*Please note: These fees are only applicable if the merchant has their own merchant facility with their bank.

Item

Fees

Setup

R 285.00

Minimum Period

Three Months – thereafter calendar month notice

Authorizations

57 cents

Settlement

57 cents plus 0.5% of the value of each transaction with a max of R 4.56

Refunds

R 1.14

Monthly

R 175.00

* These fees are only applicable if the merchant has their own merchant facility with their bank.

Volume Discount:

Tier Transaction Count Authorisation Settlement Ad Valorum

     (AV)

    AV

Maximum

Monthly
1 1 – 299      R 0.57    R 0.57     0.50% R 4.56 R 175.00
2 300 – 999      R 0.51    R 0.51     0.45% R 4.56 R 175.00
3 1000 – 2999      R 0.46    R 0.46     0.40% R 4.56 R 175.00
4 3000 – 4999      R 0.40    R 0.40     0.35% R 4.56 R 175.00
5 5000 – 9 999      R 0.34    R 0.34     0.30% R 4.56 R 175.00
6 10 000 – 14 999      R 0.29    R 0.29     0.25% R 4.56 R 175.00
7 15 000 – 49 999      R 0.23    R 0.23     0.20% R 3.99 R 175.00
8 50 000 – 99 999     R 0.22    R 0.22     0.19% R 3.42 R 175.00
9 100 000 – 249 999     R 0.21    R 0.21     0.18% R 2.85 R 175.00
10 250 000 +     R 0.19    R 0.19     0.17% R 2.28 R 175.00

 

No fees will be charged during the testing phase.
The merchant will receive a monthly VCS tax invoice and statement via e-mail.