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New Payment Gateway for South Africans is the choice for small businesses,it does not require a merchant account,they don't charge merchants a setup or monthly subscription cost, their transaction fees are slightly higher.
Monster'Pay does not charge its clients any fees to open an account, to purchase is easy via the web or mobile or send money to more than 210 countries. The Payment Gateway service accept Rand and US Dollar credit cards.Instant EFT via SID and direct deposits are also provided for Rand. This Payment Gateway is unique no other payment gateway can provide Instant EFT facilities.
Sending payments and adding funds are both free, to receive payments funded by Credit Card or Debit Card costs 4.9% of the transaction, plus $0.35USD for US Dollars, and 4.9% of the transaction, plus R2,50 for South African Rands. Receiving payments funded by POLI or Instant Bank Transfer costs 2.9% of the transaction, plus R2,50 for South African Rands. It costs 2.9% of the transaction to receive payments funded by MonsterPay Balance, eCheque or eDeposit. To withdraw funds, it'll cost $2,50USD for US Dollars; E2.00 for Euros; £1,50 for Pound Sterling and R8,00 for South African Rands.
This Payment Gateway provides a variety of payment gateway tools and integration tools for clients' websites. Integration tools offered include: Auto-Redirect; Auto-Post and Synchronisation facilities. A full implementation and integration guide is available for download here
