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.
