1.50 Excluding vat
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SynXis
1.25% of the settled monthly transaction value
Oracle Micros
1% of the settled monthly transaction value
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Gloria Foods
Transaction for Visa and Master card will be 3.25% + R1.50 and for Diners and American express will be 3.50% + R1.50 Excluding vat
Settlement takes between 1 - 3 working days to process this excludes the day the transaction was processed, we do not settle on weekends and public holidays.
We only process in ZAR and in South Africa.
Settlement Calculator
Results
Transaction Amount: R500
Fee Percentage (3.50%): R17.50
Fixed Fee (+R1.50): R1.50
VAT (15% on Fees): R2.85
Settlement Fee (R3.90): R3.90
Total Fees: R25.75
Final Settlement: R474.25
*Please note that the amount that is settled into the clients account might be slight differ as the Settlement Calculator is an estimated amount.
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