South Africans accept payments online
One of the biggest challenges for a web site owner in South Africa is to accept payments online.
With most payment processors in South Africa you must have a merchant account before you can accept payments online. In order to get a merchant account you need to pay a huge deposit, have a high turnover and pay a hefty monthly fee to both the bank and to the company who does the interface between your site and the bank.
NOT ANYMORE
Thanks to Monster Pay (previously known as Setcom) you can now accept payments on your site in no time. You do not need a merchant account and there are NO MONTHLY or start-up fees. Like any other business accepting credit cards you will only pay a percentage of each transaction. This is great because it means that if you do not make money, you do not have to pay any fees and if you make money you pay the fee with a smile.
To get your own FREE account go to http://www.monsterpay.com now, click here.
Setcom’s support is great and very helpful.
You must be joking!! I advise ANYONE not to use their services. I have registered with Monsterpay (setcom) and have been unfortunate enough to receive payment in South African Rands. As I live in Spain, they clearly told me that it is impossible for me to withdraw my funds, as I must withdraw it in South Africa, of course I complained about it and because of it, they even stole 290 US dollars that were on my Monsterpay account. This company is a fraud and if you have any problem they won’t think twice about taking your cash and tell you to get lost. I have posted a video on youtube, see for yourself proof of this.