Setcom launched a new product called Monsterpay. Over the years thousands of web sites relied on Setcom for receiving online payments. Now web site owners can use MonsterPay to accept online payments on their web site. BUT not online can web site owners use this facility. The normal Internet users can also use Monsterpay to send and receive funds over the Internet without exposing your banking or credit card details online.

There are no setup or monthly fee, MonsterPay just takes a small percentage of each transaction.

For some years now PayPal did not treat South Africans very well. They are a bit stuck up to allow South Africans to open accounts with them to receive payments.

I see this new MonsterPay service as our South African solution to the PayPal problem.

Click here to open your MonsterPay account today.

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.

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