ABSA Bank Merchant Facility

ABSA Bank Merchant Facility

SADA has an arrangement with ABSA Bank regarding Merchant facilities for SADA Members as follows:

  • Mobile Terminal – R420.00 pm excl VAT (Communication included)
  • Desktop Terminal – R249.00 pm excl VAT (Client organizing their own communication for the machines. Please note ABSA only works with the following companies: Fastnet, Xlink and Connected)

Rates per transactions are as follows:

  • 2.08% excl VAT on Credit Card
  • 1.04% excl VAT on Debit Card
  • Total minimum commission fee of R375.00 is per month is applicable
  • A delivery fee of R250.00 once off excl VAT is applicable

Contact your ABSA Bank account manager for further information. You will be asked to prove SADA membership. A copy of your SADA Membership Statement should suffice for their purposes. If this is not sufficient, SADA will provide you with a membership confirmation letter.