South African Merchants can receive money from almost anywhere in the world by signing up for the PaySum1 service. Your client pays us by transferring foreign currency into our account in his own country saving you inbound receiving fees charged by SA banks.
It's a simple, secure, efficient and cost effective solution to receiving EFT's from overseas.
For Clients...
Send money to South Africa from almost anywhere in the world by simply depositing your money into a local bank account held in your own country.
No conversion of funds to Rands or high transfer fees.
It's simple, secure and cost effective.
Our Benefits
Guaranteed best exchange rates
No transfer fees
Zero commissions
No inbound deposit fees charged by SA banks (up to R500 per payment)
Quick, reliable and efficient
Simple, safe and secure
How It Works
Client visits Merchant web site
Client chooses PaySum1 payment method
PaySum1 system offers foreign currency equivalent of Rand amount owed
Client deposits foreign currency into a local bank account in his own country