GET PAID ONLINE BY CLIENTS FROM OVERSEAS
PaySum1 is a secure and cost effective way for merchants to get paid from overseas. PaySum1 is an easy to use payment facility for both the Customer and the Merchant.
Benefits of using PaySum1 for the Merchant:
- Save money on SWIFT and wire transfer fees.
- No chargeback risk.
- No inbound receiving fees charged by South African banks, resulting in a saving of up to R500 per payment.
For the Customer:
- Client makes an international payment to South Africa at up to 10% cheaper than using the banking system for electronic transfers.
- Client makes payment to South Africa by depositing their local currency equivalent (USD, GBP, EUR, AUD and many others) of the Rand amount into a local bank account held in their own country.
- Guaranteed best exchange rates
- No international transfer fees
- Zero commissions (client pays R50 on amounts smaller than R5,000).