Online payments by cellphone
Internet Solutions provides online shoppers with FNB cellphone payments
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Internet Solutions provides online shoppers with FNB cellphone payments
There is also good news for customers who wont be charged bank fees for goods purchased using Cell Pay Point.
The question though is what will merchants be charged. If it is too expensive then it may be difficult to get merchants to adopt it even if consumers love it.
like the credit card fee is just past onto the customers. if you want to use your card you must pay the extra 5% or something
Sounds very cool, but what I really want is a service like PayPal in SA, which is universal across all banks. It would solve some major headaches when it comes to online shopping.
Had brief look at this and fail to see WTF its got to do with IS other than they (and about 10 other merchants) have signed up with FNB??
Fortunately, merchants aren't allowed to add a fee for paying by credit card. It's stated in the merchant agreement.